M&A Deal Summary

Vasta Platform Acquires Editora Eleva S.A.

On February 22, 2021, Vasta Platform acquired education company Editora Eleva S.A. from Grupo Salta for 580M BRL

Acquisition Highlights
  • This is Vasta Platform’s 1st transaction in the Education sector.
  • This is Vasta Platform’s largest (disclosed) transaction.
  • This is Vasta Platform’s 2nd transaction in Brazil.

M&A Deal Summary
Date 2021-02-22
Target Editora Eleva S.A.
Sector Education
Buyer(s) Vasta Platform
Sellers(s) Grupo Salta
Deal Type Divestiture
Deal Value 580M BRL

Target

Editora Eleva S.A.

Rio de Janeiro, Brazil
Editora Eleva S.A. is a K-12 education platform provider by operating schools in Brazil.

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Buyer(S) 1

Buyer

Vasta Platform

Sao Paulo, Brazil

website

Category Company
Founded 1966
Sector Education
Employees1,960
Revenue 998M BRL (2020)
DESCRIPTION

Vasta Platform is an operator of education company powered by technology, providing end-to-end educational and digital solutions that cater to all needs of private schools operating in the K-12 educational segment. Vasta's mission is to help private K-12 schools to be better and more profitable, supporting their digital transformation. Vasta promotes the unified use of technology in K-12 education with enhanced data and actionable insight for educators, increased collaboration among support staff, and improvements in production, efficiency, and quality. Vasta Platform was founded in 1966 and is based in Sao Paulo, Brazil.

DEAL STATS #
Overall 2 of 2
Sector (Education) 1 of 1
Type (Divestiture) 1 of 1
Country (Brazil) 2 of 2
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-09 Meritt

Florianópolis, Brazil

Meritt is an operator of a digital assessment platform with a team with over 10 years’ experience and over 500 schools served, Meritt possesses the k-12 database in Brazil and will help partner schools with their digitalization process. Meritt is based in Florianópolis, Brazil.

Buy -

Seller(S) 1

SELLER

Grupo Salta

Rio de Janeiro, Brazil

website

Category Company
Sector Education
DESCRIPTION

Grupo Salta is a private K-12 school network operating multiple brands targeting different geographies and income classes. Grupo Salta also has a proprietary Learning System/curriculum which is marketed to hundreds of associated schools. Grupo Salta is based in Rio de Janeiro, Brazil.

DEAL STATS #
Overall 1 of 1
Sector (Education) 1 of 1
Type (Divestiture) 1 of 1
Country (Brazil) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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