In a pair of deals in the digital communications space, Edlio acquired SchoolInfo, while Finalsite bought the Blackboard K-12 Community Engagement division from Anthology.
In announcing the deal, Scholastic said the acquisition will “significantly advance” the development of its literacy platform
In a pair of deals affecting some of the biggest players in the K-12 marketplace, Illuminate Education was acquired by Renaissance, and Frontline Education was bought by Roper Technologies for $3.75 billion.
Discovery Education has acquired U.K.-based DoodleLearning, and WeVideo has scooped up a software company, PlayPosit.
In an expansion of its global reach, the nonprofit Digital Promise scooped up two assets from the Asia Society.
A-Street’s investment includes $100 million in newly issued shares, as well as $50 million in equity purchased from the nonprofit Great Minds organization,
Prenda’s latest funding round was led by venture capital firm Seven Seven Six, which was founded by Reddit Co-founder, investor Alexis Ohanian.
Private equity-backed assessment and analytics firm Riverside Insights has acquired Aperture Education, which provides social-emotional assessments to K-12 districts.
Startup Class Technologies has acquired Anthology’s Blackboard Collaborate, and India-based Byju’s company Great Learning has acquired Northwest Executive Education.
New York-based private equity firm, Stonepeak, is investing more than $1 billion in an international private school provider, while Linewize is making its fourth acquisition this year.
Market Brief
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