M&A Deal Summary |
|
|---|---|
| Date | 2019-04-17 |
| Target | GlobalEnglish |
| Sector | Internet Software and Services |
| Buyer(s) | Learnship |
| Sellers(s) | Pearson |
| Deal Type | Divestiture |
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Learnship is a provider of online, face-to-face language training. Learnship is based in Cologne, Germany with offices in Berlin, Munich, Stuttgart, Paris (France), Basel (Switzerland) and Chicago (USA).
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2019 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1844 |
| Sector | Publishing |
| Employees | 17,116 |
| Revenue | 3.6B GBP (2024) |
Pearson is a multinational publishing and education company. Pearson combines educational content and assessment, powered by services and technology, to enable more effective teaching and personalized learning at scale. Pearson was founded in 1844 and is based in London, England.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 16 |
| Sector: Internet Software and Services M&A | 2 of 3 |
| Type: Divestiture M&A Deals | 10 of 15 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 7 of 7 |
| Year: 2019 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-18 |
Savvas Learning
Paramus, New Jersey, United States Savvas Learning is a market leader in the U.S. K-12 curriculum market, offering a full suite of products across the core literacy, math, science and humanities disciplines. Its portfolio of comprehensive curriculum programs allows the business to compete across the entire U.S. through its large salesforce that covers 15,000 school districts with over 40 million students. Savvas Learning is based in Paramus New Jersey. |
Sell | $250M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-04 |
Lumerit Education
San Antonio, Texas, United States Lumerit Education is an ed-tech company that helps address the issues of college degree completion and affordability in the consumer and corporate markets. The company uses data and analytics to match learner profiles to academic programs to enable more people to prosper in their lives through learning. Lumerit was formed in 2004 and is based in San Antonio, Texas. |
Buy | $29M |
