M&A Deal Summary

U Education Management Pvt. Acquires KnowledgeHut

On August 3, 2021, U Education Management Pvt. acquired education company KnowledgeHut

Acquisition Highlights
  • This is U Education Management Pvt.’s 1st transaction in the Education sector.
  • This is U Education Management Pvt.’s 1st transaction in the United States.
  • This is U Education Management Pvt.’s 1st transaction in Delaware.

M&A Deal Summary
Date 2021-08-03
Target KnowledgeHut
Sector Education
Buyer(s) U Education Management Pvt.
Deal Type Add-on Acquisition

Target

KnowledgeHut

Wilmington, Delaware, United States
KnowledgeHut is a global ed-tech company, equipping the world’s workforce with the skills of the future via outcome-based immersive learning. A trusted skills transformation partner to over 250,000 professionals and 500 organizations across 70 countries, KnowledgeHut is the skills solutions provider that organizations and individuals count on to innovate faster and create progress. KnowledgeHut was founded in 2011 and is based in Wilmington, Delaware.

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Buyer(S) 1

Buyer

U Education Management Pvt.

Mumbai, India
Category Company
Sector Education
DESCRIPTION

UpGrad is an online higher educational platform that provides industry relevant programs for working professionals.

DEAL STATS #
Overall 2 of 5
Sector (Education) 1 of 4
Type (Add-on Acquisition) 2 of 5
State (Delaware) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-17 Pyoopil Education Technologies

Delhi, India

Pyoopil Education Technologies is a mobile based SaaS (Software-as-a-service) product used by companies to deploy online training programmes.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-06 Talentedge

Gurugram, India

Talentedge is an Ed-Tech firm offering courses jointly with leading institutes such as IIMs, XLRI, MICA, eCornell, UCLA amongst others, Talentedge enables working professionals to plan their future course of action and fast track their careers through new-age learning that fulfills their career aspirations. Talentedge recreates classroom-type interactions in the virtual world and has already struck a chord with over 500,000 individuals and corporate learners. Talentedge is based in Gurugram, India.

Buy -
Mergr

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