M&A Deal Summary

Cengage Acquires Aplia

On February 20, 2007, Cengage acquired education company Aplia

Acquisition Highlights
  • This is Cengage’s 1st transaction in the Education sector.
  • This is Cengage’s 2nd transaction in the United States.
  • This is Cengage’s 1st transaction in California.

M&A Deal Summary

Date 2007-02-20
Target Aplia
Sector Education
Buyer(s) Cengage
Deal Type Add-on Acquisition

Target

Aplia

San Carlos, California, United States
Aplia, Inc. is an educational company dedicated to improving learning outcomes by increasing student effort and engagement. Founded in 2000 by renowned economist Paul Romer, Aplia, Inc. is built upon the premise that “Student effort is a key determinant in student success.” Aplia is a collection of Web-based tools that enables professors to incorporate two key teaching elements: assigning frequent online homework that is automatically tracked and graded; and easily incorporating active-learning such as experiments and current events into the classroom.

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Buyer(S) 1

Buyer

Cengage

Boston, Massachusetts, United States

Category Company
Founded 1994
Sector Education
Revenue 2.0B USD (2012)
DESCRIPTION

Cengage is an education and technology company that offers valuable options at affordable price points, including industry-leading initiative Cengage Unlimited, the first-of-its-kind all-access digital subscription service for higher education. The company embraces innovation to create learning experiences that build confidence and momentum toward the future students want. It also serves K-12, library, and workforce training markets around the world. Cengage was formed in 2014 and is Headquartered in Boston, Massachusetts.


DEAL STATS #
Overall 2 of 12
Sector (Education) 1 of 2
Type (Add-on Acquisition) 2 of 10
State (California) 1 of 4
Country (United States) 2 of 11
Year (2007) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1992-11-24 Thomson Course Technology

Cambridge, Massachusetts, United States

Thomson Course Technology publishes texts and electronic learning solutions to help educators teach, students learn, and individuals understand emergent and current technologies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-10 TrueOutcomes

United States

TrueOutcomes LLC is a Web-based provider of universal assessment tools. TrueOutcomes provides easy-to-use tools that link administrators, faculty, students, alumni and external stakeholders through flexible assessment instruments. TrueOutcomes’ many tools are designed for institution-wide measurement of student learning outcomes across differing disciplines.

Buy -