ClassWallet is a payments and purchasing platform designed to let school districts and state agencies streamline how they disburse funds.
The procurement software company Ion Wave was acquired by GTY Technology Holdings, the owner of recently merged platforms Bonfire and DemandStar .
There were 213 total mergers and acquisitions in the first six months of this year, compared to 244 during the same period a year ago.
Houghton Mifflin Harcourt, one of the most recognizable publishers and content-providers in the K-12 space, is being acquired by private equity firm Veritas Capital for about $2.8 billion in cash.
Districts’ appetite for ed-tech has not waned with the return of in-person learning, says Jason Brein, a partner at the private equity firm Francisco Partners.
The education and publishing titan is being sold from one private equity firm, Apollo Global Management, to another, Platinum Equity.
The Salt Lake City-based company that sells the Canvas learning management system has announced plans to be acquired by Thoma Bravo, a private equity firm.
Under the terms of the agreement, Discovery Communications will retain a minority equity interest and license the Discovery Education brand to the business.
In this week’s dealmaking news, the ed-tech sector saw a handful of acquisitions. Private equity firm Education Growth Partners acquired Apex Learning while Sylvan Learning purchased Citelighter, among other acquisitions.
Indian educational app provider BYJU’S raised funds from the Chan Zuckerberg Initiative; and private equity firm Bridge Growth has acquire Finalsite from Spectrum Equity.