Mergers and Acquisitions

Finally: Pearson Sells Its US K-12 Courseware Business—for $250 Million

Nearly a year after announcing the plan, Pearson has finally sold its U.S K-12 courseware business. The buyer: Nexus Capital Management, a Los Angeles-based private equity firm.

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A Welder of Digital Curriculum Companies Buys Its Latest

Weld North Education is named after the Harvard dormitory where its founders first met in 1982. Little did they know then that the first word in its name would become a fitting pun for the private equity firm’s consolidation of education companies.

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Microsoft Takes a Bite Out of BrightBytes, Acquiring Its DataSense Platform and Team

From launching new tablets to virtual-reality curriculum, Microsoft has added plenty to its educational offerings through a series of new product updates and acquisitions over the past few years.

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Hero K12 Gets a Facelift and a New Edtech Acquisition

When Hero K12 acquired SchoolMint two years ago, it didn’t just buy some school enrollment software. It also got a new boss—and a new brand.

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The Clock Is Ticking for This Edtech Buyer to Find a Deal

If it seems baffling that companies with no revenue can raise money from private investors (ahem, as some edtech startups did in the early 2010’s), then EdTechX Holdings might just sound outright crazy at first. Last October, the London-based education group went public on Nasdaq with no revenue, assets or product.

CodeMonkey Acquired by TAL Education Group

BEIJING – CodeMonkey caught more than a few bananas today.An educational coding platform for grade school students with the cheeky tagline, “Write code. Catch bananas. Save the world” said today that it has been acquired by Beijing-based TAL Education Group.

Google Makes a Rare Education Technology Acquisition: Workbench

Getting acquired by the likes of Apple, Google and other “Big Tech” firms is often the dream of entrepreneurs (and their investors). Yet in the education industry, these deals have been few and far in between, especially as many of these companies have opted to build their own edtech tools.

Struggling College-Pathway Provider Quad Learning Pivots and Sells

An experiment to create an inexpensive pathway for students to attend prestigious, four-year universities ended up costing one company a lot of money. As a result, it has pivoted from its original mission and has been sold—at a fraction of the venture capital it raised.

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New Merger Wants to Create ‘WeWork for Education’ Via Digital Badges and Mini-Campuses

Southern New Hampshire University (SNHU) and nonprofit LRNG have agreed to merge into one behemoth education organization with an ambitious goal: to streamline the disjointed pathways between K-12, higher education and the workforce and create something altogether more cohesive.

Online Learning Platform, NovoEd Acquired by Boston Private Equity Firm

Boston-based private equity firm Devonshire Investors has acquired NovoEd, a San Francisco-based provider of an online learning platform. Terms of the acquisition deal were not disclosed.

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