Like TargetRBI

closed 4/23/2021 via BNC Analysis

TargetRBI merged with ixamBee,

synopsis: TargetRBI has merged with ixamBee, an online learning platform in India. TargetRBI is an online exam preperation platform in India. TargetRBI helps students to achieve their dream banking and finance job. The platform provides online courses for RBI, NABARD, SEBI, IRDA, SBI and other regulatory body exams.
buyer: ixamBee
ixamBee is an online learning platform in India. ixamBee provides technology-based learning solutions for competitive exams. They help unskilled graduates and undergraduates in preparation of competitive exams for jobs in central government, banks, railways and other competitive exams. "
target: TargetRBI
TargetRBI is an online exam preperation platform in India. TargetRBI helps students to achieve their dream banking and finance job. The platform provides online courses for RBI, NABARD, SEBI, IRDA, SBI and other regulatory body exams.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/30/2020 via BNC Analysis

Unacademy, acquired Kreatryx

synopsis: India's largest education technology platform Unacademy has acquired Kreatryx, a Delhi-based online exam preparation startup. With the acquisition, Kreatryx, whose platform offers services for exams such as GATE and ESE, will continue to operate as a separate brand under the Unacademy Brands umbrella.
buyer: Unacademy
Unacademy is India's largest education platform, offering over 2,400 online lessons and specialised courses to prepare for various competitive exams. Through Unacademy's mobile app, users can attend live classes by top educators and prepare via Live Test Series, Quizzes, Practice Section, and more. "
target: Kreatryx
Kreatryx is an ed-tech start-up in India that provides Top quality GATE Exam training for all through its online products and postal study courses. Kreatryx aims to bridge the gap between a student's performance and potential by providing a platform for personalized learning and self-evaluation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/10/2015 via BNC Analysis

Gateforum Educational Services Private Limited, acquired Testfunda.com

synopsis: Thinkcell Learning Solutions (formerly Gateforum Educational Services) has acquired elearning company Enabilon Learning, which offers its testprep packages through Testfunda.com. TestFunda.com provides online aptitude test preparation, with a focus on MBA and bank test preparation market.
buyer parent: ASK Pravi Capital Advisors Pvt. Ltd
buyer: Gateforum Educational Services Private Limited
Thinkcell Learning Solutions Pvt. Ltd. (formerly Gateforum Educational Services Pvt. Ltd.) is an educational services provider. It offers test preparatory tools for graduate aptitude tests in engineering courses. They are the number 1 institute for preparation for the GATE Exam. "
target: Testfunda.com
With over 500,000 users, TESTfunda.com is the online hub for MBA, Bank and UPSC exam aspirants. They provide complete test preparation for CAT, XAT, IIFT, CMAT, NMAT, SNAP, MH-CET, Bank exams (IBPS PO, IBPS Clerk, SBI PO, SBI Clerk), UPSC CSAT and Campus Recruitment Tests.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/11/2019 via PR Newswire

Interactivation, acquired Med School Tutors

synopsis: Interactivation, a holding company owned by entrepreneurs Joe Covey and Matthew Davidge, has acquired Med School Tutors, the leading medical school tutoring company that helps aspiring physicians succeed in medical school, on their standardized exams, and beyond.
buyer: Interactivation
Interactivation is a holding company owned by Joe Covey and Matthew Davidge. The company focuses on acquiring and operating media, education and health companies. Interactivation likes to buy small “orphan business units” from large companies with revenue of at least $10 million. "
target: Med School Tutors
Med School Tutors is the leading medical school tutoring company offering one-to-one online tutoring for the USMLE, COMLEX, Shelf Exams, Medical Coursework and Admissions and Residency Advisement, as well as consulting services for medical schools.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/31/2019 via BNC Analysis

CERS Group, acquired Ad Verum

synopsis: The CERS Group, a Brazilian company that specializes in online education, has acquired Ad Verum Soporte Educacional, a Brazilian provider of online preparatory courses for public examinations and Brazilian Bar Association (OAB) examinations. Ad Verum offers mock exams, study plans, coaching services, and detailed resources.
buyer: CERS Group
The CERS Group is a Brazilian company that specializes in online education. The group offers courses for legal careers, public examinations, Brazilian Bar Association (OAB) examinations, and post-graduate examinations. CERS has helped over 800,000 students prepare for their exams. "
target: Ad Verum
Ad Verum Suporte Educacional is a Brazilian provider of online preparatory courses for public examinations and Brazilian Bar Association (OAB) examinations. Ad Verum offers mock exams, study plans, coaching services, and detailed resources to help students pass their exams.
price ($mm)
$4.24
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/18/2018 via Company Press Release

IK Investment Partners, acquired Acadomia

synopsis: IK Investment Partners is pleased to announce that it has acquired Domia Group, owner of Acadomia. Acadomia is the leading player in the primary, secondary, higher-education and test-prep tutoring markets (at-home, centres and online) in France.
buyer: IK Investment Partners
IK Investment Partners is a private equity advisory group with Nordic roots. Focused on investing in companies with strong underlying potential, they are proud to support the IK Funds as they partner with management teams and investors to grow businessess. "
target parent: Metric Capital Partners
target: Acadomia
French Acadomia is the leading player in the primary, secondary, higher-education and test-prep tutoring markets (at-home, centres and online). Acadomia has innovated to offer quality learning experiences to more than 1 million families across different geographies, backgrounds, and subjects.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/31/2021 via BNC Analysis

Unacademy, acquired Handa Ka Funda

synopsis: Unacademy, India's largest education platform, has acquired Handa Ka Funda, a leading online course provider in India. Handa Ka Funda has online coaching courses for CAT, XAT, IBPS PO, SBI PO, and other competitive exams. They offer video tutorials, live classes, ebooks, solved examples and a question database to help people pass their exams.
buyer: Unacademy
Unacademy is India's largest education platform, offering over 2,400 online lessons and specialised courses to prepare for various competitive exams. Through Unacademy's mobile app, users can attend live classes by top educators and prepare via Live Test Series, Quizzes, Practice Section, and more. "
target: Handa Ka Funda
Handa Ka Funda is a leading online course provider in India. Handa Ka Funda has online coaching courses for CAT, XAT, IBPS PO, SBI PO, and various other competitive exams. They offer video tutorials, live classes, ebooks, solved examples and a huge question database to help people pass their exams.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/10/2021 via BusinessWire

Arco Platform Limited, acquired Me Salva!

synopsis: Arco Platform Limited announced that it has acquired Me Salva!, an online educational solution that prepares students to be admitted to the best universities in Brazil. Me Salva! was founded in 2011 by Miguel Andorffy with the mission of helping students to improve their ENEM scores and to be admitted to the best universities in the country.
buyer: Arco Platform Limited (ARCE:$168.64)
Brazil-based Arco aims to transform the way students learn. The company's data-driven learning, interactive content, and scalable curriculum allows students to personalize their learning experience with high-quality solutions while enabling schools to provide a broader approach to education. "
target: Me Salva!
Based in Brazil, Me Salva! was founded in 2011 by Miguel Andorffy with the mission of helping students to improve their ENEM (Exame Nacional do Ensino Médio) scores and to be admitted to the best universities in the country. The online solution offers recorded and live video classes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/3/2014 via PR Newswire

Chegg, Inc., acquired InstaEDU, Inc.

synopsis: Chegg, The Student Hub, announced that it has agreed to acquire InstaEDU, a leading on-demand tutoring marketplace. InstaEDU's platform connects students with on-demand tutors in more than 2,500 subjects, ranging from high school and standardized test prep, all the way through advanced college concepts for as little as $0.40 per minute.
buyer: Chegg, Inc. (CHGG:$445.11)
Chegg, the social education platform, is transforming the way millions of students learn by connecting them to the people and tools needed to succeed in college. Students use Chegg for homework help, course selection, note taking, textbook and e-textbook rentals and Daily deals. "
target: InstaEDU, Inc.
InstaEDU makes it easy for any student to instantly connect with a top tutor in an online lesson space. The website combines the effectiveness of face-to-face private tutoring with the convenience and affordability of an online service. InstaEDU was founded in 2011.
price ($mm)
$30
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/23/2019 via BNC Analysis

Varsity Tutors, acquired Veritas Prep

synopsis: Varsity Tutors, the online learning platform that launched in 2007, has announced the acquisition of Veritas Prep. Veritas Prep launched in 2002 with a suite of test prep courses. Over the years, Veritas built out its online live classes as well as a business around admissions consulting.
buyer: Varsity Tutors
Varsity Tutors is a live learning platform that connects students and professionals with personalized instruction to achieve any goal. To date, students have accessed more than two million hours of live instruction on the platform. "
target: Veritas Prep
Veritas Prep launched in 2002 with a suite of test prep courses. Over the years, Veritas built out its online live classes as well as a business around admissions consulting. Veritas Prep is a GMAT preparation center for students.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/25/2020 via BNC Analysis

UpGrad, acquired THE Gate Academy

synopsis: Edtech start-up upGrad has made its entry into the test preparation market by acquiring The Gate Academy (TGA). Bengaluru-based TGA is one of India’s leading coaching institutes with 57 centers across India and 76 million video hours consumed by its almost 2 lakh enrolled learners for GATE and other entrance tests.
buyer: UpGrad
UpGrad is an online higher education platform providing rigorous industry relevant programs designed and delivered in collaboration with world-class faculty and industry. Merging the latest technology, pedagogy and services, UpGrad is creating an immersive learning experience – anytime and anywhere."
target: THE Gate Academy
THE GATE ACADEMY is a premier GATE coaching institute with 50+ centers across India. They are one of the first education institutes in India which leverages technology extensively to provide quality GATE coaching to students.
price ($mm)
rev ($mm)
EBITDA ($mm)
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announced 1/29/2020 via BNC Analysis

Benesse Holdings, Inc., will acquire Study Hacker Co., Ltd.

synopsis: Benesse Holdings Inc., a Japanese company focused on education and publishing, will acquire a 50.1% stake in Study Hacker Co., Ltd., a specialty prep school in Japan. Study Hacker helps students prepare for medical school exams and other difficult university exams. The company also operates English learning centers.
buyer: Benesse Holdings, Inc. (TSE:9783:$4,052.38)
Benesse Holdings, Inc. is a Japanese company focused on education and publishing. Benesse Holdings, Inc. provides, through its subsidiaries, course material, student pocketbooks, magazines, tutoring services, exam prep services, educational equipment, and more. "
target: Study Hacker Co., Ltd.
Study Hacker is a specialty prep school in Japan. Study Hacker helps students prepare for medical school exams and other difficult university exams. The company also operates English learning centers that provide short-term training to help students improve their English.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/25/2010 via BusinessWire

Certiport, Inc., acquired MeasureUp, Inc.

synopsis: Certiport, the leading provider of test delivery services for the global workforce and academic markets, announced they have acquired MeasureUp LLC, the global leader in IT practice tests and assessment services.
buyer parent: Spire Capital Partners, L.P.
buyer: Certiport, Inc.
Certiport is the leading provider of value-added, computerized test delivery services that include an expansive network of Certiport testing centers worldwide. Its comprehensive services encompass test development, psychometrics, program management, sales and marketing. "
target: MeasureUp, Inc.
MeasureUp is an assessment and certification practice test company, providing the necessary tools to reinforce learning and validate knowledge. MeasureUp assessment and practice test customers include a broad range of companies and higher-education learning institutes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/7/2021 via BNC Analysis

Byju's, acquired Aakash Educational Services Limited

synopsis: Edtech company Byju’s has acquired education institution Aakash Educational Services Ltd (AESL), as it looks to boost its presence in the test preparation segment. Aakash provides comprehensive test preparatory services to students preparing for medical and engineering entrance exams, school/board exams, and more.
buyer: Byju's
Based in India, Byju’s is India’s largest Ed-tech company and the creator of India’s largest K12 learning app which offers highly adaptive, engaging and effective learning programs for students in classes 4-12 (K-12) and competitive exams like JEE, NEET, CAT, IAS, GRE and GMAT. "
target: Aakash Educational Services Limited
Aakash is a leading educational institution in India. Aakash provides comprehensive test preparatory services to students preparing for medical and engineering entrance exams, school/board exams, KVPY, NTSE, Olympiads and other Foundation level exams.
price ($mm)
$950
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/11/2018 via PR Newswire

China Distance Education Holdings Limited, will acquire Ruida Education

synopsis: China Distance Education Holdings Limited (CDEL), a leading provider of online education in China focusing on professional education, will increase its stake in Ruida Education from 40% to 51%. Ruida Education is a Chinese company that provides exam preparation services and products for participants in China's national judicial examination.
buyer: China Distance Education Holdings Limited (DL:$223.74)
China Distance Education Holdings Limited (CDEL) is a leading provider of online education in China focusing on professional education. Their courses are designed to help professionals seeking to obtain and maintain professional licenses and to enhance their job skills. "
target: Ruida Education
Ruida Education is a Chinese company that provides exam preparation services and products, including proprietary books and reference materials, for participants in China's national judicial examination. Ruida delivers services and products at six campuses in China and through its online platform.
price ($mm)
$7.95*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/16/2017 via BNC Analysis

Tanaka Gakushukai, acquired Akasaka Gakuin Co., Ltd.

synopsis: Alternative asset investment firm CLSA Capital Partners-backed Japanese school operator KK BC Ings (Tanaka Gakushukai) has acquired a fellow Japanese medical school preparation school Aksaka Gakuin in a bolt-on acquisition.
buyer parent: CITIC Securities Company Limited
buyer: Tanaka Gakushukai
Founded in 1990 by Hiroki Tanaka, BC Ings operates 68 cram schools for elementary, junior high and high school students under the brand “Tanaka Gakushukai”, which is synonymous with high-quality education. "
target: Akasaka Gakuin Co., Ltd.
Akasaka Gakuin is a preparatory school for students specialized in examination in the medical department of Fukuoka (dentistry department / pharmaceutical department).
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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announced 12/17/2014 via BusinessWire

DeVry Brasil, will acquire Damasio Educacional SA

synopsis: DeVry Inc., a global provider of educational services, announced that DeVry Brasil has signed a definitive agreement to acquire Damásio Educacional. Damásio is a leader in bar exam test preparation and a high quality provider of undergraduate and graduate law programs. Damásio serves more than 50,000 students.
buyer parent: DeVry Inc.
buyer: DeVry Brasil
DeVry Brasil currently operates nine educational institutions. Together, these institutions provide services to over 36,000 students across 15 campuses and offer more than 170 undergraduate and graduate programs in the areas of business, healthcare, law, engineering and technology. "
target: Damasio Educacional SA
Damásio Educacional is a leader in bar exam test preparation and a high quality provider of undergraduate and graduate law programs. Damásio has a 44-year history in Brazil and serves more than 50,000 students through a network of approximately 220 learning centers and through distance learning.
price ($mm)
rev ($mm)
$50
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 10/20/2006 via BusinessWire

Kaplan Test Prep and Admissions, acquired Multistate Legal Studies, Inc.

synopsis: Kaplan, the international education firm, has acquired PMBR, a nationwide provider of test preparation for the multistate bar examination. PMBR, provides test prep courses, tutorials and workshops for the MBE, a uniform national 200 question multiple-choice exam that is part of most state bar exams.
buyer parent: The Washington Post Company
buyer: Kaplan Test Prep and Admissions
Kaplan Test Prep and Admissions, a division of Kaplan, Inc., is a premier provider of educational and career services for individuals, schools and businesses. Established in 1938, Kaplan is the world leader in the test prep industry. "
target: Multistate Legal Studies, Inc.
PMBR is a leading provider of review courses to law students preparing for the Multistate Bar Examination (MBE) section of the bar exam. PMBR is the most comprehensive and largest provider of test preparation courses, texts and software serving the MBE, and serves all 50 states.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/13/2017 via BusinessWire

Excelligence Learning Corporation, acquired Childcare Education Institute

synopsis: Excelligence Learning Corporation, a leading provider of educational tools and solutions to early childhood and elementary school teachers and parents, has acquired ChildCare Education Institute (CCEI). CCEI is a leading provider of online professional development and data systems for the early child care and education market.
buyer parent: Brentwood Associates
buyer: Excelligence Learning Corporation (:$109.90)
Excelligence Learning Corporation is a leading developer, manufacturer, distributor, and multi-channel retailer of over 20,000 innovative, high-quality and grade-appropriate educational products and teaching solutions. The company has three core divisions: Supplies, Equipment, and Services. "
target: Childcare Education Institute
ChildCare Education Institute (CCEI) provides online professional development & training & education certificates to the early childhood market. CCEI offers programs across an array of early childhood settings, including preschool centers, family child care, prekindergarten classrooms & more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/22/2019 via BusinessWire

Manhattan Review, acquired Get Prepped

synopsis: Manhattan Review, a premier global provider of college and graduate school admissions test preparation, announced that it has acquired all assets of leading LSAT prep provider Get Prepped. Founded in 1999, Get Prepped is a nationwide leader in LSAT preparatory services and offers courses as well as private tutoring and online LSAT review courses.
buyer: Manhattan Review
Manhattan Review, Inc. is a multi-national test prep firm. Founded in 1999, Manhattan Review is the oldest and most prestigious test prep company of its kind in New York City. "
target: Get Prepped
Founded in 1999, Get Prepped is a nationwide leader in LSAT preparatory services and offers courses as well as private tutoring and online LSAT review courses.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/23/2021 via BNC Analysis

TargetRBI merged with ixamBee,

synopsis: TargetRBI has merged with ixamBee, an online learning platform in India. TargetRBI is an online exam preperation platform in India. TargetRBI helps students to achieve their dream banking and finance job. The platform provides online courses for RBI, NABARD, SEBI, IRDA, SBI and other regulatory body exams.
buyer: ixamBee
ixamBee is an online learning platform in India. ixamBee provides technology-based learning solutions for competitive exams. They help unskilled graduates and undergraduates in preparation of competitive exams for jobs in central government, banks, railways and other competitive exams. "
target: TargetRBI
TargetRBI is an online exam preperation platform in India. TargetRBI helps students to achieve their dream banking and finance job. The platform provides online courses for RBI, NABARD, SEBI, IRDA, SBI and other regulatory body exams.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/23/2021 via BNC Analysis

TargetRBI merged with ixamBee,

synopsis: TargetRBI has merged with ixamBee, an online learning platform in India. TargetRBI is an online exam preperation platform in India. TargetRBI helps students to achieve their dream banking and finance job. The platform provides online courses for RBI, NABARD, SEBI, IRDA, SBI and other regulatory body exams.
buyer: ixamBee
ixamBee is an online learning platform in India. ixamBee provides technology-based learning solutions for competitive exams. They help unskilled graduates and undergraduates in preparation of competitive exams for jobs in central government, banks, railways and other competitive exams. "
target: TargetRBI
TargetRBI is an online exam preperation platform in India. TargetRBI helps students to achieve their dream banking and finance job. The platform provides online courses for RBI, NABARD, SEBI, IRDA, SBI and other regulatory body exams.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/23/2021 via BNC Analysis

TargetRBI merged with ixamBee,

synopsis: TargetRBI has merged with ixamBee, an online learning platform in India. TargetRBI is an online exam preperation platform in India. TargetRBI helps students to achieve their dream banking and finance job. The platform provides online courses for RBI, NABARD, SEBI, IRDA, SBI and other regulatory body exams.
buyer: ixamBee
ixamBee is an online learning platform in India. ixamBee provides technology-based learning solutions for competitive exams. They help unskilled graduates and undergraduates in preparation of competitive exams for jobs in central government, banks, railways and other competitive exams. "
target: TargetRBI
TargetRBI is an online exam preperation platform in India. TargetRBI helps students to achieve their dream banking and finance job. The platform provides online courses for RBI, NABARD, SEBI, IRDA, SBI and other regulatory body exams.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/30/2020 via BNC Analysis

Unacademy, acquired Kreatryx

synopsis: India's largest education technology platform Unacademy has acquired Kreatryx, a Delhi-based online exam preparation startup. With the acquisition, Kreatryx, whose platform offers services for exams such as GATE and ESE, will continue to operate as a separate brand under the Unacademy Brands umbrella.
buyer: Unacademy
Unacademy is India's largest education platform, offering over 2,400 online lessons and specialised courses to prepare for various competitive exams. Through Unacademy's mobile app, users can attend live classes by top educators and prepare via Live Test Series, Quizzes, Practice Section, and more. "
target: Kreatryx
Kreatryx is an ed-tech start-up in India that provides Top quality GATE Exam training for all through its online products and postal study courses. Kreatryx aims to bridge the gap between a student's performance and potential by providing a platform for personalized learning and self-evaluation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/10/2015 via BNC Analysis

Gateforum Educational Services Private Limited, acquired Testfunda.com

synopsis: Thinkcell Learning Solutions (formerly Gateforum Educational Services) has acquired elearning company Enabilon Learning, which offers its testprep packages through Testfunda.com. TestFunda.com provides online aptitude test preparation, with a focus on MBA and bank test preparation market.
buyer parent: ASK Pravi Capital Advisors Pvt. Ltd
buyer: Gateforum Educational Services Private Limited
Thinkcell Learning Solutions Pvt. Ltd. (formerly Gateforum Educational Services Pvt. Ltd.) is an educational services provider. It offers test preparatory tools for graduate aptitude tests in engineering courses. They are the number 1 institute for preparation for the GATE Exam. "
target: Testfunda.com
With over 500,000 users, TESTfunda.com is the online hub for MBA, Bank and UPSC exam aspirants. They provide complete test preparation for CAT, XAT, IIFT, CMAT, NMAT, SNAP, MH-CET, Bank exams (IBPS PO, IBPS Clerk, SBI PO, SBI Clerk), UPSC CSAT and Campus Recruitment Tests.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/11/2019 via PR Newswire

Interactivation, acquired Med School Tutors

synopsis: Interactivation, a holding company owned by entrepreneurs Joe Covey and Matthew Davidge, has acquired Med School Tutors, the leading medical school tutoring company that helps aspiring physicians succeed in medical school, on their standardized exams, and beyond.
buyer: Interactivation
Interactivation is a holding company owned by Joe Covey and Matthew Davidge. The company focuses on acquiring and operating media, education and health companies. Interactivation likes to buy small “orphan business units” from large companies with revenue of at least $10 million. "
target: Med School Tutors
Med School Tutors is the leading medical school tutoring company offering one-to-one online tutoring for the USMLE, COMLEX, Shelf Exams, Medical Coursework and Admissions and Residency Advisement, as well as consulting services for medical schools.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/31/2019 via BNC Analysis

CERS Group, acquired Ad Verum

synopsis: The CERS Group, a Brazilian company that specializes in online education, has acquired Ad Verum Soporte Educacional, a Brazilian provider of online preparatory courses for public examinations and Brazilian Bar Association (OAB) examinations. Ad Verum offers mock exams, study plans, coaching services, and detailed resources.
buyer: CERS Group
The CERS Group is a Brazilian company that specializes in online education. The group offers courses for legal careers, public examinations, Brazilian Bar Association (OAB) examinations, and post-graduate examinations. CERS has helped over 800,000 students prepare for their exams. "
target: Ad Verum
Ad Verum Suporte Educacional is a Brazilian provider of online preparatory courses for public examinations and Brazilian Bar Association (OAB) examinations. Ad Verum offers mock exams, study plans, coaching services, and detailed resources to help students pass their exams.
price ($mm)
$4.24
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/18/2018 via Company Press Release

IK Investment Partners, acquired Acadomia

synopsis: IK Investment Partners is pleased to announce that it has acquired Domia Group, owner of Acadomia. Acadomia is the leading player in the primary, secondary, higher-education and test-prep tutoring markets (at-home, centres and online) in France.
buyer: IK Investment Partners
IK Investment Partners is a private equity advisory group with Nordic roots. Focused on investing in companies with strong underlying potential, they are proud to support the IK Funds as they partner with management teams and investors to grow businessess. "
target parent: Metric Capital Partners
target: Acadomia
French Acadomia is the leading player in the primary, secondary, higher-education and test-prep tutoring markets (at-home, centres and online). Acadomia has innovated to offer quality learning experiences to more than 1 million families across different geographies, backgrounds, and subjects.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/31/2021 via BNC Analysis

Unacademy, acquired Handa Ka Funda

synopsis: Unacademy, India's largest education platform, has acquired Handa Ka Funda, a leading online course provider in India. Handa Ka Funda has online coaching courses for CAT, XAT, IBPS PO, SBI PO, and other competitive exams. They offer video tutorials, live classes, ebooks, solved examples and a question database to help people pass their exams.
buyer: Unacademy
Unacademy is India's largest education platform, offering over 2,400 online lessons and specialised courses to prepare for various competitive exams. Through Unacademy's mobile app, users can attend live classes by top educators and prepare via Live Test Series, Quizzes, Practice Section, and more. "
target: Handa Ka Funda
Handa Ka Funda is a leading online course provider in India. Handa Ka Funda has online coaching courses for CAT, XAT, IBPS PO, SBI PO, and various other competitive exams. They offer video tutorials, live classes, ebooks, solved examples and a huge question database to help people pass their exams.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/10/2021 via BusinessWire

Arco Platform Limited, acquired Me Salva!

synopsis: Arco Platform Limited announced that it has acquired Me Salva!, an online educational solution that prepares students to be admitted to the best universities in Brazil. Me Salva! was founded in 2011 by Miguel Andorffy with the mission of helping students to improve their ENEM scores and to be admitted to the best universities in the country.
buyer: Arco Platform Limited (ARCE:$168.64)
Brazil-based Arco aims to transform the way students learn. The company's data-driven learning, interactive content, and scalable curriculum allows students to personalize their learning experience with high-quality solutions while enabling schools to provide a broader approach to education. "
target: Me Salva!
Based in Brazil, Me Salva! was founded in 2011 by Miguel Andorffy with the mission of helping students to improve their ENEM (Exame Nacional do Ensino Médio) scores and to be admitted to the best universities in the country. The online solution offers recorded and live video classes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/3/2014 via PR Newswire

Chegg, Inc., acquired InstaEDU, Inc.

synopsis: Chegg, The Student Hub, announced that it has agreed to acquire InstaEDU, a leading on-demand tutoring marketplace. InstaEDU's platform connects students with on-demand tutors in more than 2,500 subjects, ranging from high school and standardized test prep, all the way through advanced college concepts for as little as $0.40 per minute.
buyer: Chegg, Inc. (CHGG:$445.11)
Chegg, the social education platform, is transforming the way millions of students learn by connecting them to the people and tools needed to succeed in college. Students use Chegg for homework help, course selection, note taking, textbook and e-textbook rentals and Daily deals. "
target: InstaEDU, Inc.
InstaEDU makes it easy for any student to instantly connect with a top tutor in an online lesson space. The website combines the effectiveness of face-to-face private tutoring with the convenience and affordability of an online service. InstaEDU was founded in 2011.
price ($mm)
$30
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/23/2019 via BNC Analysis

Varsity Tutors, acquired Veritas Prep

synopsis: Varsity Tutors, the online learning platform that launched in 2007, has announced the acquisition of Veritas Prep. Veritas Prep launched in 2002 with a suite of test prep courses. Over the years, Veritas built out its online live classes as well as a business around admissions consulting.
buyer: Varsity Tutors
Varsity Tutors is a live learning platform that connects students and professionals with personalized instruction to achieve any goal. To date, students have accessed more than two million hours of live instruction on the platform. "
target: Veritas Prep
Veritas Prep launched in 2002 with a suite of test prep courses. Over the years, Veritas built out its online live classes as well as a business around admissions consulting. Veritas Prep is a GMAT preparation center for students.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/25/2020 via BNC Analysis

UpGrad, acquired THE Gate Academy

synopsis: Edtech start-up upGrad has made its entry into the test preparation market by acquiring The Gate Academy (TGA). Bengaluru-based TGA is one of India’s leading coaching institutes with 57 centers across India and 76 million video hours consumed by its almost 2 lakh enrolled learners for GATE and other entrance tests.
buyer: UpGrad
UpGrad is an online higher education platform providing rigorous industry relevant programs designed and delivered in collaboration with world-class faculty and industry. Merging the latest technology, pedagogy and services, UpGrad is creating an immersive learning experience – anytime and anywhere."
target: THE Gate Academy
THE GATE ACADEMY is a premier GATE coaching institute with 50+ centers across India. They are one of the first education institutes in India which leverages technology extensively to provide quality GATE coaching to students.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/29/2020 via BNC Analysis

Benesse Holdings, Inc., will acquire Study Hacker Co., Ltd.

synopsis: Benesse Holdings Inc., a Japanese company focused on education and publishing, will acquire a 50.1% stake in Study Hacker Co., Ltd., a specialty prep school in Japan. Study Hacker helps students prepare for medical school exams and other difficult university exams. The company also operates English learning centers.
buyer: Benesse Holdings, Inc. (TSE:9783:$4,052.38)
Benesse Holdings, Inc. is a Japanese company focused on education and publishing. Benesse Holdings, Inc. provides, through its subsidiaries, course material, student pocketbooks, magazines, tutoring services, exam prep services, educational equipment, and more. "
target: Study Hacker Co., Ltd.
Study Hacker is a specialty prep school in Japan. Study Hacker helps students prepare for medical school exams and other difficult university exams. The company also operates English learning centers that provide short-term training to help students improve their English.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/25/2010 via BusinessWire

Certiport, Inc., acquired MeasureUp, Inc.

synopsis: Certiport, the leading provider of test delivery services for the global workforce and academic markets, announced they have acquired MeasureUp LLC, the global leader in IT practice tests and assessment services.
buyer parent: Spire Capital Partners, L.P.
buyer: Certiport, Inc.
Certiport is the leading provider of value-added, computerized test delivery services that include an expansive network of Certiport testing centers worldwide. Its comprehensive services encompass test development, psychometrics, program management, sales and marketing. "
target: MeasureUp, Inc.
MeasureUp is an assessment and certification practice test company, providing the necessary tools to reinforce learning and validate knowledge. MeasureUp assessment and practice test customers include a broad range of companies and higher-education learning institutes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/7/2021 via BNC Analysis

Byju's, acquired Aakash Educational Services Limited

synopsis: Edtech company Byju’s has acquired education institution Aakash Educational Services Ltd (AESL), as it looks to boost its presence in the test preparation segment. Aakash provides comprehensive test preparatory services to students preparing for medical and engineering entrance exams, school/board exams, and more.
buyer: Byju's
Based in India, Byju’s is India’s largest Ed-tech company and the creator of India’s largest K12 learning app which offers highly adaptive, engaging and effective learning programs for students in classes 4-12 (K-12) and competitive exams like JEE, NEET, CAT, IAS, GRE and GMAT. "
target: Aakash Educational Services Limited
Aakash is a leading educational institution in India. Aakash provides comprehensive test preparatory services to students preparing for medical and engineering entrance exams, school/board exams, KVPY, NTSE, Olympiads and other Foundation level exams.
price ($mm)
$950
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/11/2018 via PR Newswire

China Distance Education Holdings Limited, will acquire Ruida Education

synopsis: China Distance Education Holdings Limited (CDEL), a leading provider of online education in China focusing on professional education, will increase its stake in Ruida Education from 40% to 51%. Ruida Education is a Chinese company that provides exam preparation services and products for participants in China's national judicial examination.
buyer: China Distance Education Holdings Limited (DL:$223.74)
China Distance Education Holdings Limited (CDEL) is a leading provider of online education in China focusing on professional education. Their courses are designed to help professionals seeking to obtain and maintain professional licenses and to enhance their job skills. "
target: Ruida Education
Ruida Education is a Chinese company that provides exam preparation services and products, including proprietary books and reference materials, for participants in China's national judicial examination. Ruida delivers services and products at six campuses in China and through its online platform.
price ($mm)
$7.95*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/16/2017 via BNC Analysis

Tanaka Gakushukai, acquired Akasaka Gakuin Co., Ltd.

synopsis: Alternative asset investment firm CLSA Capital Partners-backed Japanese school operator KK BC Ings (Tanaka Gakushukai) has acquired a fellow Japanese medical school preparation school Aksaka Gakuin in a bolt-on acquisition.
buyer parent: CITIC Securities Company Limited
buyer: Tanaka Gakushukai
Founded in 1990 by Hiroki Tanaka, BC Ings operates 68 cram schools for elementary, junior high and high school students under the brand “Tanaka Gakushukai”, which is synonymous with high-quality education. "
target: Akasaka Gakuin Co., Ltd.
Akasaka Gakuin is a preparatory school for students specialized in examination in the medical department of Fukuoka (dentistry department / pharmaceutical department).
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/17/2014 via BusinessWire

DeVry Brasil, will acquire Damasio Educacional SA

synopsis: DeVry Inc., a global provider of educational services, announced that DeVry Brasil has signed a definitive agreement to acquire Damásio Educacional. Damásio is a leader in bar exam test preparation and a high quality provider of undergraduate and graduate law programs. Damásio serves more than 50,000 students.
buyer parent: DeVry Inc.
buyer: DeVry Brasil
DeVry Brasil currently operates nine educational institutions. Together, these institutions provide services to over 36,000 students across 15 campuses and offer more than 170 undergraduate and graduate programs in the areas of business, healthcare, law, engineering and technology. "
target: Damasio Educacional SA
Damásio Educacional is a leader in bar exam test preparation and a high quality provider of undergraduate and graduate law programs. Damásio has a 44-year history in Brazil and serves more than 50,000 students through a network of approximately 220 learning centers and through distance learning.
price ($mm)
rev ($mm)
$50
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 10/20/2006 via BusinessWire

Kaplan Test Prep and Admissions, acquired Multistate Legal Studies, Inc.

synopsis: Kaplan, the international education firm, has acquired PMBR, a nationwide provider of test preparation for the multistate bar examination. PMBR, provides test prep courses, tutorials and workshops for the MBE, a uniform national 200 question multiple-choice exam that is part of most state bar exams.
buyer parent: The Washington Post Company
buyer: Kaplan Test Prep and Admissions
Kaplan Test Prep and Admissions, a division of Kaplan, Inc., is a premier provider of educational and career services for individuals, schools and businesses. Established in 1938, Kaplan is the world leader in the test prep industry. "
target: Multistate Legal Studies, Inc.
PMBR is a leading provider of review courses to law students preparing for the Multistate Bar Examination (MBE) section of the bar exam. PMBR is the most comprehensive and largest provider of test preparation courses, texts and software serving the MBE, and serves all 50 states.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/13/2017 via BusinessWire

Excelligence Learning Corporation, acquired Childcare Education Institute

synopsis: Excelligence Learning Corporation, a leading provider of educational tools and solutions to early childhood and elementary school teachers and parents, has acquired ChildCare Education Institute (CCEI). CCEI is a leading provider of online professional development and data systems for the early child care and education market.
buyer parent: Brentwood Associates
buyer: Excelligence Learning Corporation (:$109.90)
Excelligence Learning Corporation is a leading developer, manufacturer, distributor, and multi-channel retailer of over 20,000 innovative, high-quality and grade-appropriate educational products and teaching solutions. The company has three core divisions: Supplies, Equipment, and Services. "
target: Childcare Education Institute
ChildCare Education Institute (CCEI) provides online professional development & training & education certificates to the early childhood market. CCEI offers programs across an array of early childhood settings, including preschool centers, family child care, prekindergarten classrooms & more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/22/2019 via BusinessWire

Manhattan Review, acquired Get Prepped

synopsis: Manhattan Review, a premier global provider of college and graduate school admissions test preparation, announced that it has acquired all assets of leading LSAT prep provider Get Prepped. Founded in 1999, Get Prepped is a nationwide leader in LSAT preparatory services and offers courses as well as private tutoring and online LSAT review courses.
buyer: Manhattan Review
Manhattan Review, Inc. is a multi-national test prep firm. Founded in 1999, Manhattan Review is the oldest and most prestigious test prep company of its kind in New York City. "
target: Get Prepped
Founded in 1999, Get Prepped is a nationwide leader in LSAT preparatory services and offers courses as well as private tutoring and online LSAT review courses.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like TargetRBI


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TargetRBI

Kreatryx

Testfunda.com

Med School Tutors

Ad Verum

Acadomia

Handa Ka Funda

Me Salva!

InstaEDU, Inc.

Veritas Prep

THE Gate Academy

Study Hacker Co., Ltd.

MeasureUp, Inc.

Aakash Educational Services Limited

Ruida Education

Akasaka Gakuin Co., Ltd.

Damasio Educacional SA

Multistate Legal Studies, Inc.

Childcare Education Institute

Get Prepped

read more

TargetRBI

read more

TargetRBI

read more

TargetRBI

Kreatryx

Testfunda.com

Med School Tutors

Ad Verum

Acadomia

Handa Ka Funda

Me Salva!

InstaEDU, Inc.

Veritas Prep

THE Gate Academy

Study Hacker Co., Ltd.

MeasureUp, Inc.

Aakash Educational Services Limited

Ruida Education

Akasaka Gakuin Co., Ltd.

Damasio Educacional SA

Multistate Legal Studies, Inc.

Childcare Education Institute

Get Prepped

Geography
Matching Companies
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: CEU
 
 
 
 
 
 
 
 
China Education Alliance, Inc.
China Education Alliance, Inc.
China Education Alliance, Inc. is a fast-growing, leading, China-based company offering high-quality education resources and services to students ages 6 to 18 and adults (university students and professionals) ages 18 and over.
year
2010
rev ($mm)
$46.27
EBITDA ($mm)
$18.27
EBIT ($mm)
$16.58
Net Income ($mm)
$15.26
Employees
409
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Ticker: BSE:540403
 
 
 
 
 
 
 
 
CL Educate Limited
CL Educate Limited
CL Educate Limited (CL), is India’s leading education & knowledge services provider. CL Educate operates through two segments, which include Education and training program (including sale of study material) and Vocational training.
year
2016
rev ($mm)
$43.09
EBITDA ($mm)
$6.20
EBIT ($mm)
$5.08
Net Income ($mm)
$3.64
Employees
376
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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
  • drill down
  • watch
Ticker: CEU
 
 
 
 
 
 
 
 
China Education Alliance, Inc.
China Education Alliance, Inc.
China Education Alliance, Inc. is a fast-growing, leading, China-based company offering high-quality education resources and services to students ages 6 to 18 and adults (university students and professionals) ages 18 and over.
year
2010
rev ($mm)
$46.27
EBITDA ($mm)
$18.27
EBIT ($mm)
$16.58
Net Income ($mm)
$15.26
Employees
409
  • drill down
  • watch
Ticker: BSE:540403
 
 
 
 
 
 
 
 
CL Educate Limited
CL Educate Limited
CL Educate Limited (CL), is India’s leading education & knowledge services provider. CL Educate operates through two segments, which include Education and training program (including sale of study material) and Vocational training.
year
2016
rev ($mm)
$43.09
EBITDA ($mm)
$6.20
EBIT ($mm)
$5.08
Net Income ($mm)
$3.64
Employees
376
  • drill down
  • watch