M&A Deal Summary

IXL Learning Acquires 3P Learning Australia Pty.

On August 13, 2020, IXL Learning acquired internet software and services company 3P Learning Australia Pty.

Acquisition Highlights
  • This is IXL Learning’s 2nd transaction in the Internet Software and Services sector.
  • This is IXL Learning’s 1st transaction in Australia.

M&A Deal Summary

Date 2020-08-13
Target 3P Learning Australia Pty.
Sector Internet Software and Services
Buyer(s) IXL Learning
Deal Type Add-on Acquisition

Target

3P Learning Australia Pty.

Sydney, Australia
3P Learning Australia Pty. Ltd. is an online education provider and other outstanding products across math and literacy, including Readiwriter Spelling and Reading Eggs. 3P Learning was founded in 2003 and is based in Sydney, Australia.

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Buyer(S) 1

Buyer

IXL Learning

San Mateo, California, United States

Category Company
Founded 1998
Sector Media
DESCRIPTION

IXL Learning, Inc. is a K-12 personalized learning platform company focused on delivering learning experience used by more than 7 million students worldwide. IXL Learning was formed in 1998 and is based in San Mateo, California.


DEAL STATS #
Overall 4 of 12
Sector: Internet Software and Services M&A 2 of 6
Type: Add-on Acquisition M&A Deals 4 of 11
Country: Australia M&A 1 of 1
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-10 Vocabulary.com

New York, New York, United States

Vocabulary.com is an educational destination for improving literacy through vocabulary building. Vocabulary.com provides students with a dynamic and personalized environment to grow their vocabulary. Vocabulary.com was established in 2010 and is based in New York City.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-04 Wyzant

Chicago, Illinois, United States

Wyzant, Inc. offers an expansive digital network of more than 65,000 tutors from a broad spectrum of academic and professional fields. Wyzant seamlessly connects students to the perfect tutor for online or in-person lessons geared toward their unique needs. Wyzant tutors serve learners of all ages and backgrounds, offering in-depth guidance on topics including English, language arts, physics, calculus, coding, LSAT test prep, music, and more. Wyzant was founded in 2005 and is based in Chicago, Illinois.

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