M&A Deal Summary

Bertelsmann Acquires Eruditus Executive Education

On March 4, 2017, Bertelsmann acquired education company Eruditus Executive Education

Acquisition Highlights
  • This is Bertelsmann’s 1st transaction in the Education sector.
  • This is Bertelsmann’s 1st transaction in India.

M&A Deal Summary

Date 2017-03-04
Target Eruditus Executive Education
Sector Education
Buyer(s) Bertelsmann
Deal Type Add-on Acquisition

Target

Eruditus Executive Education

Mumbai, India
Eruditus Executive Education that develops executive education programs in partnership with prestigious universities such as Columbia, Harvard, INSEAD, MIT, Tuck and Wharton, and markets and administers them currently in India, Southeast Asia and the Middle East. The company also offers online learning programs in association with the Emeritus Institute of Management.

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Buyer(S) 1

Buyer

Bertelsmann

Gutersloh, Germany

Category Company
Founded 1835
Sector Media
Employees132,842
Revenue 17.1B EUR (2015)
DESCRIPTION

Bertelsmann is a German multinational mass media corporation. Bertelsmann was founded in 1835 and is based in Gutersloh, Germany.


DEAL STATS #
Overall 6 of 12
Sector: Education M&A 1 of 3
Type: Add-on Acquisition M&A Deals 4 of 6
Country: India M&A 1 of 2
Year: 2017 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-21 Relias Learning

Boca Raton, Florida, United States

Relias Learning LLC is a provider of verticalized e-learning solutions through SaaS-based software and related course content. The solutions enable organizations to remain in compliance with regulatory and accreditation requirements and offer continuing education solutions to current employees. Relias Learning was founded in 2012 and is based in Boca Raton, Florida.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-11 Penguin Random House

New York, New York, United States

Penguin Random House is comprised of around 250 individual publishers on five continents, which publish more than 15,000 new books each year. The group’s renowned authors include John Grisham, Dan Brown, Barack and Michelle Obama, as well as Paula Hawkins. Last year, 585 of the publishing group’s titles made it onto the “New York Times” bestseller lists. More than 70 authors signed with Penguin Random House publishers have won the Nobel Prize.

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