Like Pacific Language Institute

announced 1/15/2008 via BusinessWire

Kaplan, Inc., will acquire Pacific Language Institute

synopsis: Kaplan, Inc. announced today it had agreed to acquire Pacific Language Institute (PLI), a major provider of English language instruction in Canada with schools located in Vancouver and Toronto.
buyer parent: The Washington Post Company
buyer: Kaplan, Inc.
Kaplan, Inc., is a leading international provider of educational and career services for individuals, schools and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training and programs for kids and schools. "
target: Pacific Language Institute
Pacific Language Institute offers general English language programs, as well as classes and diploma programs focused on specific English language needs, such as business or intensive learning. Additionally, PLI offers courses designed to prepare students for tests in English proficiency.
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closed 2/20/2019 via Company Press Release

Akademie Zeitgeist, acquired International House Freiburg

synopsis: Sprachschule zum Ehrstein(International House Freiburg) has been acquired by Akademie Zeitgeist, a newly established German language course provider. International House Freiburg is a school that offers German language lessons to students and young professionals.
buyer: Akademie Zeitgeist
Zeitgeist is a program based out of Germany that offers German courses in Freiburg with accommodations. They offer authentic opportunities to live in either student residences or in homestays, in the best neighborhoods of Freiburg. "
target parent: International House World Organisation
target: International House Freiburg
International House Freiburg is a school that offers German language lessons to students and young professionals. Located in Freiburg, Germany, the company organizes events and creates accommodations for students wishing to progress their German language education.
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announced 7/28/2017 via Company Press Release

China First Capital Group Limited, will acquire SJW International Co., Limited

synopsis: China First Capital Group Limited (“CFCG”) announced that it plans to acquire 54% of the total issued shares of SJW International Co., Limited (“SJW International”). SJW International primarily provides online English courses for adults and children, as well as online language training courses for Chinese, Japanese, Spanish, etc.
buyer: China First Capital Group Limited (SEHK:1269:$219.43)
China First Capital Group (CFCG) focuses on investment across the education industry with licenses in financial services. CFCG is actively exploring education projects and making direct investments. They also have subsidiaries which deal in securities, asset management, & corporate finance advising."
target: SJW International Co., Limited
SJW International Co., Limited was incorporated in Korea and was the first company to offer online video English training for adults in Korea. It primarily provides online English courses for adults and children, as well as online language training courses for Chinese, Japanese, Spanish, etc.
price ($mm)
$135*
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closed 8/17/2016 via Company Press Release

AAC Global Oy, acquired TekMil Oy

synopsis: AAC Holding, which is owned by Korona Invest’s Palvelurahasto (Service Fund) and key personnel from AAC Global, has purchased the language, communication, and training service provider TekMiL. The AAC Holding group will now include AAC Global Oy, TekMiL Oy, and AAC Global AB in Sweden.
buyer parent: Korona Invest
buyer: AAC Global Oy
AAC Global promotes its clients’ success in international markets by helping them to get their message through to their customers. AAC Global’s services include translation and localization services, content production for all channels, language and communication training, and interpreting services."
target: TekMil Oy
TekMiL is a language based business & culture training company founded in 2005 by Sari and Zoran Kanti-Paul in the Pirkanmaa region of Finland. They see themelves as a growth company with a solid foundation, an ideal partner for the future.
price ($mm)
rev ($mm)
$2
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 2/18/2011 via BNC Analysis

Berlitz Languages, Inc., acquired Second Language Testing Inc.

synopsis: Berlitz International, Inc.,the world's premier language services firm, providing quality language instruction, translation, and publishing services throughout the world, has purchased Second Language Testing Inc., a premier company solely focused on language test development and test translation.
buyer parent: Benesse Corporation
buyer: Berlitz Languages, Inc. (:$0.00)
Berlitz International, Inc. is the world's premier language services firm, providing quality language instruction, translation, and publishing services throughout the world. Berlitz has been providing language services for more than 120 years, with millions of alumni . "
target: Second Language Testing Inc.
Second Language Testing Inc. ("SLTI") has filled a void in language test development for the federal government and state government agencies, for use in security, intelligence and defense work, and in the educational sector. SLTI develops language tests and language proficiency assessments.
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closed 4/30/2008 via PR Newswire

China Education Alliance, Inc., acquired World Exchanges Inc.

synopsis: China Education Alliance, Inc., a leading distributor of educational resources, offering high-quality programs and training both through online networks and an on-site training center in the People's Republic China, announced that it has signed an agreement to acquire and has, on the same day, closed on the acquisition of World Exchanges Inc.
buyer: China Education Alliance, Inc. (CEU:$46.27)
China Education Alliance, Inc.'s strategy is to provide high-quality online educational services including: exam preparation outside the centralized Key High Schools, vocational training for graduates and continued professional development training. "
target: World Exchanges Inc.
World Exchanges Inc. provides English training programs in China as well as English test preparation courses and overseas study and consulting services through its five existing ''Group Entities''.
price ($mm)
$0.93*
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closed 3/15/2018 via PE Hub

Baring Private Equity Asia, CITIC Capital, acquired Wall Street English

synopsis: Baring Private Equity Asia (“BPEA”) and CITIC Capital Holdings Limited announced their affiliated private equity funds have acquired Wall Street English (“WSE”), the world’s leading provider of English language training to adults, from Pearson Plc.
buyer: CITIC Capital
buyer: Baring Private Equity Asia
Baring Private Equity Asia (BPEA) is one of the largest and most established private alternative investment firms in Asia, with total committed capital of over USD11 billion. Founded in 2002, CITIC Capital Holdings Limited is an alternative investment management and advisory company. "
target parent: Pearson plc
target: Wall Street English
Wall Street English is the premier provider of English language instruction for individuals and corporate clients around the world. Wall Street English has over 40 years of experience of teaching English and has touched the lives of over 2 million students in 450 centers in 28 countries worldwide.
price ($mm)
$300
rev ($mm)
$216
EBITDA ($mm)
EV / rev
1.4x
EV / EBITDA
closed 1/26/2017 via BNC Analysis

Yes 'N' You, acquired Speaken S.A.S.

synopsis: YES 'N' YOU, a pioneer in technology solutions for online education and training for english language learning, announces the acquisition of Speaken. Speaken allows users to practice English by connecting with English native tutors through live video chat with its app.
buyer: Yes 'N' You
YES 'N' YOU is a pioneer in technology solutions for online education and training, and is a leading player in Digital Learning. Ed'Tech innovative, YES 'N' YOU develops original blended courses for companies and individuals. "
target: Speaken S.A.S.
Speaken is the best way to practice English. Users can immediately connect with English native Tutors available on-demand through live video chat on their smartphones. Speaken is a new French start up, all passionate by the idea of changing the way in which the world learns languages.
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announced 1/9/2013 via BusinessWire

CIBT Education Group Inc., will acquire Linkman International Language Institute

synopsis: CIBT Education Group Inc. has agreed to buy Linkman International Language Institute. Linkman is a language training institution in China that specializes in English language training for students in elementary and middle school, but also train students in high school as well as adults.
buyer: CIBT Education Group Inc. (MBA:$57.97)
CIBT Education Group Inc. is an education management company focused on the global education market. CIBT Group owns and operates a network of business, technical and language colleges and offers cooperative joint programmes in 18 countries. "
target: Linkman International Language Institute
Linkman International Language Institute is a language training institution. Linkman provides high quality English training programs to over 200 students in a wide range of age groups, but specializes in Children’s English programs.
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closed 9/17/2012 via BusinessWire

H.I.G. Capital, acquired Cel Lep Idiomas

synopsis: H.I.G. Capital, LLC, a leading global private investment firm, announced that its Brazilian affiliate has completed the acquisition of Cel Lep Idiomas, a leading premium English Language Teaching network in Brazil. With its focus on high quality education, Cel Lep has taught English to more than 420,000 students.
buyer: H.I.G. Capital
H.I.G. Capital is a leading global private equity investment firm with more than $8.5 billion of equity capital under management. H.I.G. specializes in providing capital to small and medium-sized companies with attractive growth potential. "
target: Cel Lep Idiomas
Cel Lep is a premium ELT network founded in São Paulo, Brazil in 1967. The company has always focused on innovation such as its famous language labs and its proprietary methodology. With its focus on high quality education, Cel Lep has taught English to more than 420,000 students.
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closed 4/15/2009 via Company Press Release

Pearson plc, acquired Wall Street English

synopsis: Wall Street Institute, the world’s premier provider of English language instruction, announced that it has sold its Chinese subsidiary, Wall Street English, to Pearson plc, the international education and information company, for $145 million in cash. Wall Street Institute (WSI) is majority-owned by global private equity firm The Carlyle Group.
buyer: Pearson plc (LSE:PSON:$5,359.58)
Pearson plc is an international media company with world-leading businesses in education, business information and consumer publishing. Pearson Education, the world's leading education company, provides print and digital learning materials and services to more than 100 million students every year. "
target parent: The Carlyle Group
target: Wall Street English
Wall Street English is China’s leading provider of premium English language training to adults. Launched in 2000, it teaches approximately 35,000 students at 39 company-owned training centers in seven cities including Beijing, Shanghai, Guangzhou and Shenzhen.
price ($mm)
$145
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closed 12/14/2016 via Company Press Release

RareJob Inc., acquired Ripple Kids Park Co., Ltd.

synopsis: RareJob, a Japanese company that provides online English lessons, has acquired Ripple Kids Park, a company that specializes in providing online English lessons through Skype exclusively for kids. Ripple Kids Park offers one-on-one online English lessons to Japanese children, provided by teachers located in the Phillippines.
buyer: RareJob Inc. (TSE:6096:$30.81)
With the largest number of students, RareJob is the top online English school in Japan. They have provided over 10,000,000 lessons and have helped more than 10,000 Filipino tutors. They aim to provide the best learning experience to students and the most ideal working environment for their tutors. "
target: Ripple Kids Park Co., Ltd.
Ripple Kids Park is the first Japanese company to provide online English lessons exclusively for kids. They offer one-on-one online lessons tailored to each child. Students are able to easily learn at home and communicate with teachers in the Phillippines through Skype.
price ($mm)
$1.15
rev ($mm)
$1
EBITDA ($mm)
EV / rev
0.9x
EV / EBITDA
closed 12/23/2016 via BusinessWire

Wicks Group of Companies, acquired Invo HealthCare Associates

synopsis: Post Capital Partners announced the recapitalization of Invo HealthCare Associates by the Wicks Group of Companies, a New York-based private investment firm. Based in Jamison, PA, Invo HealthCare is the leading national provider of school and community therapeutic services for individuals and families with autism and special needs.
buyer: Wicks Group of Companies
The Wicks Group of Companies is a private equity firm that invests in lower-middle-market companies operating in the information, education and media industries. The firm uses a consistent investment strategy, partnering with experienced management teams to build businesses through acquisitions. "
target parent: Post Capital Partners, LLC
target: Invo HealthCare Associates
Since 1993, Invo HealthCare Associates (INVO) has responded to the growing need for qualified therapists and service providers to work in various educational settings throughout the nation. INVO provides specialized education solutions through its team of focused and engaging service providers.
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announced 1/20/2016 via Company Press Release

Wydawnictwa Szkolne i Pedagogiczne SA, will acquire Profi-Lingua

synopsis: Wydawnictwa Szkolne i Pedagogiczne SA (WSiP) signed a preliminary agreement for the purchase of one of the largest networks of language schools in Poland - Profi-Lingua. Profi-Lingua runs courses in English, German, French, Spanish, Italian, Russian, Czech, Swedish, Portuguese, Chinese, Norwegian and Polish for foreigners at all levels.
buyer parent: Advent International
buyer: Wydawnictwa Szkolne i Pedagogiczne SA
Wydawnictwa Szkolne i Pedagogiczne is the largest educational publisher in Poland. They offer textbooks, workbooks, and methodological guides for all classes of primary schools, junior high schools and high schools, as well as preschool education. "
target: Profi-Lingua
Profi-Lingua is one of the largest centers of foreign language teaching in Poland. They run classes in branches located in 16 major cities in Poland. They teach English, German, French, Spanish, Italian, Russian, Czech, Swedish, Portuguese, Chinese, Norwegian and Polish for foreigners at all levels.
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closed 3/20/2019 via Company Press Release

RareJob Inc., acquired Geos Language Centre Singapore

synopsis: RareJob, the top online English school in Japan, acquired all shares of Geos Language Center. GEOS Language Centre, located in Singapore, is a school that provides English language classes to the public. Their classes are designed to cater to all kinds of students, including tourists, kids and businessmen.
buyer: RareJob Inc. (TSE:6096:$30.81)
RareJob is the top online English school in Japan. In almost a decade, they have provided over 10,000,000 lessons and have helped over 10,000 Filipino tutors. They aim to provide the best learning experience to students and the most ideal working environment for tutors. "
target parent: GEOS
target: Geos Language Centre Singapore
GEOS Language Centre, located in Singapore, is a school that provides English language classes to the public. Their classes are designed to cater to all kinds of students, including tourists, kids and businessmen.
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announced 2/21/2019 via Company Press Release

Ardian, will acquire Study Group International Ltd.

synopsis: Ardian, France's world-leading private investment house, announced it has reached an agreement to acquire a majority stake in Study Group, the leading provider of international education based in the UK, from Providence Equity Partners, a premier global asset management firm.
buyer: Ardian
Headquartered in France, Ardian is a world-leading private investment house with assets of $90bn managed or advised in Europe, the Americas and Asia. Ardian focuses on delivering excellent investment performance to its global investor base. "
target parent: Providence Equity Partners Inc.
target: Study Group International Ltd.
Study Group is a leading provider of international education. With 48 university partners around the world, it enables students to succeed at any degree level, by helping them develop the necessary study and language skills to which they may not have had access in their local education systems.
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closed 1/14/2015 via BNC Analysis

51Talk, acquired 91WaiJiao.com

synopsis: Beijing-based online English language education platform 51Talk has acquired rival 91Waijiao, according to 51Talk's CEO Huang Jiajia. After the completion of the deal, 91Waijiao's platforms, users and staff will be absorbed into 51Talk.
buyer: 51Talk
51Talk is an online english school providing one-to-one foreign language teaching services at a cost of 15 yuan per class. It has established inexpensive English learning based on the Internet. "
target: 91WaiJiao.com
91WaiJiao.com is an oral English tutoring services website started by Jiayuan.com founder Rose Gong. Through real time audio and video interaction conducted via streaming classroom software, they help Chinese students overcome their spoken English challenges and frustrations.
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closed 7/1/2010 via Reuters

Providence Equity Partners Inc., acquired Study Group International Ltd.

synopsis: U.S. private equity firm Providence Equity Partners has acquired university programme provider Study Group from Australia's CHAMP Private Equity.
buyer: Providence Equity Partners Inc.
Providence Equity Partners is the leading global private equity firm specializing in equity investments in media, entertainment, communications and information companies around the world. The principals of Providence manage funds with over $22 billion in equity commitments. "
target parent: Champ Private Equity
target: Study Group International Ltd.
Study Group helps over 35,000 international students fulfil their ambitions every year. We are global leaders in international education and training, providing a complete range of educational opportunities for students from over 120 countries.
price ($mm)
$553
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closed 9/11/2006 via

Champs Private Equity, acquired Study Group International Ltd.

synopsis: Newspaper publisher Daily Mail & General Trust has agreed to sell its English language and academic courses business, Study Group International, for about 72 million pounds. The firm is selling the unit to funds advised by Australia's Champ Private Equity and Petersen Investments.
buyer parent: Castle Harlan Inc.
buyer: Champs Private Equity
Champ Private Equity is a joint venture between Castle Harlan Inc. and Australian Mezzanine Investments Pty Ltd. "
target parent: Daily Mail and General Trust plc
target: Study Group International Ltd.
Study Group helps over 35,000 international students fulfil their ambitions every year. We are global leaders in international education and training, providing a complete range of educational opportunities for students from over 120 countries.
price ($mm)
$141
rev ($mm)
$179
EBITDA ($mm)
EV / rev
0.8x
EV / EBITDA
announced 1/15/2008 via BusinessWire

Kaplan, Inc., will acquire Pacific Language Institute

synopsis: Kaplan, Inc. announced today it had agreed to acquire Pacific Language Institute (PLI), a major provider of English language instruction in Canada with schools located in Vancouver and Toronto.
buyer parent: The Washington Post Company
buyer: Kaplan, Inc.
Kaplan, Inc., is a leading international provider of educational and career services for individuals, schools and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training and programs for kids and schools. "
target: Pacific Language Institute
Pacific Language Institute offers general English language programs, as well as classes and diploma programs focused on specific English language needs, such as business or intensive learning. Additionally, PLI offers courses designed to prepare students for tests in English proficiency.
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closed 8/19/2019 via BusinessWire

Kaplan, Inc., purchased Healthcare Assets from Becker Professional Education

synopsis: Kaplan has acquired certain healthcare test preparation assets of Becker Professional Education, a global leader in professional education serving the accounting, project management and healthcare professions. The acquisition includes certain assets related to Becker’s U.S. Medical Licensing Exam (USMLEⓇ) review programs.
buyer parent: Graham Holdings Company
buyer: Kaplan, Inc.
Kaplan, Inc., a subsidiary of Graham Holdings Company, is a premier provider of educational services for individuals, schools, and businesses worldwide. Kaplan is a pioneer in the for-profit education industry, with a brand name that is synonymous with quality, innovation and integrity. "
seller parent: Adtalem Global Education Inc.
seller: Becker Professional Education
The acquisition includes certain assets related to Becker’s U.S. Medical Licensing Exam (USMLEⓇ) review programs. Becker Professional Education is a global leader in professional education serving the accounting, project management and healthcare professions.
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closed 3/8/2017 via BNC Analysis

Kaplan, Inc., acquired Red Marker

synopsis: Kaplan, a premier provider of educational services for individuals, schools, and businesses worldwide, has acquired Red Marker, a company that is pioneering the application of machine learning and artificial intelligence to the world of regulatory compliance. Its Artemis system is already being used in Westpac Banking Corp.
buyer parent: Graham Holdings Company
buyer: Kaplan, Inc.
Kaplan, Inc., a subsidiary of Graham Holdings Company, is a premier provider of educational services for individuals, schools, and businesses worldwide. Kaplan is a pioneer in the for-profit education industry, with a brand name that is synonymous with quality, innovation and integrity. "
target: Red Marker
Red Marker is pioneering the application of machine learning and artificial intelligence to the world of regulatory compliance. Its Artemis system is already being used in Westpac Banking Corp and another of the big four banks, who are looking for ways to more proactively identify risk.
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closed 2/13/2017 via BusinessWire

Kaplan, Inc., acquired Genesis Institute

synopsis: Global training and education company Kaplan has acquired Genesis Institute. Genesis offers exceptional CFA programmes and is a leading provider of financial training solutions in the UAE. Genesis and its team will trade under the name Kaplan Genesis and will continue to be based in Dubai and operate across the Gulf Coast Countries (GCC).
buyer parent: Graham Holdings Company
buyer: Kaplan, Inc.
Kaplan is a leading international provider of training and education services operating in more than 30 countries and working with over 2,600 corporations and businesses. Kaplan’s vast breadth and scope and distinguished heritage going back almost 80 years sets it apart from its competitors. "
target: Genesis Institute
Genesis Institute, founded ten years ago, leads the CFA examination market in the UAE and is a leading provider of financial training solutions. Genesis offers a wide range of courses for Finance and Non-Finance Professionals working at entry, mid-career, or senior level positions.
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closed 11/30/2015 via PR Newswire

Kaplan, Inc., acquired CleanEdison, Inc.

synopsis: Kaplan, creator of the test prep industry and its leading player, has acquired CleanEdison, a leading vocational school as a service platform specializing in the clean energy industry. The new unit, rebranded as Kaplan Clean Technology Education, offers job skills training and certification programs focused on clean energy related issues.
buyer parent: Graham Holdings Company
buyer: Kaplan, Inc.
Kaplan, Inc. is a leading international provider of educational and career services for individuals, schools, and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training, and programs for grades K - 12. "
target: CleanEdison, Inc.
CleanEdison educated companies and individuals in green building practices both through customized training and an open enrollment green training program. It has worked with federal, state and local governments, building design and construction firms, owners, operators, and real estate investors.
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announced 11/27/2015 via BusinessWire

Kaplan, Inc., will acquire Osborne Books Limited

synopsis: Kaplan International Holdings Limited, the training and education company, has entered into a legally binding agreement to purchase Osborne Books Limited, a leading educational publisher of learning resources for Accounting qualifications.
buyer parent: Graham Holdings Company
buyer: Kaplan, Inc.
Kaplan, Inc. is a leading international provider of educational and career services for individuals, schools, and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training, and programs for grades K - 12. "
target: Osborne Books Limited
Osborne Books is a leading educational publisher of learning resources for Accounting qualifications. They provide easy-to-read and value-for-money texts for schools, colleges and universities worldwide, together with a wealth of online support material.
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closed 12/22/2015 via BusinessWire

Kaplan, Inc., acquired SmartPros Ltd.

synopsis: Kaplan, Inc., the global education services company and largest subsidiary of Graham Holdings, has completed its acquisition of SmartPros, Ltd., a leading provider of accredited professional education and training, primarily in accountancy.
buyer parent: Graham Holdings Company
buyer: Kaplan, Inc.
Kaplan, Inc., is a leading international provider of educational and career services for individuals, schools and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training and programs for kids and schools. "
target: SmartPros Ltd. (SPRO:$13.51)
Founded in 1981, SmartPros Ltd. is an industry leader in the field of accredited professional education and corporate training. Its products and services are primarily focused in the accredited professional areas of corporate accounting, financial management, public accounting, and more.
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closed 9/3/2015 via BusinessWire

Education Corporation of America, purchased 38 Kaplan College Campuses from Kaplan Higher Education

synopsis: Education Corporation of America (ECA), which operates private, accredited colleges across the U.S., and Kaplan Higher Education, have completed the previously announced all-stock transaction exchanging 38 campuses, which include Kaplan College, Kaplan Career Institute, Texas School of Business and TESST College of Technology.
buyer parent: Willis Stein & Partners
buyer: Education Corporation of America
Education Corporation of America owns and operates private accredited colleges across the United States as well as via the Internet. Their schools serve the needs of thousands of students while giving employers an educated and skilled workforce in the markets where they are located. "
seller parent: Graham Holdings Company
seller: Kaplan Higher Education
Kaplan Higher Education serves over 70 campus-based schools across the U.S. The campuses being acquired by Education Corporation of America include Kaplan Career Institutes , TESST College of Technology and Texas School of Business locations, with more than 12,500 students enrolled in these schools.
price ($mm)
rev ($mm)
$275
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 6/25/2014 via BusinessWire

Kaplan, Inc., acquired Dev BootCamp

synopsis: Kaplan, creator of the test prep industry and its leading player, has acquired Dev Bootcamp, originator of the software coding bootcamp model and its leading player. Dev Bootcamp is a 9-week program, which transforms beginners into full-stack web developers in San Francisco, Chicago, and New York.
buyer parent: Graham Holdings Company
buyer: Kaplan, Inc.
Kaplan, Inc., is a leading international provider of educational and career services for individuals, schools and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training and programs for kids and schools. "
target: Dev BootCamp
Dev Bootcamp is a 9-week program, which transforms beginners into full-stack web developers. Students spend 70-90 hours a week building applications with Sinatra, HTML, CSS, JavaScript, SQL, and Ruby on Rails.
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closed 10/13/2011 via BusinessWire

Sircon Corporation, acquired Kaplan Compliance Solutions

synopsis: Vertafore, the leading provider of insurance distribution channel management solutions, announced that the acquisition of Kaplan Compliance Solutions ("KCS") by its wholly owned subsidiary, Sircon, has closed. KCS is a technology and outsourcing solutions provider for the insurance and securities industries.
buyer parent: TPG Capital
buyer: Sircon Corporation
Sircon Corp focuses specifically on the needs of the insurance industry, providing software and services to a variety of stakeholders including carriers, agencies, MGAs, individual producers, education providers and state regulators. "
target parent: The Washington Post Company
target: Kaplan Compliance Solutions
Kaplan Compliance Solutions (KCS) is a technology and outsourcing solutions provider for the insurance and securities industries. The company develops software and outsourcing solutions that streamline and automate the complex processes of on-boarding and producer and representative lifecycle.
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closed 6/22/2011 via BusinessWire

Kaplan, Inc., acquired Structuralia

synopsis: Kaplan, the global provider of training and education, has acquired Madrid-based Structuralia, the leader in e-learning for the engineering and infrastructure sector in Spain, for an undisclosed sum. Structuralia provides training to more than 85,000 staff employed at more than 1,350 companies.
buyer parent: The Washington Post Company
buyer: Kaplan, Inc.
Kaplan, Inc., is a leading international provider of educational and career services for individuals, schools and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training and programs for kids and schools. "
target: Structuralia
Structuralia is a leading e-learning Postgraduate and Executive Engineering School that invests in developing specialized online training programs for the Construction, Infrastructure, Energy and Engineering sectors. Structuralia offers 16 Master’s degree programmes and 11 Executive Programs.
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closed 7/1/2011 via Capital IQ

K12, Inc., purchased K-12 Assets from Kaplan Virtual Education

synopsis: K12 Inc. has purchased the credit-bearing K-12 assets of Kaplan Virtual Education (KVE). In partnership with school districts and charter schools, KVE operates online public schools in eight states for students in grades 6-12 and also operates online private schools serving similar grades.
buyer: K12, Inc. (LRN:$888.17)
K12 Inc., a technology-based education company, is America’s largest provider of proprietary curriculum and online education programs for students in kindergarten through high school. "
seller parent: The Washington Post Company
seller: Kaplan Virtual Education
Kaplan Virtual Education (KVE) is a subsidiary of Kaplan, Inc. In partnership with school districts and charter schools, KVE operates online public schools in eight states for students in grades 6-12 and also operates online private schools serving similar grades.
price ($mm)
$13
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closed 5/3/2011 via BusinessWire

Kaplan, Inc., acquired Franklyn Scholar

synopsis: Kaplan Australia is excited to announce the acquisition of Franklyn Scholar, Australia’s leading national provider of work-based vocational training. Kaplan Australia and Franklyn Scholar are joining forces to bring together Kaplan’s leadership in financial services education and Franklyn Scholar’s broader market capabilities.
buyer parent: The Washington Post Company
buyer: Kaplan, Inc.
Kaplan, Inc., is a leading international provider of educational and career services for individuals, schools and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training and programs for kids and schools. "
target: Franklyn Scholar
With offices in each state, Franklyn Scholar employs more than 200 professionals across Australia and will train more than 20,000 people this year. Franklyn Scholar offers in excess of 80 accredited courses to large companies, SME's and individuals seeking training.
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EV / EBITDA
closed 4/12/2010 via PR Newswire

EducationDynamics, acquired Education Connection Services

synopsis: EducationDynamics, higher education's leading marketing services company, announced the acquisition of Education Connection, a valuable resource that helps prospective students find colleges that are ideally suited for their academic and career interests. EducationDynamics acquired Education Connection from Kaplan.
buyer parent: Halyard Capital
buyer: EducationDynamics
EducationDynamics is higher education's leading marketing information and technology services company dedicated to helping institutions find, enroll and retain students. It has six content-rich and highly visible education websites, as well as several special interest microsites. "
target parent: The Washington Post Company
target: Education Connection Services
By providing rich resources to help students explore careers, assess their aptitude for online learning and even match their personality type to specific occupations, Education Connection allows students to make well-informed decisions about the future.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/10/2009 via BusinessWire

Kaplan, Inc., acquired Murdoch Institute of Technology

synopsis: Kaplan, Inc., a leading international provider of higher education and professional training, announced that it has acquired the Murdoch Institute of Technology (MIT) from the Alexander Education Group. The Murdoch Institute of Technology offers courses that prepare students for direct entry into Murdoch University.
buyer parent: The Washington Post Company
buyer: Kaplan, Inc.
Kaplan, Inc., is a leading international provider of educational and career services for individuals, schools and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training and programs for kids and schools. "
target parent: Alexander Education Group
target: Murdoch Institute of Technology
Australia-based Murdoch Institute of Technology (MIT) offers courses that prepare students for direct entry into Murdoch University. MIT’s programs include diplomas in commerce, information technology, mass communications and science.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/6/2009 via BusinessWire

Kaplan, Inc., acquired West of England Language Services

synopsis: Kaplan, Inc. announced that it has acquired West of England Language Services Limited, an international group of English language schools located in the U.S., Australia, and the U.K.
buyer parent: The Washington Post Company
buyer: Kaplan, Inc.
Kaplan, Inc., is a leading international provider of educational and career services for individuals, schools and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training and programs for kids and schools. "
target: West of England Language Services
West of England Language Services offers general English language training for adults, as well as courses focused on specific language needs, such as business English, academic English and preparation for the International English Language Testing System and University of Cambridge exams.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/17/2008 via BusinessWire

Kaplan, Inc., acquired National Paramedic Institute, Inc.

synopsis: Kaplan Continuing Education (KCE), a leader in online continuing education, announced the acquisition of National Paramedic Institute, Inc. (NPI), a South Florida-based company that provides online continuing education to firefighters and emergency services personnel.
buyer parent: The Washington Post Company
buyer: Kaplan, Inc.
Kaplan, Inc., is a leading international provider of educational and career services for individuals, schools and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training and programs for kids and schools. "
target: National Paramedic Institute, Inc.
National Paramedic Institute, Inc. offers a series of case-based courses that include situational videos that meet national continuing education standards for fire and emergency service personnel.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/23/2008 via BusinessWire

Kaplan, Inc., acquired The Study Group

synopsis: Kaplan, Inc. announced that it has acquired The Study Group, a nationwide provider of self-study bar review with home study course offerings for full-service bar review in 30 U.S. states.
buyer parent: The Washington Post Company
buyer: Kaplan, Inc.
Kaplan, Inc., is a leading international provider of educational and career services for individuals, schools and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training and programs for kids and schools. "
target: The Study Group
Founded in 1995, The Study Group is a leading national home study bar review and bar exam essay writing program.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/22/2008 via BusinessWire

Kaplan, Inc., acquired Pro Linguis

synopsis: Kaplan, Inc., a leading global provider of educational services for individuals, schools and businesses, announced that it has acquired Pro Linguis, a premier provider of educational services for students and professionals in Switzerland. Terms of the transaction were not disclosed.
buyer parent: The Washington Post Company
buyer: Kaplan, Inc.
Kaplan, Inc., is a leading international provider of educational and career services for individuals, schools and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training and programs for kids and schools. "
target: Pro Linguis
Headquartered in Zurich, Switzerland, Pro Linguis is a leading provider of educational services to students seeking language studies abroad. Pro Linguis serves the student and professional community with programs in over 40 countries worldwide.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/15/2008 via BusinessWire

Kaplan, Inc., will acquire Pacific Language Institute

synopsis: Kaplan, Inc. announced today it had agreed to acquire Pacific Language Institute (PLI), a major provider of English language instruction in Canada with schools located in Vancouver and Toronto.
buyer parent: The Washington Post Company
buyer: Kaplan, Inc.
Kaplan, Inc., is a leading international provider of educational and career services for individuals, schools and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training and programs for kids and schools. "
target: Pacific Language Institute
Pacific Language Institute offers general English language programs, as well as classes and diploma programs focused on specific English language needs, such as business or intensive learning. Additionally, PLI offers courses designed to prepare students for tests in English proficiency.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/26/2007 via BusinessWire

Kaplan, Inc., will acquire ACE Education

synopsis: Kaplan is to purchase a majority stake in ACE Education, which provides preparatory classes for entry to U.K. universities at centers across China, in addition to post-secondary and professional training at Sino-British College in Shanghai. Kaplan has been a minority owner of the business since April 2007.
buyer parent: The Washington Post Company
buyer: Kaplan, Inc.
Kaplan, Inc., is a leading international provider of educational and career services for individuals, schools and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training and programs for kids and schools. "
target: ACE Education
ACE Education was established in 1997. In partnership with the Northern Consortium UK (NCUK), a university consortium of leading British universities, ACE offers international undergraduate and postgraduate programs in major cities across China, including Beijing, Shanghai, Chengdu and Chongqing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/27/2016 via BNC Analysis

LCI Education, acquired Canadian as a Second Language Institute

synopsis: LCI Education, a network of postsecondary campuses around the world, has acquired the Canadian as a Second Language Institute. CSLI specializes in Conversational English classes and provides an active and engaging environment where students can get comfortable speaking English and learn to communicate effectively and with ease.
buyer: LCI Education
Present on 5 continents, the LCI Education network consists of 22 post-secondary campuses in 12 countries, and some 1,500 employees offering instruction to over 10,000 students throughout the world each year. "
target: Canadian as a Second Language Institute
Canadian as a Second Language Institute specializes in Conversational English classes. They provide an active and engaging environment where students can get comfortable speaking English and learn to communicate effectively and with ease.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/13/2012 via Capital IQ

Benesse Corporation, acquired UP Inc.

synopsis: Benesse Holdings, Inc. has acquired 74.78% stake in UP Inc, provider of educational services in Nishinomiya, Japan.
buyer: Benesse Corporation (TSE:9783:$4,107.30)
Benesse Corporation is a Japanese company which focuses on correspondence education and publishing. "
target: UP Inc.
UP Inc. provides educational services. They help students develop their academic abilities and get through entrance examinations.
price ($mm)
$104*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/29/2020 via PR Newswire

Elder Research, Inc., acquired Statistics.com

synopsis: Elder Research, a results-driven data science consulting firm serving government agencies, has acquired Statistics.com, a leading pioneer in online analytics education with over 80 courses and over 15,000 students.
buyer: Elder Research, Inc.
Elder Research is a results-driven data science consulting firm serving government agencies. More than 80 expert data scientists and engineers specialize in focused analytics strategy development, deploying high-performance data science solutions, and skills training for their clients. "
target: Statistics.com
Statistics.com is a leading pioneer in online analytics education with over 80 courses and over 15,000 students. Statistics.com offers academic and professional education in statistics, analytics, and data science at beginner, intermediate, and advanced levels of instruction.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/27/2020 via BusinessWire

K12, Inc., will acquire Galvanize, Inc.

synopsis: K12 Inc., one of the nation’s preeminent tech-enabled education companies, announced that it has entered into a definitive agreement to acquire Galvanize Inc., a leader in developing talent and capabilities for individuals and corporations in technical fields such as software engineering and data science.
buyer: K12, Inc. (LRN:$888.17)
K12 Inc. takes a personalized approach to education by removing barriers to learning, reaching students where they are, and providing innovative, high-quality online and blended education solutions, curriculum, and programs to charter schools, public school districts, private schools and families. "
target parent: Catalyst Investors, L.P.
target: Galvanize, Inc.
Galvanize is a learning community for technology with eight physical campuses across the U.S. where innovative startups, aspiring students, and large enterprises benefit from a dynamic, unique technology ecosystem. Galvanize is an industry leader in technology education.
price ($mm)
$165
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/22/2020 via BNC Analysis

China Kepei Education Group Limited, will acquire Harbin Institute of Petroleum

synopsis: China Kepei Education Group Ltd., a leading provider of private higher education services in South China, will acquire Harbin Institute of Petroleum (HIP), a private general undergraduate college in China. HIP offers undergraduate courses for petroleum engineering, chemical engineering, oil and gas storage, environmental engineering, and more.
buyer: China Kepei Education Group Limited (SEHK:1890:$93.79)
China Kepei Education Group Limited is a leading provider of private higher education services in South China. China Kepei operates a science and technology vocational school and a polytechnic college. Their schools are committed to providing students with high-quality profession-oriented education."
target: Harbin Institute of Petroleum
Harbin Institute of Petroleum (HIP) is a private general undergraduate college in China. HIP offers undergraduate courses for petroleum engineering, chemical engineering, oil and gas storage, environmental engineering, and more. HIP was founded in 2003 and serves over 9,000 students.
price ($mm)
$210
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/24/2019 via BNC Analysis

Universidad Alas Peruanas S.A. will be merged with Universidad Norbert Wiener,

synopsis: Universidad Alas Peruanas (UAP) will merge with Universidad Norbert Wiener, a higher education institution in Peru. UAP is a higher education institution in Peru that aims to provide everyone with the opportunity to access quality education. UAP offers undergraduate and graduate programs for veterinary medicine, education, tourism, law, and more.
buyer: Universidad Norbert Wiener
Universidad Norbert Wiener is a higher education institution in Peru. Universidad Norbert Wiener aims to help students become professionals that are prepared to face the challenges of the world. They offer undergraduate and postgraduate courses for medicine, nursing, law, accounting, and more. "
target: Universidad Alas Peruanas S.A.
Universidad Alas Peruanas (UAP) is a higher education institution in Peru that aims to provide everyone with the opportunity to access quality education. UAP offers undergraduate and graduate programs for veterinary medicine, sports science, education, tourism, law, architecture, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/16/2019 via BNC Analysis

Groupe EDH SAS, acquired CESINE

synopsis: The EDH GROUP accelerates its international development by acquiring the CESINE school in Santander, Spain. CESINE is a Spanish private higher education institution, specializing in training in graphic design, fashion design, marketing and communication.
buyer: Groupe EDH SAS
Groupe EDH (Ecoles Denis Huisman) is a leader in private French higher education with schools that offer training programs in communication (EFAP), culture related businesses (ICART), and journalism (EFJ). Groupe EDH has locations in Paris, Lyon, Bordeaux, Lille and New York. "
target: CESINE
CESINE is a Spanish private higher education institution, specialized in training in graphic design, fashion design, marketing and communication. CESINE also offers online professional training in marketing, communication and management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/13/2019 via BNC Analysis

Anima Educacao, acquired Unicuritiba

synopsis: Anima Educacao, one of Brazil’s largest private higher education organizations, has acquired Unicuritiba, a private higher education institution in Brazil. Unicuritiba offers several undergraduate and postgraduate courses for law, business administration, logistics, civil engineering, psychology, marketing, technology, and more.
buyer: Anima Educacao (BOVESPA:ANIM3:$284.68)
Anima Educacao is one of Brazil’s largest private higher education organizations, both in terms of revenue and the number of enrolled students. It has at least 79,000 students enrolled in classroom courses at 18 campuses located in the states of Minas Gerais and São Paulo. "
target: Unicuritiba
Unicuritiba is a private higher education institution in Brazil. Unicuritiba's mission is to educate and train people to become capable and committed to social development. They offer several undergraduate and postgraduate courses for law, business administration, logistics, psychology and more.
price ($mm)
$130
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/5/2019 via BNC Analysis

Cruzeiro do Sul Educacional S.A., acquired Universidade Positivo

synopsis: Universidade Positivo (UP) was sold to the São Paulo educational group Cruzeiro do Sul Educational. Universidade Positivo is a university established in 1988 in Brazil. Universade Positivo has expanded from five undergraduate courses to fifty Bachelor, Degree and Technology courses. 
buyer: Cruzeiro do Sul Educacional S.A.
Cruzeiro do Sul Educacional, established by professors in 1965, in São Paulo, is a Brazilian post-secondary player with strong presence in a high-growth segment, being one of the most diversified and efficient players in Brazil, with extensive market knowledge and strategically located facilities. "
target parent: Grupo Positivo
target: Universidade Positivo
Universidade Positivo is a university established in 1988 in Brazil. Universade Positivo has expanded from five undergraduate courses to fifty Bachelor, Degree and Technology courses.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/13/2019 via BNC Analysis

Emerson College, will acquire Marlboro College

synopsis: Emerson College will acquire Marlboro College and Marlboro students will be admitted to Emerson. Emerson is located in Boston, while Marlboro is located in Vermont. Marlboro College is a private liberal arts college with about 200 students and 35 professors, located on a picturesque 400-acre campus in rural Vermont.
buyer: Emerson College
Emerson is internationally recognized as a premier institution of higher learning devoted to liberal arts, communication, and the arts, with campuses in Boston, Los Angeles, and The Netherlands, and degree-granting programs in Paris, Barcelona, and, beginning Fall 2020, Lugano, Switzerland "
target: Marlboro College
Marlboro College is a private liberal arts college in Marlboro, Vermont. They're a college of about 200 students and 35 professors, located on a picturesque 400-acre campus in rural Vermont.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/30/2019 via BNC Analysis

Henderson State University will be merged with Arkansas State University System,

synopsis: Henderson State University, a public university with a strong liberal arts heritage, will be merged with the Arkansas State University System, an organization that serves 22,238 students on campuses in Arkansas and Queretaro, Mexico, and globally online with a total operating budget of $285 million.
buyer: Arkansas State University System
The Arkansas State University System, based in Little Rock, serves 23,310 students in Arkansas and Queretaro, Mexico. The ASU System includes ASU, with an instructional site in Paragould and degree centers in Beebe, Mountain Home, Blytheville, Forrest City, and West Memphis. "
target: Henderson State University
Founded as a private institution in 1890, Henderson State University has a strong liberal arts heritage that is the base of more than 65 undergraduate and graduate programs, earning the university its status as Arkansas’s public liberal arts university.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/24/2019 via BNC Analysis

Swindon College will be merged with New College Swindon,

synopsis: Swindon College, a further education college offering courses primarily in work related areas, is to merge with New College Swindon, another further and higher education institution. Both colleges are located in Swindon, UK.
buyer: New College Swindon
New College Swindon is a further and higher education institution, founded in 1983 and located in Swindon, England. New College is one of the largest institutions of its type in the country, with around 3,300 16–18-year olds and 2,500 over–19s enrolled in December 2014. "
target: Swindon College
Swindon College is a further education college operating mainly from one site near the town centre. The college offers courses primarily in work related areas and has industry standard facilities in a number of these, including hospitality, construction and engineering.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/23/2019 via BNC Analysis

Athlone Institute of Technology will be merged with Limerick College Of Technology,

synopsis: Ireland-based Athlone Institute of Technology and Limerick Institute of Technology will merge. Athlone Institute of Technology (AIT) offers a wide variety of programmes at undergraduate and postgraduate level. Limerick Institute of Technology (LIT), twice named ‘Sunday Times University Guide’ Institute of the Year. has five campuses in Ireland.
buyer: Limerick College Of Technology
Limerick Institute of Technology (LIT), twice named ‘Sunday Times University Guide’ Institute of the Year, is home to over 6,500 students across five vibrant campuses in Limerick City, Thurles, Clonmel and Ennis in Ireland. "
target: Athlone Institute of Technology
An educational powerhouse defined by a commitment to academic excellence, Athlone Institute of Technology (AIT) has enjoyed considerable successes in the academic arena. AIT offers a wide variety of programmes at undergraduate and postgraduate level, delivered on a full-time and part-time basis.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/23/2019 via BusinessWire

YDUQS, will acquire Adtalem Educacional do Brasil

synopsis: Adtalem Global Education, a leading workforce solutions provider, announced it has signed an agreement to sell its Brazilian portfolio, Adtalem Educacional do Brasil, a global education provider, to YDUQS, the second largest education company in Brazil.
buyer: YDUQS
YDUQS is Brazil's second largest private higher education organization. YDUQS offers graduate, masters, technical courses, and other related programs. YDUQS serves over 570 thousand students through their 10 university centers and 37 higher education schools. "
target parent: Adtalem Global Education Inc.
target: Adtalem Educacional do Brasil
Adtalem Educacional do Brasil is a global education provider. The organization's purpose is to empower students to achieve their goals, find success and make inspiring contributions to our global community. Adtalem Educacional do Brasil currently operates 13 educational institutions nationwide.
price ($mm)
$472
rev ($mm)
$215
EBITDA ($mm)
$47
EV / rev
2.2x
EV / EBITDA
10.1x
announced 9/18/2019 via BNC Analysis

Starcrest Education The Belt & Road Limited, will acquire The London School of Science and Technology Limited

synopsis: Starcrest Education The Belt & Road Limited, the international developer and operator of education services in Europe, has signed a non-legally binding heads of terms to acquire 60% of The London School of Science and Technology Limited, a private management school that offers an open and inclusive education experience in London and the midlands.
buyer: Starcrest Education The Belt & Road Limited (LSE:OBOR:$0.00)
Starcrest Education The Belt & Road Limited is an international developer and operator of education services in Europe. The newly formed entity has been established to seek relevant acquisitions in the international education sector. "
target: The London School of Science and Technology Limited
London School of Science & Technology is a private management School and it was founded in 2003. They are proud to offer an open and inclusive education experience, which is free from barriers to learning, to learners of all levels and backgrounds, with about 2,500 students currently studying.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/13/2019 via BNC Analysis

YDUQS, will acquire UniToledo

synopsis: YDUQS, Brazil's second largest private higher education organization, will acquire UniToledo, a Brazilian college. UniToledo provides higher education services to over 5,300 students in Araçatuba, Brazil. UniToledo offers undergraduate and postgraduate courses for architecture, engineering, business, education, hospitality, and more.
buyer: YDUQS
YDUQS is Brazil's second largest private higher education organization. YDUQS offers graduate, masters, technical courses, and other related programs. YDUQS serves over 570 thousand students through their 10 university centers and 37 higher education schools. "
target: UniToledo
UniToledo is a Brazilian college. UniToledo provides higher education services to over 5,300 students in Araçatuba, Brazil. UniToledo offers undergraduate and postgraduate courses for architecture, engineering, business, education, hospitality, and more.
price ($mm)
$29
rev ($mm)
$11
EBITDA ($mm)
$3
EV / rev
2.8x
EV / EBITDA
9.6x
announced 9/4/2019 via Company Press Release

Cruzeiro do Sul Educacional S.A., will acquire Brazcubas Educação

synopsis: The fifth largest educational group in Brazil, Cruzeiro do Sul Educacional, will purchase Brazcubas. Created 79 years ago, Brazcubas is an important education center located in Greater São Paulo, promoting excellence in teaching with 23 in-person and 28 distance-learning undergraduate courses, as well as over 150 postgraduate courses.
buyer: Cruzeiro do Sul Educacional S.A.
Cruzeiro do Sul Educacional, established by professors in 1965, in São Paulo, is a Brazilian post-secundary player with strong presence in a high-growth segment, being one of the most diversified and efficient players in Brazil, with extensive market knowledge and strategically located facilities. "
target: Brazcubas Educação
Created 79 years ago, Brazcubas is an important education center located in Greater São Paulo, promoting excellence in teaching with 23 in-person and 28 distance-learning undergraduate courses, as well as over 150 postgraduate courses.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/7/2019 via BNC Analysis

University of the Highlands and Islands, acquired Centre for Health Science

synopsis: The University of the Highlands and Islands, an educational institution that provides local access to learning and research relevant to their needs and to those of local employers, has acquired Centre for Health Science, an education institution that offers research, education, training, patient care, and business development in healthcare.
buyer: University of the Highlands and Islands
Based in the UK, University of Highlands and Islands (UHI) provides access to university education through a distinctive educational partnership of colleges and research institutions. UHI provides local access to learning and research relevant to their needs and to those of local employers. "
target parent: Highlands and Islands Enterprise
target: Centre for Health Science
Based in the UK, Centre for Health Science is an education institution that offers research, education, training, patient care, and business development in diabetes and cardiovascular science, proteomics, lipidomics, genetics, and immunology.
price ($mm)
$12
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/7/2019 via BNC Analysis

Anima Educacao, acquired ReAGES

synopsis: Anima Educacao, one of Brazil’s largest private higher education organizations, has acquired ReAGES, a higher education network in Brazil. ReAGES aims to promote the development of the region and to improve the quality of life through education. ReAGES provides education to 5.6 thousand students at 6 facilities throughout Brazil.
buyer: Anima Educacao (BOVESPA:ANIM3:$284.68)
Anima Educacao is one of Brazil’s largest private higher education organizations, both in terms of revenue and the number of enrolled students. It has at least 79,000 students enrolled in classroom courses at 18 campuses located in the states of Minas Gerais and São Paulo. "
target: ReAGES
ReAGES is one of the most important higher education networks in Brazil. ReAGES aims to promote the development of the region and to improve the quality of life through education. ReAGES provides education to 5.6 thousand students at 6 facilities throughout Brazil.
price ($mm)
$39
rev ($mm)
$15
EBITDA ($mm)
$2
EV / rev
3.6x
EV / EBITDA
21.7x
closed 7/24/2019 via BNC Analysis

China YuHua Education Corporation Limited, acquired Shandong Yingcai University

synopsis: YuHua Education, an operator of private schools in China, has acquired a 90% stake in Shandong Yingcai University, one of the largest private universities in China. Shandong Yingcai University provides education to 40,000 students from over 200 cities. They offer 30 undergraduate and 40 diploma courses.
buyer: China YuHua Education Corporation Limited (SEHK:6169:$214.86)
China YuHua Education Corporation Limited has been operating private schools in Henan province of China for over 15 years and is one of the leading private school operators in central China in terms of student enrollment. "
target: Shandong Yingcai University
Shandong Yingcai University is one of the largest private universities in China. Shandong Yingcai University provides education to 40,000 students from over 200 cities. They offer 30 undergraduate and 40 diploma courses, including early childhood education, nursing, computer sciences, and more.
price ($mm)
$217*
rev ($mm)
$67
EBITDA ($mm)
EV / rev
3.6x
EV / EBITDA

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Ticker: NSEI:CAREERP
 
 
 
 
 
 
 
 
Career Point Ltd.
Career Point Limited is a leading Indian education company with strong brand equity of providing quality education since 1993. With a strong foundation of academic excellence, Career Point caters to the needs of a student throughout the life cycle of a student (K.G. to PhD.)
year
2019
rev ($mm)
$14.43
EBITDA ($mm)
$6.02
EBIT ($mm)
$5.40
Net Income ($mm)
$3.68
Employees
606
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Ticker: APOL
 
 
 
 
 
 
 
 
Apollo Education Group Inc.
Apollo Education Group Inc.
Apollo Education Group, Inc., through its subsidiaries, University of Phoenix, Apollo Global, College for Financial Planning, The Iron Yard and Western International University has established itself as a leading provider of higher education programs for working adults.
year
2016
rev ($mm)
$2,000.33
EBITDA ($mm)
$175.52
EBIT ($mm)
$84.83
Net Income ($mm)
Employees
28000
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Ticker: COCO
 
 
 
 
 
 
 
 
Corinthian Colleges, Inc.
Corinthian Colleges, Inc.
Corinthian offers post-secondary education through its Everest, Heald College and WyoTech campuses, as well as online. Program areas include healthcare, business, criminal justice, transportation technology and maintenance, construction trades and information technology.
year
2014
rev ($mm)
$1,480.80
EBITDA ($mm)
$71.40
EBIT ($mm)
$23.50
Net Income ($mm)
Employees
12650
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Ticker: ATGE
 
 
 
 
 
 
 
 
DeVry Education Group
DeVry Education Group
The purpose of DeVry Education Group is to empower its students to achieve their educational and career goals. DeVry Group is a global provider of educational services, with institutions that offer a wide array of programs in healthcare, business, technology, accounting, finance and law.
year
2019
rev ($mm)
$1,231.21
EBITDA ($mm)
$278.74
EBIT ($mm)
$225.92
Net Income ($mm)
$33.77
Employees
7335
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Ticker: ESI
 
 
 
 
 
 
 
 
ITT Educational Services, Inc.
ITT Educational Services, Inc.
ITT Technical Institute is the largest US provider of post-secondary technical education, and offers associate and bachelor degree programs to approximately 61,000 students through more than 100 campuses in 37 states.
year
2013
rev ($mm)
$1,069.98
EBITDA ($mm)
$196.56
EBIT ($mm)
$169.31
Net Income ($mm)
$59.38
Employees
7350
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Ticker: LOPE
 
 
 
 
 
 
 
 
Grand Canyon Education, Inc.
Grand Canyon Education (GCE) is a publicly traded shared services partner dedicated to serving colleges and universities. GCE supports partner institutions' students through operational functions that achieve organizational growth and student success. GCE is a pioneer of the hybrid campus model.
year
2018
rev ($mm)
$939.37
EBITDA ($mm)
$332.49
EBIT ($mm)
$286.95
Net Income ($mm)
$221.74
Employees
4000
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Ticker: ASX:NVT
 
 
 
 
 
 
 
 
Navitas Limited
Navitas Limited
Navitas is a leading global education provider that offers an extensive range of educational services through three major divisions to students and professionals including university programs, creative media education, professional education, English language training and settlement services.
year
2014
rev ($mm)
$750.17
EBITDA ($mm)
$123.97
EBIT ($mm)
$101.35
Net Income ($mm)
$37.50
Employees
1117
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Ticker: BOVESPA:ANIM3
 
 
 
 
 
 
 
 
Anima Educacao
Anima Educacao
Anima Educacao is one of Brazil’s largest private higher education organizations, both in terms of revenue and the number of enrolled students. It has 79,000 students enrolled in classroom courses at 18 campuses located in the states of Minas Gerais and São Paulo.
year
2019
rev ($mm)
$284.68
EBITDA ($mm)
$43.27
EBIT ($mm)
$30.96
Net Income ($mm)
$0.17
Employees
0
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Ticker: SEHK:1765
 
 
 
 
 
 
 
 
Hope Education Group
Hope Education Group
Hope Education Group is the second-largest private higher education group in China. Hope Education Group operates four independent colleges and five junior colleges in China. The group offers services for undergraduate, vocational college, and technical college.
year
2018
rev ($mm)
$149.56
EBITDA ($mm)
$46.45
EBIT ($mm)
$26.00
Net Income ($mm)
$24.39
Employees
5357
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Ticker: BME:PRO
 
 
 
 
 
 
 
 
Universidad Internacional de la Rioja (UNIR)
Universidad Internacional de la Rioja (UNIR)
Founded in 2007 and based in La Rioja, Spain, UNIR (Proeduca Group) is the leading online university for the Spanish language in the world. UNIR caters for more than 32,000 students. UNIR has a presence in Spain and in Argentina, Bolivia, Colombia, Ecuador, Mexico and Peru.
year
2018
rev ($mm)
$124.27
EBITDA ($mm)
$26.62
EBIT ($mm)
$24.32
Net Income ($mm)
$15.64
Employees
1830
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Ticker: SEHK:1890
 
 
 
 
 
 
 
 
China Kepei Education Group Limited
China Kepei Education Group Limited
China Kepei Education Group Limited is a leading provider of private higher education services in South China. China Kepei operates a science and technology vocational school and a polytechnic college. Their schools are committed to providing students with high-quality profession-oriented education.
year
2019
rev ($mm)
$93.79
EBITDA ($mm)
$57.60
EBIT ($mm)
$49.34
Net Income ($mm)
$58.87
Employees
2122
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