A handful of education companies, including Chegg and Boxlight. announced acquisitions this week.
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Renaissance CEO Daniel Hamburger will be replaced by Chris Bauleke, the former top executive at digital learning provider myON.
Private equity firm and technology investor Silver Lake made an investment in Imagine Learning, a provider of supplemental math, language and literacy programs.
LRP Conferences, a publisher and conference organizer, announced that it has acquired the editorial and conference company Professional Media Group, LLC.
Foreign investment presents opportunities to expand reach, but U.S. education businesses should set clear expectations for international deals, experts say.
Activate Learning purchased Conceptua Math and Chinese homework app provider Knowbox raised $100 million in its latest funding round.
The total dollar value of dealmaking in the pre-college, higher education and professional training sectors soared from just $5 billion in 2016 to $16.79 billion in 2017, according to a report by investment bank Berkery Noyes.
In this week’s dealmaking news, on-demand software and e-commerce services provider Ebix purchased a stake in Smartclass Educational Services. Also, NewSchools Venture Fund will invest $5 million in 23 teams of educators who are planning to launch new schools.
After a two-month hiatus, Stuart Udell takes another leadership role at a K-12 company–this time a leadership change that marks the departure of Saki Dodelson, the longtime CEO and co-founder of Achieve3000.