M&A Deal Summary

Course Hero Acquires CliffsNotes

On August 19, 2021, Course Hero acquired internet software and services company CliffsNotes

Acquisition Highlights
  • This is Course Hero’s 3rd transaction in the Internet Software and Services sector.
  • This is Course Hero’s 3rd transaction in the United States.
  • This is Course Hero’s 1st transaction in Nebraska.

M&A Deal Summary
Date 2021-08-19
Target CliffsNotes
Sector Internet Software and Services
Buyer(s) Course Hero
Deal Type Add-on Acquisition

Target

CliffsNotes

Lincoln, Nebraska, United States
CliffsNotes, are the original (and most widely imitated) study guides written by real teachers and professors. CliffsNotes offers literature study guides and test-preparation for high school and college students to help them understand and learn literature. CliffsNotes was founded in 1958 and is based in Nebraska.

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Buyer(S) 1

Buyer

Course Hero

Redwood City, California, United States
Category Company
Founded 2006
Sector Internet Software and Services
DESCRIPTION

Course Hero is an online learning platform with over 25 million course-specific study resources contributed by our community of students and educators and produced by our team of educational content specialists in collaboration with subject experts. The range of learning materials includes practice problems, study guides, textbook solutions, videos, class notes, and step-by-step explanations for every subject. More than 50,000 faculty across the U.S. and Canada use Course Hero to share their resources with the community, collaborate with other faculty, and hone new strategies for instruction. Course Hero was formed in 2006 and is based in Redwood City, California.

DEAL STATS #
Overall 4 of 5
Sector (Internet Software and Services) 3 of 3
Type (Add-on Acquisition) 4 of 5
State (Nebraska) 1 of 1
Country (United States) 3 of 3
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-19 CenExel AMRI

Toms River, New Jersey, United States

CenExel AMRI is an Alzheimer’s Disease clinical research site in the Northeast that offers a comprehensive suite of memory loss patient resources and exceptional study enrollment and retention rates. CenExel AMRI is based in Toms River, New Jersey.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-10 Scribbr

Amsterdam, Netherlands

Scribbr is a provider of multilingual proofreading, editing, and citation services for academic writing. Scribbr's team of 700+ international language experts support students on their journey to become better academic writers through a combination of personal coaching, innovative tools, and inspiration, helping them feel empowered and ready for the next step in their careers. Scribbr was founded in 2012 and headquartered in Amsterdam, Netherlands.

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Mergr

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