M&A Deal Summary

TCTM Kids IT Education Acquires Wuhan Haoxiaozi Robot Technology Co.

On March 1, 2018, TCTM Kids IT Education acquired education company Wuhan Haoxiaozi Robot Technology Co.

Acquisition Highlights
  • This is TCTM Kids IT Education’s 1st transaction in the Education sector.
  • This is TCTM Kids IT Education’s 1st transaction in China.

M&A Deal Summary

Date 2018-03-01
Target Wuhan Haoxiaozi Robot Technology Co.
Sector Education
Buyer(s) TCTM Kids IT Education
Deal Type Add-on Acquisition

Target

Wuhan Haoxiaozi Robot Technology Co.

Hunan, China
Wuhan Haoxiaozi Robot Technology Co., Ltd. is a K-12 robotics programming education service provider in Hunan and Hubei provinces in China.

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Buyer(S) 1

Buyer

TCTM Kids IT Education

Beijing, China

Category Company
Founded 2002
Sector Education
Employees3,854
Revenue 1.2B CNY (2024)
DESCRIPTION

TCTM Kids IT Education is a provider of professional education services in China. Through its innovative education platform combining live distance instruction, classroom-based tutoring and online learning modules. TCTM Kids IT Education was founded in 2002 and is based in Beijing, China.


DEAL STATS #
Overall 1 of 2
Sector: Education M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: China M&A 1 of 1
Year: 2018 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-17 HopeAI

Princeton, New Jersey, United States

HopeAI is an artificial intelligence company specializing in AI-powered clinical development. HopeAI was formed in 2023 and is headquartered in Princeton, New Jersey.

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