M&A Deal Summary |
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Date | 2015-05-29 |
Target | Scholastic - Educational Technology and Services Business |
Sector | Information Technology |
Buyer(s) | HMH |
Sellers(s) | Scholastic |
Deal Type | Divestiture |
Deal Value | 575M USD |
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HMH is a learning technology company committed to delivering connected solutions that engage learners, empower educators and improve student outcomes. As a leading provider of K–12 core curriculum, supplemental and intervention solutions, and professional learning services, HMH partners with educators and school districts to uncover solutions that unlock students' potential and extend teachers' capabilities. HMH serves more than 50 million students and four million educators in 150 countries. HMH was founded in 1832 and is based in Boston, Massachusetts.
DEAL STATS | # |
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Overall | 4 of 8 |
Sector (Information Technology) | 1 of 1 |
Type (Divestiture) | 1 of 2 |
State (New York) | 1 of 1 |
Country (United States) | 4 of 8 |
Year (2015) | 1 of 2 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2014-07-01 |
SchoolChapters
West Hartford, Connecticut, United States SchoolChapters, Inc. is a provider of student-owned cloud-based file sharing and storage system. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2015-08-11 |
MeeGenius - eBook and Technology Assets
United States MeeGenius - eBook and Technology Assets is provider of digital content for parents and young learners and supports its ongoing strategic focus on the direct-to-consumer market. |
Buy | - |
Category | Company |
---|---|
Founded | 1920 |
Sector | Publishing |
Employees | 4,770 |
Revenue | 1.6B USD (2024) |
Scholastic is a publisher and distributor of children's books and a leader in educational technology and related services and children's media. Scholastic creates quality books and ebooks, print and technology-based learning materials and programs, magazines, multi-media and other products that help children learn both at school and at home. Scholastic was founded in 1920 and is based in New York City.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Information Technology) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (New York) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2015) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-02-06 |
Weekly Reader Publishing
United States Weekly Reader Publishing is a publisher of educational materials that has been in existence for over 100 years. It provides teaching materials to elementary and secondary schools that was used by more than 90 percent of that country's school districts. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-12-20 |
Mrs. Nelson s Book Fairs
Pomona, California, United States Mrs. Nelson's Book Fairs, Inc. is a provider of personalized book fairs, book ordering and bindery services to provide fundraising opportunities, extend the life of books, and promote the love of reading and learning. Mrs. Nelson's Book Fairs is based in Pomona, California. |
Buy | - |