M&A Deal Summary

Lixiang Education Acquires Youxi Software

On February 4, 2021, Lixiang Education acquired software company Youxi Software for 300K CNY

Acquisition Highlights
  • This is Lixiang Education’s 1st transaction in the Software sector.
  • This is Lixiang Education’s 0th largest (disclosed) transaction.
  • This is Lixiang Education’s 1st transaction in China.

M&A Deal Summary
Date 2021-02-04
Target Youxi Software
Sector Software
Buyer(s) Lixiang Education
Deal Type Add-on Acquisition
Deal Value 300K CNY

Target

Youxi Software

China
Youxi Software is an operator of an online company that developed five software with Computer Software Copyright, including among others live streaming supervision system, an Android live streaming system, an Apple live streaming system, etc. Youxi Software was founded in 2018 and is based in China.

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Buyer(S) 1

Buyer

Lixiang Education

Lishui, China
Category Company
Founded 2001
Sector Education
Employees197
Revenue 51M USD (2023)
DESCRIPTION

Lixiang Education is an operator of primary and secondary education institutions in Zhejiang Province. Lixiang's education philosophy is to guide the healthy development of students and to establish a solid foundation for their lifelong advancement and happiness. Lixiang Education was founded in 2001 and is based in Lishui, China.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (China) 1 of 1
Year (2021) 1 of 1
Mergr

Product

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