In this week’s dealmaking news, mathematics education company Carnegie Learning acquired Globaloria, a provider of computer science courses. Also, DIY computer kit provider Piper and Denmark-based Labster raised funds.
The Advisory Board Company, which provides research, technology, and consulting to health care organizations and education institutions, has agreed to sell its education business to Vista Equity Partners for approximately $1.55 billion.
In this week’s dealmaking news, MagicEars, a Beijing-based company that provides online English classes for children, raised $6 million.
Curriculum company Activate Learning and K-12 supplier School Specialty have announced acquisitions. Also, Finnish ed-tech company Lightneer raised $5 million.
Barnes and Noble Education purchased Student Brands, a subscription-based writing skills services business, while Harris School Solutions, a provider of technology solutions for schools, acquired school management software provider JR3 WebSmart.
Frontline Education has been acquired by private equity firm Thomas Bravo; in addition, UK-based Impero Software, a provider of remote monitoring and management software, has raised $36.3 million from Investcorp Technology Partners.
In this week’s dealmaking news, India-based startup BYJU’S raised $40 million from China-based Tencent; in addition, World Book formed a partnership with Eupheus Learning to expand into the Indian market.
Frontline Education has acquired the professional growth provider School Improvement Network, its tenth acquisition overall and the second this year.
The ed-tech startup PeopleGrove has raised $1.8 million in seed funding through a round led by Reach Capital, with participation from Bisk Ventures, GSV, and others.
BYJU’s, a test-prep company based in India that is backed by Facebook CEO Mark Zuckerberg’s education organization, has acquired online tutoring brands TutorVista and Edurite from Pearson.
Market Brief
Actionable K-12 intel for business leaders powered by data and original research you can trust.