M&A Deal Summary

Daekyo Co. Acquires Knowre

On August 10, 2018, Daekyo Co. acquired internet software and services company Knowre

Acquisition Highlights
  • This is Daekyo Co.’s 1st transaction in the Internet Software and Services sector.
  • This is Daekyo Co.’s 1st transaction in the United States.
  • This is Daekyo Co.’s 1st transaction in New York.

M&A Deal Summary

Date 2018-08-10
Target Knowre
Sector Internet Software and Services
Buyer(s) Daekyo Co.
Deal Type Add-on Acquisition

Target

Knowre

New York, New York, United States
Knowre is a provider of a deep-learning based AI math education technology platform that focuses on using technology to identify learning gaps and algorithmically deliver personalized curricula to students. Knowre is based in New York.

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Buyer(S) 1

Buyer

Daekyo Co.

Seoul, South Korea

Category Company
Founded 1975
Sector Education
DESCRIPTION

Daekyo Co., Ltd. is a supplemental education and enrichment programs based on the philosophy of meeting the "Eye-Level" of each individual student. Daekyo was founded in 1975 and is based in Seoul, South Korea.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1