M&A Deal Summary

Sanoma Group Acquires Santillana Educacion S.L.

On October 19, 2020, Sanoma Group acquired education company Santillana Educacion S.L. from Promotora de Informaciones for 465M EUR

Acquisition Highlights
  • This is Sanoma Group’s 3rd transaction in the Education sector.
  • This is Sanoma Group’s 0th largest (disclosed) transaction.
  • This is Sanoma Group’s 2nd transaction in Spain.

M&A Deal Summary
Date 2020-10-19
Target Santillana Educacion S.L.
Sector Education
Buyer(s) Sanoma Group
Sellers(s) Promotora de Informaciones
Deal Type Divestiture
Deal Value 465M EUR

Target

Santillana Educacion S.L.

Tres Cantos, Spain
website
Santillana Educacion, S.L. is a global education operator present in all Latin American countries having a unique position and value proposition. It is currently exporting the subscription models successfully developed in Brazil to other markets and now reaches a total of 1.7 million students in the region, with a growth of 25% in the last annual period. Santillana Educacion was formed in 1960 and is based in Tres Cantos, Spain.

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Buyer(S) 1

Buyer

Sanoma Group

Helsinki, Finland

website

Category Company
Sector Distribution
DESCRIPTION

Sanoma is a media and learning companies in Europe. We entertain, inform, educate and inspire millions of people every day — across media in multiple channels. We employ some 10,000 professional employees operating in Europe. Our key markets are Finland, The Netherlands, Belgium and Central & Eastern Europe.

DEAL STATS #
Overall 6 of 6
Sector (Education) 3 of 3
Type (Divestiture) 1 of 1
Country (Spain) 2 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-17 Clickedu

Barcelona, Spain

Clickedu is a cloud school platform that includes academic, administrative and economic management , a virtual learning environment with connection to digital books and free content, faculty management, tutors and heads of studies, the quality of the center and a communication environment with families , among others. Clickedu was established in 2000 and is based in Barcelona, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-18 Netwheels

Vantaa, Finland

Netwheels provides software as a service (SaaS) to the automotive industry. The company's services enable car retailers to digitalise their trade-in cars exchange, making distribution to sales channels easier and inventory management more efficient. Netwheels was founded in 2000 and is based in Vantaa, Finland.

Sell -

Seller(S) 1

SELLER

Promotora de Informaciones

Madrid, Spain

website

Category Company
Founded 1972
Sector Media
Employees6,785
Revenue 831M USD (2022)
DESCRIPTION

Promotora de Informaciones together with its subsidiaries engages in the exploitation of printed and audiovisual media in Spain and internationally. The company's Education segment publishes and sells educational books; and provides services and materials related to the education systems. Its Radio segment is involved in the broadcasting of advertisements; organization and management of events; and the provision of other supplementary services. The company's Press segment sells newspapers and magazines, as well as offers advertising, promotions, and printing services. Promotora de Informaciones was founded in 1972 and is based in Madrid, Spain.

DEAL STATS #
Overall 1 of 1
Sector (Education) 1 of 1
Type (Divestiture) 1 of 1
Country (Spain) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-04 Liberty Acquisitions Servicing

New York, New York, United States

Liberty Acquisitions Servicing specializes in purchasing charged-off consumer receivables and generating collections through legal strategies. The Company is focused on purchasing portfolios in the Rocky Mountain region. Portfolios are generally comprised of low-balance credit card debt and overdrawn bank accounts. Liberty is unique among debt buying companies in that collections result exclusively from legal strategies and utilization of a highly automated, technology-enabled, and disciplined process. Liberty Acquisitions Servicing is based in New York City.

Buy -
Mergr

Product

Company

Legal