M&A Deal Summary

iCEV Acquires Applied Educational Systems

On October 12, 2022, iCEV acquired education company Applied Educational Systems

Acquisition Highlights
  • This is iCEV’s 1st transaction in the Education sector.
  • This is iCEV’s 2nd transaction in the United States.
  • This is iCEV’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2022-10-12
Target Applied Educational Systems
Sector Education
Buyer(s) iCEV
Deal Type Add-on Acquisition

Target

Applied Educational Systems

Lancaster, Pennsylvania, United States
Applied Educational Systems is a provider of digital career and technical education content for K-12 schools and career centers. Applied Educational Systems was founded in 1987 and is based in Lancaster, Pennsylvania.

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Buyer(S) 1

Buyer

iCEV

Lubbock, Texas, United States

Category Company
Founded 1984
Sector Internet Software and Services
DESCRIPTION

iCEV is a software as a service (SaaS)-based developer of digital curriculums and educational resources for the career and technical education market. iCEV was founded in 1984 and is based in Lubbock, Texas.


DEAL STATS #
Overall 2 of 3
Sector: Education M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 3
State: Pennsylvania M&A 1 of 1
Country: United States M&A 2 of 3
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-01 DroneCurriculum

Reno, Nevada, United States

DroneCurriculum develops courses teaching science, technology, engineering and mathematics (STEM) concepts such as design and engineering, physics and computer programming through the application of drones, as well as drone flight and commercial drone pilot certification preparation. DroneCurriculum was founded in 2016 and is based in Reno, Nevada.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-14 Eduthings

Kerrville, Texas, United States

Eduthings platform is designed to reduce the time spent collecting and analyzing data, providing educators and districts with powerful insights. Specializing in CTE data, Eduthings offers reports for four-year plans and CTE data and analysis, including insights for federal and state funding sources. Eduthings is based in Kerrville, Texas.

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