Vietnam-based EQuest Education Group said it raised $120 million in debt and equity financing as it aims to grow its network of schools in the country.
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As part of the acquisition, the companies are starting a new nonprofit organization, led by former NWEA board members.
At the recent ASU+GSV Summit, investors and company leaders talked about if they’re trying to grow through acquisition, or building new products on their own.
Israel-based ed-tech startup TinyTap has secured an $8.5 million funding round, which it will use for staff expansion and product development.
Renaissance announced it has completed its acquisition of GL Education, a U.K.-based assessment company.
MindPlay, owned by private equity firm New Harbor Capital, said it was attracted to LightSail’s large content library.
The acquisition is IXL Learning’s eighth in the past six years, and its portfolio now includes Rosetta Stone, Curiosity Media, and Vocabulary.com.
Tutoring provider Paper is acquiring two companies in an effort to expand its offerings beyond virtual one-on-one academic support.
The digital curriculum provider Imagine Learning is acquiring a special needs-focused organization in a new effort to help struggling learners.
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