M&A Deal Summary

Simplilearn Acquires Fullstack Academy

On November 28, 2022, Simplilearn acquired education company Fullstack Academy from Zovio

Acquisition Highlights
  • This is Simplilearn’s 1st transaction in the Education sector.
  • This is Simplilearn’s 2nd transaction in the United States.
  • This is Simplilearn’s 1st transaction in New York.

M&A Deal Summary

Date 2022-11-28
Target Fullstack Academy
Sector Education
Buyer(s) Simplilearn
Sellers(s) Zovio
Deal Type Divestiture

Target

Fullstack Academy

New York, New York, United States
Fullstack Academy is a premium bootcamp provider that has expanded its offerings, introducing new bootcamp programs in Web Development, Cybersecurity, Product Management, DevOps, Data Analytics, and other disciplines. Fullstack Academy was founded in 2012 and is based in New York.

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Buyer(S) 1

Buyer

Simplilearn

Bangalore , India

Category Company
Founded 2010
Sector Internet Software and Services
DESCRIPTION

Simplilearn is an online learning ‘bootcamp’ based in India offering digital skills training and courses to working professionals all over the world. Simplilearn was founded in 2010 and is based in Bangalore, India.


DEAL STATS #
Overall 2 of 2
Sector (Education) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-25 Market Motive

Scotts Valley, California, United States

Market Motive, Inc. is a digital marketing training company.

Buy $10M

Seller(S) 1

SELLER

Zovio

Chandler, Arizona, United States

Category Company
Founded 1999
Sector Education
Revenue 397M USD (2020)
DESCRIPTION

Zovio is a of postsecondary education services and delivers programs primarily online, as well as at traditional campuses. Zovio was formed in 1999 and is based in Chandler, Arizona.


DEAL STATS #
Overall 3 of 3
Sector (Education) 2 of 2
Type (Divestiture) 3 of 3
State (New York) 1 of 1
Country (United States) 3 of 3
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-27 TutorMe

Los Angeles, California, United States

TutorMe is an online tutoring company offering a complete strategic partnership, qualified to provide premium online tutoring to academic institutions of all types and successfully improve student retention. TutorMe was founded in 2015 and is based in Los Angeles, California.

Sell -