M&A Deal Summary

Weidong Cloud Education Acquires Demos Group

On January 29, 2016, Weidong Cloud Education acquired education company Demos Group

Acquisition Highlights
  • This is Weidong Cloud Education’s 1st transaction in the Education sector.
  • This is Weidong Cloud Education’s 1st transaction in France.

M&A Deal Summary

Date 2016-01-29
Target Demos Group
Sector Education
Buyer(s) Weidong Cloud Education
Deal Type Add-on Acquisition

Target

Demos Group

Paris, France
Demos Group is an education company focused on providing an actual person to person training and distance learning. The company has developed innovative and complementary training methods such as e-learning. Demos Group was formed in 1972 and is based in Paris.

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Buyer(S) 1

Buyer

Weidong Cloud Education

Beijing, China

Category Company
Founded 2012
Sector Education
DESCRIPTION

Formed in 2012, Weidong Cloud Education Co., Ltd. integrates global quality education resources, supported by educational technology, based on the optimization of the education industry structure, insist on innovation and sustainable development, and strives to make education and technology benefit the world. Weidong Cloud Education has formed an international education group covering basic education, vocational education, higher education, and overseas education. The business serves 28 provinces, 179 urban counties. Weidong Cloud Education has branch institutions in 16 countries and regions around the world, serving more than 330 Fortune 500 companies.


DEAL STATS #
Overall 1 of 1
Sector (Education) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (France) 1 of 1
Year (2016) 1 of 1