Add-on Acquisition • Internet Software and Services

Chegg Acquires Imagine Easy Solutions

On May 2, 2016, Chegg acquired internet software and services company Imagine Easy Solutions for 42M USD

Acquisition Context
  • This is Chegg’s 9th transaction in the Internet Software and Services sector.
  • This is Chegg’s 4th largest (disclosed) transaction.
  • This is Chegg’s 10th transaction in the United States.
  • This is Chegg’s 1st transaction in New York.

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M&A Deal Summary

Date May 2, 2016
Target Imagine Easy Solutions
Sector Internet Software and Services
Buyer(s) Chegg
Deal Type Add-on Acquisition
Deal Value 42M USD
Advisor(s) Vista Point Advisors (Financial)

Target Company

Imagine Easy Solutions

New York, New York, United States
Imagine Easy Solutions LLC is a provider of cloud based popular service EasyBib.com and other essential writing tools with capabilities such as citations, bibliography, writing structure and anti-plagiarism.
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Buyer Overview 1

Buyer

Chegg

Santa Clara, California, United States

Category Company
Founded 2005
Sector Consumer Services
Employees1,241
Revenue 618M USD (2024)
DESCRIPTION

Chegg offers products and services that help students throughout the learning lifecycle, from choosing a college through graduation and beyond. To deliver these services, the Company partners with several third parties. Chegg was founded in 2005 and is based in Santa Clara, California.


Deal Context for Buyer #
Overall 10 of 16
Sector: Internet Software and Services 9 of 13
Type: Add-on Acquisition 9 of 15
State: New York 1 of 2
Country: United States 10 of 14
Year: 2016 1 of 1
Size (of disclosed) 4 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-02 Internships.com

United States

Internships.com is a student-focused internship marketplace.

Buy $11M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-18 Cogeon

Berlin, Germany

Cogeon GmbH develops a scalable core technology for automated, individualized and adaptive mathematical learning applications. Cogeon’s platform is a proven math learning system which optimizes individual math learning pathways for learning and solving math problems and exercises. Cogeon’s primary application–Math 42–is a trusted math learning app offering hierarchical step-by-step exercises, concept walk-throughs, and personalized assessment, built upon an artificially intelligent learning engine. Built by a family of expert chess players and exceptional mathematicians with deep technical expertise, Cogeon’s math technology is rooted in a unique combination of mathematical, technological and didactical frameworks.

Buy -