March 2012 saw some significant acquisition activity across the sector including Investcorp’s purchase of GL Education Group, Plato Learning’s $291m purchase of Archipelago Learning and Blackboard surprisingly buying two official Moodle partners. In the April 2012 issue of The Assignment Report we include there stories plus analysis of activity across the education industry, including:
Revenue up 4% at Tribal.
Findel expects 12% fall in education sales for FY12.
Nord Anglia Education refinances with $325m bond issue.
Growth in Asia drives revenue at Cognita.
Private equity firms and Pearson dominate 2011’s global education deals says The Assignment Report's Education Industry Deal Review for Q4 2011 published on 20 January 2012. Top of the 2011 deal list is Hellman & Friedman’s acquisition of SunGard Higher Education, the US-based software company, for $1,775m from SunGard Data Systems. Announced in August 2011, the transaction received regulatory approval in December 2011. This deal followed Providence Equity Partners acquisition of Blackboard, the Washington DC-based VLE technology company for $1,640m.
During 2011 Pearson spent over...
Meissa has published the first issue of The Assignment Report's Education Industry Deal Review covering Q3 2011. The report summarises deal activity across the UK education industry together with significant transactions in the US and other key international education markets. The Education Industry Deal Review is provided as part of the annual subscription to The Assignment Report. For a free trial visit www.theassignmentreport.com
Here are the top ten largest education industry deals in the last 12 months to 30 September 2011.
Last month saw further acquisition activity across the education sector in the UK and US including Cox & Kings £312m purchase of education and activity tour operator Holidaybreak, EduTone's acquisition of Global Grid for Learning from CUP and Providence's $1.64bn acquisition of Blackboard. Half year results from Pearson and Promethean reflected challenging conditions in the US and a profit warning from RM and half year results from Electric Word confirmed that the UK education market remains tough. Further analysis is available in the August edition of The Assignment Report
The Assignment Report is the leading market intelligence subscription newsletter for the UK education industry. Published monthly since 2005, the Assignment Report provides an in-depth analysis on the companies operating throughout the sector.