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  6. Busuu Acquires Verbling

M&A Deal Summary

Busuu Acquires Verbling

On January 23, 2020, Busuu acquired education company Verbling

Acquisition Highlights
  • This is Busuu’s 1st transaction in the Education sector.
  • This is Busuu’s 1st transaction in the United States.
  • This is Busuu’s 1st transaction in California.

M&A Deal Summary
Date 2020-01-23
Target Verbling
Sector Education
Buyer(s) Busuu
Deal Type Add-on Acquisition

Target

Verbling

San Francisco, California, United States
Verbling, Inc. is a live video tutoring company that pairs individuals with language teachers via video chat. Verbling, Inc. was established in 2011 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

Busuu

Madrid, Spain
Category Company
Founded 2008
Sector Internet Software and Services
Revenue 45M USD (2020)
DESCRIPTION

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.

DEAL STATS #
Overall 1 of 1
Sector: Education M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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