M&A Deal Summary

Pearson Acquires Faethm

On September 7, 2021, Pearson acquired information technology company Faethm

Acquisition Highlights
  • This is Pearson’s 2nd transaction in the Information Technology sector.
  • This is Pearson’s 2nd transaction in Australia.

M&A Deal Summary
Date 2021-09-07
Target Faethm
Sector Information Technology
Buyer(s) Pearson
Deal Type Add-on Acquisition

Target

Faethm

Sydney, Australia
website
Faethm is a workforce AI and predictive analytics company. Faethm’s sophisticated AI and analytics services help governments, companies, and workers understand the dynamic forces shaping the labor market-from technological disruption to economic shocks such as COVID and climate change. Faethm is based in Sydney, Australia.

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Buyer(S) 1

Buyer

Pearson

London, United Kingdom

website

Category Company
Founded 1844
Sector Publishing
Employees20,000
Revenue 3.8B GBP (2022)
DESCRIPTION
Pearson office in Bloomington, Minnesota.
Pearson office in Bloomington, Minnesota.

Pearson is a multinational publishing and education company. Pearson combines educational content and assessment, powered by services and technology, to enable more effective teaching and personalized learning at scale. Pearson was founded in 1844 and is based in London, the United Kingdom.

DEAL STATS #
Overall 26 of 29
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 22 of 24
Country (Australia) 2 of 2
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-26 Spotlight Education

Davis, California, United States

Spotlight Education is a provider of proprietary technology to turn education data into personalized video reports available in over 30 languages. The reports provide clear, useful information and infographics that help families from all backgrounds and education levels understand data about student performance and progress. Spotlight Education was founded in 2012 and is based in Davis, California.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-31 Credly

New York, New York, United States

Credly offers an easy-to-use platform for organizations, companies, and educational institutions to award employees and workers trusted digital credentials that verify their skills and help connect them with the right opportunities. Credly was founded in 2012 and is headquartered in New York City.

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