M&A Deal Summary

Progress Learning Acquires Horizon Education

On June 23, 2022, Progress Learning acquired education company Horizon Education

Acquisition Highlights
  • This is Progress Learning’s 1st transaction in the Education sector.
  • This is Progress Learning’s 2nd transaction in the United States.
  • This is Progress Learning’s 1st transaction in California.

M&A Deal Summary

Date 2022-06-23
Target Horizon Education
Sector Education
Buyer(s) Progress Learning
Deal Type Add-on Acquisition

Target

Horizon Education

Laguna Beach, California, United States
Horizon Education is a provider of postsecondary readiness programs aimed at helping high school students prepare for graduation and college entrance exams, including the SAT, PSAT, ACT, and PreACT. Horizon Education is based in Laguna Beach, California.

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Buyer(S) 1

Buyer

Progress Learning

Atlanta, Georgia, United States

Category Company
Founded 1998
Sector Software
DESCRIPTION

Progress Learning is a provider of state-aligned curriculum content and assessment software to K-12 schools nationwide. Progress Learning has been helping students with high-stakes tests, offering review products for subject area end-of-grade, end-of-course, graduation level, career readiness, and college entrance assessments. With programs tailored to both individual state and/or Common Core standards, nearly 2 million students use the platform each year. Progress Learning was founded in 1998 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 2 of 2
Sector: Education M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-09 Education Galaxy

Richardson, Texas, United States

Education Galaxy LLC provides engaging and personalized online assessment, practice, and instruction to K-6 students. The company has developed over 20,000 pieces of multilingual, educational content delivered to over 2,000 schools across 29 states. Education Galaxy was founded in 2013 and is headquartered in Richardson, Texas.

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