M&A Deal Summary

Navneet Education Acquires Encyclopaedia Britannica - Indian Curriculum Business

On October 26, 2016, Navneet Education acquired digital media company Encyclopaedia Britannica - Indian Curriculum Business from Encyclopaedia Britannica

Acquisition Highlights
  • This is Navneet Education’s 1st transaction in the Digital Media sector.
  • This is Navneet Education’s 1st transaction in the United States.
  • This is Navneet Education’s 1st transaction in Illinois.

M&A Deal Summary
Date 2016-10-26
Target Encyclopaedia Britannica - Indian Curriculum Business
Sector Digital Media
Buyer(s) Navneet Education
Sellers(s) Encyclopaedia Britannica
Deal Type Divestiture

Target

Encyclopaedia Britannica - Indian Curriculum Business

Chicago, Illinois, United States
Encyclopaedia Britannica, Inc. - Indian Curriculum Business is a provider of digital media services.

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Buyer(S) 1

Buyer

Navneet Education

Mumbai, India
Category Company
Sector Publishing
DESCRIPTION

Navneet Education Ltd. is a premier publisher of educational, general interest and children's books and a manufacturer of scholastic paper stationery.

DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1

Seller(S) 1

SELLER

Encyclopaedia Britannica

Chicago, Illinois, United States
Category Company
Founded 1768
Sector Digital Media
DESCRIPTION

Encyclopaedia Britannica, Inc. is a provider of curriculum digital products for schools, language-study courses, online learning services, encyclopedias and other reference works and language products through its Merriam-Webster subsidiary.

DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-29 ProCon.org

Santa Monica, California, United States

ProCon.org provides information and research on all sides of the controversial issues of the day. The company uses professional researchers and upholds rigorous editorial standards to explore more than 80 controversial issues, from gun control, immigration, and the Electoral College to vaping, mandatory school uniforms, and animal dissection as part of school experiments. ProCon was formed in 2004 and is based in Santa Monica, California.

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