M&A Deal Summary

McGraw Hill Education Acquires Engrade

On February 3, 2014, McGraw Hill Education acquired internet software and services company Engrade for 50M USD

Acquisition Highlights
  • This is McGraw Hill Education’s 1st transaction in the Internet Software and Services sector.
  • This is McGraw Hill Education’s largest (disclosed) transaction.
  • This is McGraw Hill Education’s 7th transaction in the United States.
  • This is McGraw Hill Education’s 3rd transaction in California.

M&A Deal Summary
Date 2014-02-03
Target Engrade
Sector Internet Software and Services
Buyer(s) McGraw Hill Education
Deal Type Add-on Acquisition
Deal Value 50M USD

Target

Engrade

Santa Monica, California, United States
Engrade unifies the data, curriculum, and tools teachers, schools leaders, and administrators use every day by integrating all of a district's software and systems, including third-party applications and open education resources, into one fully secure and easy-to-use, cloud-based platform.

Search 200,388 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

McGraw Hill Education

New York, New York, United States
Category Company
Founded 1888
Sector Education
Employees5,300
DESCRIPTION

McGraw Hill Education is a provider of high-quality educational material and learning solutions for students, instructors, and institutions around the world. McGraw Hill Education was founded in 1888 and is based in New York City.

DEAL STATS #
Overall 8 of 16
Sector (Internet Software and Services) 1 of 4
Type (Add-on Acquisition) 8 of 15
State (California) 3 of 5
Country (United States) 7 of 13
Year (2014) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-17 Tata McGraw-Hill Education Pvt.

Noida, India

Tata McGraw-Hill Education Pvt. Ltd. is a provider of learning solutions to India's burgeoning economy in higher education, professional and test prep markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-06 Area9 Aps

Copenhagen, Denmark

Area9 Aps is an adaptive learning company.

Buy -
Mergr

Product

Company

Legal