M&A Deal Summary

CLPS Acquires College of Allied Educators

On January 9, 2024, CLPS acquired education company College of Allied Educators

Acquisition Highlights
  • This is CLPS’s 1st transaction in the Education sector.
  • This is CLPS’s 3rd transaction in Singapore.

M&A Deal Summary

Date 2024-01-09
Target College of Allied Educators
Sector Education
Buyer(s) CLPS
Deal Type Add-on Acquisition

Target

College of Allied Educators

Singapore, Singapore
website
College of Allied Educators is an learning institution provides professional organizations such as EduTrust, the Singapore Association for Counselling, and the International Registry of Counsellor Education Programs, among others. College of Allied Educators was founded in 2004 and is based in Singapore.

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Buyer(S) 1

Buyer

CLPS

Kwun Tong, China

website


Category Company
Founded 2005
Sector Information Technology
Employees3,352
Revenue 126M USD (2021)
DESCRIPTION

CLPS is a information technology ("IT"), consulting and solutions service provider focusing on the banking, insurance and financial sectors. The Company serves as an IT solutions provider to a growing network of clients in the global financial industry, including large financial institutions in the US, Europe, Australia and Hong Kong and their PRC-based IT centers. The Company maintains eleven delivery and/or research & development centers to serve different customers in various geographic locations. Mainland China centers are located in Shanghai, Beijing, Dalian, Tianjin, Chengdu, Guangzhou and Shenzhen. The remaining four global centers are located in Hong Kong, Taiwan, Singapore and Australia. CLPS was founded in 2005 and is based in Kwun Tong, China.


DEAL STATS #
Overall 5 of 5
Sector (Education) 1 of 1
Type (Add-on Acquisition) 3 of 3
Country (Singapore) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-14 UniDev

Beijing, China

UniDev is a Beijing-based IT services and solutions provider. UniDev is focused on providing customized digital transformation solutions to companies and banks in Mainland China. It leverages its extensive experience to develop applications including intelligent emergency response systems, safety production monitoring system, and intelligent finance solutions, among others. UniDev is based in Beijing, China.

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