M&A Deal Summary

Pearson Acquires FTMarketWatch.com

On October 17, 2001, Pearson acquired internet software and services company FTMarketWatch.com

Acquisition Highlights
  • This is Pearson’s 3rd transaction in the Internet Software and Services sector.
  • This is Pearson’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2001-10-17
Target FTMarketWatch.com
Sector Internet Software and Services
Buyer(s) Pearson
Deal Type Add-on Acquisition

Target

FTMarketWatch.com

United Kingdom
FTMarketWatch.com, is a source of online markets news and analysis for Europe’s private investors, has built a loyal user base of more than 500,000 unique monthly users and approximately nine million monthly page views.

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Buyer(S) 1

Buyer

Pearson

London, United Kingdom

Category Company
Founded 1844
Sector Publishing
Employees17,116
Revenue 3.6B GBP (2024)
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, England.


DEAL STATS #
Overall 5 of 30
Sector: Internet Software and Services M&A 3 of 7
Type: Add-on Acquisition M&A Deals 4 of 25
Country: United Kingdom M&A 2 of 5
Year: 2001 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-07-31 National Computer Systems

Bloomington, Minnesota, United States

NCS is making use of electronic and Internet-based technologies to extend its market penetration and offer innovative products and services to its customers in the education field. For example, NCS's ParentCONNECTxp software product connects parents and teachers, enabling parents to become more involved in their child's academic and classroom performance.

Buy £1.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-23 Promissor

Evanston,, Illinois, United States

Promissor, is a provider of licensing examinations for state and federal regulatory bodies in the US. It has a wide range of contracts to assess and certify professionals in the real estate, insurance, mortgage broking, contracting, employment and healthcare industries.

Buy $42M