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  5. BYJU S Acquires SPAN Thoughtworks Pvt.

M&A Deal Summary

BYJU S Acquires SPAN Thoughtworks Pvt.

On January 17, 2017, BYJU S acquired education company SPAN Thoughtworks Pvt. for 7M USD

Acquisition Highlights
  • This is BYJU S’s 1st transaction in the Education sector.
  • This is BYJU S’s 7th largest (disclosed) transaction.
  • This is BYJU S’s 1st transaction in India.

M&A Deal Summary
Date 2017-01-17
Target SPAN Thoughtworks Pvt.
Sector Education
Buyer(s) BYJU S
Deal Type Add-on Acquisition
Deal Value 7M USD

Target

SPAN Thoughtworks Pvt.

Bengaluru, India
SPAN Thoughtworks Pvt. Ltd. (dba Vidyartha) is a career guidance and academic profile builder.

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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 1 of 11
Sector: Education M&A 1 of 7
Type: Add-on Acquisition M&A Deals 1 of 10
Country: India M&A 1 of 7
Year: 2017 M&A 1 of 2
Size (of disclosed) 7 of 7
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-03 TutorVista Global Pvt.

Bengaluru, India

TutorVista Global Pvt. Ltd. is an online tutoring company, that offers test preparation help, homework help, supplemental tutoring and expert assistance before tests. TutorVista Global Pvt. Ltd. was established in 2005 and is headquartered in Bengaluru, India.

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