Terms of the deal — which marks IXL’s eighth acquisition in six years — were not disclosed.
Teachers Pay Teachers, founded in 2006, provides a platform where educators can create and purchase instructional materials from each other.
The company reports that 85 percent of PreK-12 teachers use the platform, which has roughly seven million free and paid resources currently available.
“TPT is an iconic brand in education, and it offers a unique opportunity for teachers to learn from each other and become entrepreneurs,” Paul Mishkin, CEO of IXL Learning, said in a statement.
IXL looks forward to “redoubling TPT’s efforts toward building a special home for educators centered around expertise, trust and a deep devotion to learners’ success,” he added.
In recent years IXL has scooped up well-known brands across the the education space, including language assessment company Emmersion in September 2022; Curiosity Media, parent company of SpanishDictionary.com, in June 2022; Rosetta Stone in March 2021; tutoring provider Wyzant in February 2021; literacy-focused Vocabulary.com in March 2020; learning resources website Education.com in November 2019; and early childhood education company ABCya in October 2018.
In addition to its peer-to-peer platform, Teachers Pay Teachers also offers TPT School Access to provide subscriptions at the school and district level.
“IXL Learning has built an incredible mission-driven business, and we are thrilled for TPT to join the IXL Learning family,” Teachers Paying Teachers CEO Joe Holland said in a statement.
By joining together with IXL, Holland said “we will multiply what we can deliver for teachers in the years to come.”
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