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M&A Deal Summary

GoGuardian Acquires TutorMe

On June 27, 2022, GoGuardian acquired internet software and services company TutorMe from Zovio

Acquisition Highlights
  • This is GoGuardian’s 2nd transaction in the Internet Software and Services sector.
  • This is GoGuardian’s 2nd transaction in the United States.
  • This is GoGuardian’s 2nd transaction in California.

M&A Deal Summary
Date 2022-06-27
Target TutorMe
Sector Internet Software and Services
Buyer(s) GoGuardian
Sellers(s) Zovio
Deal Type Divestiture

Target

TutorMe

Los Angeles, California, United States
TutorMe is an online tutoring company offering a complete strategic partnership, qualified to provide premium online tutoring to academic institutions of all types and successfully improve student retention. TutorMe was founded in 2015 and is based in Los Angeles, California.

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Buyer(S) 1

Buyer

GoGuardian

El Segundo, California, United States
Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

GoGuardian is a management software provider for schools. GoGuardian has changed the way K-12 schools maximize the learning potential of every student. Its SaaS products help educators identify learning patterns, protect students from harmful and distracting content, and support students who are at risk of self-harm. GoGuardian was founded in 2014 and is based in El Segundo, California.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-28 Edulastic

Fremont, California, United States

Edulastic is a next-generation online assessment platform that allows K-12 teachers to track students’ progress toward college and career readiness standards. Edulastic is based in Fremont, California.

Buy -

Seller(S) 1

SELLER

Zovio

Chandler, Arizona, United States
Category Company
Founded 1999
Sector Education
Revenue 397M USD (2020)
DESCRIPTION

Zovio is a of postsecondary education services and delivers programs primarily online, as well as at traditional campuses. Zovio was formed in 1999 and is based in Chandler, Arizona.

DEAL STATS #
Overall 2 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 2 of 3
State: California M&A 2 of 2
Country: United States M&A 2 of 3
Year: 2022 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-16 Ashford University

Alameda, California, United States

Ashford University is an accredited & affordable online university with degree programs made with flexible schedules for busy adults.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-28 Fullstack Academy

New York, New York, United States

Fullstack Academy is a premium bootcamp provider that has expanded its offerings, introducing new bootcamp programs in Web Development, Cybersecurity, Product Management, DevOps, Data Analytics, and other disciplines. Fullstack Academy was founded in 2012 and is based in New York.

Sell -
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