M&A Deal Summary

Flywire Payments Acquires Cohort Go

On July 13, 2022, Flywire Payments acquired education company Cohort Go

Acquisition Highlights
  • This is Flywire Payments’ 1st transaction in the Education sector.
  • This is Flywire Payments’ 1st transaction in Australia.

M&A Deal Summary

Date 2022-07-13
Target Cohort Go
Sector Education
Buyer(s) Flywire Payments
Deal Type Add-on Acquisition

Target

Cohort Go

Brisbane, Australia
Cohort Go is an international education payments provider that focuses on providing international students with the ability to make cross-border tuition payments through international agents. Cohort Go was founded in 2012 and is based in Brisbane, Australia.

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Buyer(S) 1

Buyer

Flywire Payments

Boston, Massachusetts, United States

Category Company
Founded 2009
Sector Information Technology
Employees1,250
Revenue 492M USD (2024)
DESCRIPTION

Flywire Payments is a provider of global payment and receivables solutions, connecting over 1,400 businesses and institutions with their customers on six continents. The company processes billions in payments per year from 220 countries and territories, via bank transfer, credit card and e-wallet solutions, in over 120 different local currencies. Flywire’s scalable platform provides currency conversion at exchange rates that can offer significant savings when compared to home-market banks and credit card providers. The company also supports its clients with end-to-end customer support including multilingual servicing via phone, email, and chat, as well as 24/7 online payment tracking. Flywire Payments was founded in 2009 and is headquartered in Boston, Massachusetts with operations in London and Manchester, UK; Shanghai, China; Tokyo, Japan; Singapore; Sydney, Australia; and Valencia, Spain.


DEAL STATS #
Overall 6 of 9
Sector: Education M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 9
Country: Australia M&A 1 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-15 WPM

Burgess Hill, United Kingdom

WPM is a software provider that enables seamless and secure payment experiences for universities and colleges across the United Kingdom. The company delivers an innovative platform to institutions and an improved payment experience to their millions of payers. It also provides value-added services to the higher education industry, including strategic consulting, industry research, and events, each of which underpin its offerings. WPM is based in Burgess Hill, United Kingdom.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-07 StudyLink

Sydney, Australia

StudyLink provides a cloud-based interface for universities and education agents to structure, streamline, and integrate international applications and enrollments into their admissions process. The company incorporates payments within key workflow processes to accelerate its clients' and agents' application and acceptance process. StudyLink is based in Sydney, Australia.

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