Mergers and Acquisitions

Illuminate Education Acquires Homegrown Data Visualization Tool, eduCLIMBER

What began as a husband-and-wife skunkworks project in rural Wisconsin four years ago has now become absorbed into an education data company that boasts millions of users across 44 states.In 2013, systems engineer Matt Harris wrote a program to help his wife, a school psychologist, collect and analyze data to help her students. From there the tool spread via word of mouth, and within six months the pet project became a company, eduCLIMBER, where Matt was CEO.

Learning Games Startup, Motion Math Moves to a New Home: Curriculum Associates

In its 48-year history, Curriculum Associates has acquired only one company. That count will now double, thanks to the addition of a small team that has navigated the twists and turns in the educational gaming market over the past seven years.The North Billerica, Mass.-based developer of instructional and assessment materials has acquired San Francisco startup Motion Math, which offers a suite of nine educational games focused on math and problem-solving.

Hero K12 Mints Its First Acquisition: School Enrollment Startup, SchoolMint

Private equity firms can be ruthlessly quick and efficient in their quest to maximize profitability. So it’s no surprise that Hero K12, which recently received $150 million from BV Investment Partners with explicit marching orders to buy assets, has started splurging.

Carnegie Learning Bets Big on Coding With Acquisition of Globaloria

It’s a pairing as natural as letters and numbers, math and coding, the founders of Carnegie Learning and Globaloria would say.Today, Carnegie Learning announced that it has acquired Globaloria, a New York-based provider of computer science curriculum and professional development for K-12 schools and districts. Terms of the deal were not disclosed.

Thoma Bravo’s Acquisition of Frontline Education Creates Edtech’s Newest Unicorn

Frontline Education is swapping one private equity owner for a bigger one. Today the Malvern, Penn.-based education company announced it will be acquired by Thoma Bravo, a major private equity firm with offices in San Francisco and Chicago. Terms of the deal were not disclosed, but Frontline CEO Tim Clifford tells EdSurge in an interview that “the company is valued in the unicorn range, well north of a billion dollars.”

The Power of Nonprofit Acquisitions: Curriculet Rises from the Dead

Perhaps some edtech companies can get a second life.

With $150 Million to Spend, Hero K12 Goes Shopping for Education Technology Companies

Unless you’re Jeff Bezos, people with money typically do not solicit the public for ideas on how to spend their dollars. Yet that’s not the case for Hero K12, which is announcing, rather bluntly, that it is going on a shopping spree to buy education technology companies.

BrightBytes Tried to Buy Hapara. Then a Better Offer—and a Legal Complaint—Emerged

Financial details in transactions between private companies rarely see the public light. Yet a recently settled legal complaint between two education technology startups offers a glimpse at the numbers and terms involved in the negotiation process—and what happens when a deal goes awry.

Brightwheel Acquires MyChild, Targets Early Education With Mobile App

San Francisco-based startup Brightwheel today acquired MyChild, a Lisbon company making an engagement system for parents and schools.

PowerSchool Buys Chalkable, Tops $200 Million in Acquisition Spending

Ever since Pearson sold PowerSchool in June 2015, the two companies have embarked on very different paths. The once venerable publisher axed several high-profile (and profitable) businesses in the Financial Times and The Economist as part of efforts to transform itself into a digital learning business.

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