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Chegg Mergers & Acquisitions

Chegg M&A Summary

Chegg has acquired 16 companies, including 2 in the last 5 years.

Chegg’s largest acquisition to date was in 2021, when it acquired Busuu Online SL for $436M. Chegg has acquired in 5 different US states, and 3 countries. The Company’s most targeted sectors include internet software and services (82%) and education (13%).

M&A Summary

  • M&A Total Activity16
    • M&A Buy Activity16
  • Total Sectors Invested 3
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 2

Chegg

Chegg, Inc.

3990 Freedom Circle,
Santa Clara, California 95054
United States,
(408) 855-5700
www.chegg.com

All (16) Buy (16) Sell (-)
Date Target Value
$mlns 		Transaction Type Acquirer Seller SRC
Link
2021-11-29 Busuu · Internet Software and Services
Madrid, Spain · www.busuu.com

Busuu is an online social network for language learning with millions of users. Busuu is used by individuals across a broad age range, both in and out of formal education, and also provides corporate language training to hundreds of organizations. Its innovative approach combines self-paced courses developed by an in-house team of language experts with instant feedback from a global community of native speakers.

Revenue (mlns) 45 USD
436
9.7x REVENUE 		Add-on Acquisition

Chegg

McGraw Hill Education


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