M&A Deal Summary

Pearson Acquires Mondly

On April 29, 2022, Pearson acquired education company Mondly

Acquisition Highlights
  • This is Pearson’s 13th transaction in the Education sector.
  • This is Pearson’s 1st transaction in Romania.

M&A Deal Summary

Date 2022-04-29
Target Mondly
Sector Education
Buyer(s) Pearson
Deal Type Add-on Acquisition

Target

Mondly

Brasov, Romania
Mondly is a global online language learning platform offering consumers high-quality learning in English and 40 other languages via its app, website, virtual reality, and augmented reality products. The company delivers language courses for both professional and personal learning in a combination of more than 1300 language pairs and is consistently ranked as one of the highest-rated educational language apps in the app store. It also offers enterprise solutions through MondlyWORKS and has built an award-winning app that helps children learn languages – MondlyKIDS. Mondly was formed in 2013 and is based in Brasov, Romania.

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Buyer(S) 1

Buyer

Pearson

London, United Kingdom

Category Company
Founded 1844
Sector Publishing
Employees17,612
Revenue 3.7B GBP (2023)
DESCRIPTION
Pearson office in Bloomington, Minnesota.
Pearson office in Bloomington, Minnesota.

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, United Kingdom.


DEAL STATS #
Overall 28 of 29
Sector (Education) 13 of 13
Type (Add-on Acquisition) 24 of 24
Country (Romania) 1 of 1
Year (2022) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-03 Mentes

Brazil

Mentes is a K-12 supplemental solution focused on 21st-century skills (social-emotional learning, financial literacy, and technology).

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-13 ERPI

Montreal, Quebec, Canada

ERPI is a French-language publisher and the largest publisher of English as a second language textbook in Canada. Over the past few years, the company has profoundly transformed its business and embarked on a shift towards digital educational content. ERPI was formed in 1989 and is based in Montreal, Quebec.

Sell -