K-12 media and tech overtook professional learning services as the education market segment with the highest activity, as acquisitions totaled nearly $20 billion in the first half of 2021.
DreamBox Learning is acquiring the well-known adaptive literacy program, Reading Plus, marking the ed-tech provider’s expansion into reading curriculum.
GoGuardian has acquired Edulastic, and the Austrian tutoring startup GoStudent announced it received a $244 million investment with an eye on global expansion.
Achieve3000’s efforts during the pandemic offer a window into how education businesses have overhauled support for teachers to suit virtual environments.
The major research and assessment organization has acquired the testing assets of its longtime partner in providing English language-learning tests.
Educational gaming provider Kahoot has acquired major K-12 single-sign-on platform Clever. In a separate deal, an education-focused private equity firm has raised $388 million for its sixth fund.
Tampa Bay Buccaneers quarterback Tom Brady is among the investors contributing to a recent, $12 million fundraising round by Class Technologies, Inc.
A new class of special purpose acquisition companies could give rise to a constellation of of publicly traded education companies, with more visibility and greater access to capital.
Renaissance has acquired Nearpod, in a merging of companies that bring a focus on classroom assessment and interactive features designed to boost student engagement.
Investors are putting a premium on companies that have the products and expertise to span distance learning and a return to in-person lessons.