The sale of Wall Street English, a big provider of English-language learning in China and other countries, will generate $300 million.
European private equity firm IK Investment Partners has agreed to acquire Studienkreis GmbH, a provider of tutoring services in Germany.
WorldStrides, headquartered in Charlottesville, Va., has received a $500 million strategic investment. And math education company Carnegie Learning and assessment provider NWEA have partnered on a new learning platform.
Panorama Education raised $16 million from investors who include the Emerson Collective and the Chan Zuckerberg Initiative.
Wonder Workshop, a creator of robots designed to teach kids of all ages creative problem solving, coding, and robotics, has closed a Series C funding round and associated financing of $41 million.
Tech training company Galvanize has raised $7 million in a funding round led by ABS Capital Partners and University Ventures, and Canadian publisher Nelson has forged yet another education-focused partnership.
Learning platform provider Chegg announced its acquisition of Cogeon, and ed-tech investor Owl Ventures closed an $185 million funding round.
A Canadian investment company, Volaris, has acquired Edumate; also, Australian learning platform Moodle has raised $6 million.
In this week’s dealmaking news, St. Louis-based Varsity Tutors acquired UK-based First Tutors. In addition, RYB Education, a Chinese early child education provider, announced its initial public offering on the New York Stock Exchange.
Education Companies on Inc. 5000 List Give Insider Looks at Fast Growth
30 Companies in the K-12 Market Are on This Year's List, and Some Have Seen Big Revenue Increases
CEOs of some of the fastest-growing K-12 companies explain why they shared financials to get on the Inc. 5000 list, along with tips to manage accelerated growth.