Add-on Acquisition • Education

TAL Education Group Acquires Firstleap Education

On September 20, 2015, TAL Education Group acquired education company Firstleap Education

Acquisition Context
  • This is TAL Education Group’s 1st transaction in the Education sector.
  • This is TAL Education Group’s 1st transaction in China.

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M&A Deal Summary

Date September 20, 2015
Target Firstleap Education
Sector Education
Buyer(s) TAL Education Group
Deal Type Add-on Acquisition

Target Company

Firstleap Education

China
Firstleap Education is a provider of all-subject tutoring service in English in China to children aged from 2 to 15 years old.
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Buyer Overview 1

Buyer

TAL Education Group

Beijing, China

Category Company
Founded 2003
Sector Education
Employees23,000
Revenue 2.3B USD (2025)
DESCRIPTION

TAL Education Group is a K-12 after-school tutoring services provider. TAL Education was founded in 2003 and is based in Beijing, China.


Deal Context for Buyer #
Overall 1 of 2
Sector: Education 1 of 1
Type: Add-on Acquisition 1 of 2
Country: China 1 of 1
Year: 2015 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-07 Ready4

Boston, Massachusetts, United States

Ready4, Inc. is the only mobile-first company that delivers high-quality AI-powered live online test prep courses and admissions services to prospective students in their journey to their top school. Ready4's iOS and Android apps, all ranked at the top-5 app in ranking and reviews in their respective categories, have already helped more than 2M students in ~150+ countries around the globe to improve their scores and admissions chances.

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