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  6. TAL Education Group Acquires Ready4

M&A Deal Summary

TAL Education Group Acquires Ready4

On February 7, 2019, TAL Education Group acquired internet software and services company Ready4

Acquisition Highlights
  • This is TAL Education Group’s 1st transaction in the Internet Software and Services sector.
  • This is TAL Education Group’s 1st transaction in the United States.
  • This is TAL Education Group’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2019-02-07
Target Ready4
Sector Internet Software and Services
Buyer(s) TAL Education Group
Deal Type Add-on Acquisition

Target

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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Buyer(S) 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 STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-20 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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