M&A Deal Summary

Pearson Acquires Harcourt Assessment and Harcourt Education International

On May 4, 2007, Pearson acquired education company Harcourt Assessment and Harcourt Education International from RELX Group for 950M USD

Acquisition Highlights
  • This is Pearson’s 3rd transaction in the Education sector.
  • This is Pearson’s 2nd largest (disclosed) transaction.
  • This is Pearson’s 6th transaction in the United States.

M&A Deal Summary

Date 2007-05-04
Target Harcourt Assessment and Harcourt Education International
Sector Education
Buyer(s) Pearson
Sellers(s) RELX Group
Deal Type Divestiture
Deal Value 950M USD

Target

Harcourt Assessment and Harcourt Education International

United States
Harcourt Assessment has an extensive catalogue of high quality research-based education and clinical assessment products for children and adults. Harcourt also publishes textbooks and online learning materials for teachers and students in primary and secondary schools and the vocational market.

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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 9 of 29
Sector (Education) 3 of 13
Type (Divestiture) 2 of 4
Country (United States) 6 of 17
Year (2007) 1 of 1
Size (of disclosed) 2 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-15 Vangent

Arlington, Virginia, United States

Vangent, Inc. is a premier provider of Consulting, Systems Integration, Human Capital Management and Business Process Outsourcing services to the U.S. federal and international governments, higher education institutions, student financial aid entities and corporations.

Sell $600M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-19 Melorio

London, United Kingdom

Melorio is a UK vocational training company.

Buy £99M

Seller(S) 1

SELLER

RELX Group

London, United Kingdom

Category Company
Founded 1903
Sector Information Technology
Employees36,000
Revenue 9.2B GBP (2023)
DESCRIPTION

RELX Group is a global provider of information and analytics for professional and business customers across industries. The group serves customers in more than 180 countries and has offices in about 40 countries. Company leverage a deep understanding of our customers to create innovative solutions which combine content and data with analytics and technology in global platforms. It employs approximately 30,000 people of whom almost half are in North America. RELX was founded in 1903 and is based in London, United Kingdom.


DEAL STATS #
Overall 5 of 9
Sector (Education) 1 of 1
Type (Divestiture) 5 of 9
Country (United States) 4 of 4
Year (2007) 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-11-21 Endeavor Information Systems

Des Plaines, Illinois, United States

Endeavor Information Systems Inc. has pioneered the development of advanced library management software systems. In use at more than 1600 institutions worldwide, Endeavor’s full suite of products offer superior functionality coupled with intuitive interfaces that increase usability and efficiency.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-01 ChoicePoint

Alpharetta, Georgia, United States

ChoicePoint is a provider of information services for the insurance industry.

Buy $4.1B