M&A Deal Summary

BYJU S Acquires Toppr

On July 26, 2021, BYJU S acquired internet software and services company Toppr from Eight Roads for 150M USD

Acquisition Highlights
  • This is BYJU S’s 3rd transaction in the Internet Software and Services sector.
  • This is BYJU S’s 5th largest (disclosed) transaction.
  • This is BYJU S’s 7th transaction in India.

M&A Deal Summary

Date 2021-07-26
Target Toppr
Sector Internet Software and Services
Buyer(s) BYJU S
Sellers(s) Eight Roads
Deal Type Add-on Acquisition
Deal Value 150M USD

Target

Toppr

Mumbai, India
Toppr is an online test preparation platform. Toppr is based in Mumbai, Maharashtra.

Search 215,058 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

BYJU S

Bengaluru, India

Category Company
Founded 2008
Sector Education
DESCRIPTION

BYJU'S is an educational software company developing online learning solutions for K3, K10, K12, NEET, JEE, UPSC & Bank Exams. BYJU'S was established in 2008 and is headquartered in Bengaluru, Karnataka.


DEAL STATS #
Overall 9 of 11
Sector: Internet Software and Services M&A 3 of 4
Type: Add-on Acquisition M&A Deals 8 of 10
Country: India M&A 7 of 7
Year: 2021 M&A 4 of 6
Size (of disclosed) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-26 Great Learning

Gurgaon, India

Great Learning is an ed-tech company for professional and higher education. The company offers career-relevant programs from world-class universities in the most in-demand domains. Great Learning was formed in 2013 and is based in Gurgaon, India.

Buy $600M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-16 Tynker

Mountain View, California, United States

Tynker is a computing platform helps children develop computational thinking and programming skills in a fun, intuitive and imaginative way. Tynker is based in Mountain View, California.

Buy -

Seller(S) 1

SELLER

Eight Roads

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1969
PE ASSETS 11.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Eight Roads is a private investment firm focused on a variety of investment opportunities across the US, Europe, and Asia. The Firm is divided into several investment strategies including venture, principal investing, and real estate. Within the principal investments group, Eight Roads backs established growth businesses with long-term capital. Eight Roads does not have any sector preferences, but has experience in fintech, business services, and healthcare. Eight Roads is based in London.


DEAL STATS #
Overall 82 of 124
Sector: Internet Software and Services M&A 17 of 26
Type: Add-on Acquisition M&A Deals 34 of 59
Country: India M&A 5 of 12
Year: 2021 M&A 14 of 26
Size (of disclosed) 16 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-22 Caribou Biosciences

Berkeley, California, United States

Caribou Biosciences is an operator of a medical technology company intended to analyze cell and genome engineering. The company specializes in cellular engineering and analysis based on the CRISPR-Cas9 technology platform which paired with a guide RNA, cuts double-stranded DNA and allows for specific changes to DNA, enabling development of therapeutics for agricultural biotechnology, industrial biotechnology and basic and applied biological research. Caribou Biosciences was founded in 2011 and is based in Berkeley, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-27 Cytek

Fremont, California, United States

Cytek is a cell analysis solutions company advancing the next generation of cell analysis tools by delivering high-resolution, high-content, and high-sensitivity cell analysis utilizing its patented Full Spectrum Profiling technology. Cytek’s novel approach harnesses the power of information within the entire spectrum of a fluorescent signal to achieve a higher level of multiplexing with exquisite sensitivity. Cytek’s FSP platform includes its core instruments, the Aurora and Northern Lights systems, reagents, cell sorter, software, and services to provide a comprehensive and integrated suite of solutions for its customers. Cytek was founded in 1992 and is based in Fremont, California.

Sell -