M&A Deal Summary

Sanoma Group Acquires Clickedu

On December 17, 2019, Sanoma Group acquired education company Clickedu

Acquisition Highlights
  • This is Sanoma Group’s 2nd transaction in the Education sector.
  • This is Sanoma Group’s 1st transaction in Spain.

M&A Deal Summary

Date 2019-12-17
Target Clickedu
Sector Education
Buyer(s) Sanoma Group
Deal Type Add-on Acquisition

Target

Clickedu

Barcelona, Spain
Clickedu is a cloud school platform that includes academic, administrative and economic management , a virtual learning environment with connection to digital books and free content, faculty management, tutors and heads of studies, the quality of the center and a communication environment with families , among others. Clickedu was established in 2000 and is based in Barcelona, Spain.

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Buyer(S) 1

Buyer

Sanoma Group

Helsinki, Finland

Category Company
Sector Distribution
DESCRIPTION

Sanoma is a media and learning companies in Europe. We entertain, inform, educate and inspire millions of people every day — across media in multiple channels. We employ some 10,000 professional employees operating in Europe. Our key markets are Finland, The Netherlands, Belgium and Central & Eastern Europe.


DEAL STATS #
Overall 5 of 6
Sector: Education M&A 2 of 3
Type: Add-on Acquisition M&A Deals 5 of 5
Country: Spain M&A 1 of 2
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-05 itslearning AS

Bergen, Norway

itslearning AS is a provider of pedagogy focused cloud-based Learning Management System (LMS). itslearning's LMS supports teachers and students in managing the learning process, create multimedia resources, and share work and information online. itslearning AS was founded in 1999 and is based in Bergen, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-19 Santillana Educacion S.L.

Tres Cantos, Spain

Santillana Educacion, S.L. is a global education operator present in all Latin American countries having a unique position and value proposition. It is currently exporting the subscription models successfully developed in Brazil to other markets and now reaches a total of 1.7 million students in the region, with a growth of 25% in the last annual period. Santillana Educacion was formed in 1960 and is based in Tres Cantos, Spain.

Buy €465M