M&A Deal Summary

Pearson Acquires TutorVista Global Pvt.

On January 18, 2011, Pearson acquired education company TutorVista Global Pvt. from WestBridge Capital Partners for 127M USD

Acquisition Highlights
  • This is Pearson’s 6th transaction in the Education sector.
  • This is Pearson’s 10th largest (disclosed) transaction.
  • This is Pearson’s 1st transaction in India.
Investment Fate
  • TutorVista Global Pvt. was divested to a consortium of strategic buyers in 2017.

M&A Deal Summary

Date 2011-01-18
Target TutorVista Global Pvt.
Sector Education
Buyer(s) Pearson
Sellers(s) WestBridge Capital Partners
Deal Type Add-on Acquisition
Deal Value 127M USD

Target

TutorVista Global Pvt.

Bengaluru, India
TutorVista Global Pvt. Ltd. is an online tutoring company, that offers test preparation help, homework help, supplemental tutoring and expert assistance before tests. TutorVista Global Pvt. Ltd. was established in 2005 and is headquartered in Bengaluru, India.

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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 12 of 29
Sector (Education) 6 of 13
Type (Add-on Acquisition) 9 of 24
Country (India) 1 of 1
Year (2011) 1 of 5
Size (of disclosed) 10 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-28 WSI International

Baltimore, Maryland, United States

WSI International (Formerly Wall Street Institute, Inc.) is a global operator and franchisor of English language instruction services.

Buy $92M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-15 Smarthinking

Washington, District of Columbia, United States

Smarthinking has grown to become the provider of research based, research proven online tutoring to help institutions of higher education increase student achievement, boost retention, and enhance learning.

Buy -

Seller(S) 1

SELLER

WestBridge Capital Partners

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2011
PE ASSETS 3.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

WestBridge Capital Partners, LLC is a private investment firm focused on growth-oriented opportunities across India. WestBridge looks to partner alongside promising mid-sized companies and typically seeks to commit $10 to $80 million of minority capital per transaction. WestBridge Capital Partners is based in Ebene, Mauritius.


DEAL STATS #
Overall 3 of 11
Sector (Education) 1 of 1
Type (Add-on Acquisition) 3 of 6
Country (India) 1 of 7
Year (2011) 1 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-16 Dr Lal PathLabs

Gurugram, India

Dr Lal PathLabs is an Indian diagnostic service provider. Dr Lal PathLabs has a proven track record of over six decades for strict adherence to international standards and benchmarks. The company has a presence across India in the form of state-of-the-art laboratories and patient service centers. Its network of diagnostics facilities comprises central laboratories, clinical laboratories, collection centers and customer pick-up points across the country. Dr Lal PathLabs was incorporated in 1949 and is headquartered in Gurugram, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-14 AppLabs Technologies Pvt.

Philadelphia, Pennsylvania, United States

AppLabs Technologies Pvt. Ltd. is a software testing, quality assurance and custom application development services provider.

Sell -