Like Blackboard Inc.

announced 9/14/2021 via PR Newswire

Blackboard Inc. will be merged with Anthology Inc.,

See 411 Comparable Transactions
synopsis: Blackboard, a leading global EdTech software and solutions company, will merge with Anthology, a leading provider of proven higher education solutions that support the entire learner lifecycle. The combination will create the most comprehensive and modern EdTech ecosystem available on a global scale.
buyer parent: Veritas Capital
buyer: Anthology Inc.
Anthology a leading provider of proven higher education solutions that support the entire learner lifecycle. Its solutions create operational efficiencies, provide intelligence for staff and administrators, and empower institutional leaders to support and guide students on a path to success. "
 target parent: Providence Equity Partners Inc.
target: Blackboard Inc. (BBBB:$447.32)
Blackboard is a leading EdTech company, serving higher education, K-12, business and government clients around the world. Blackboard connects a deep understanding of education with the power of technology to continuously push the boundaries of learning.
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closed 9/21/2021 via BNC Analysis

Eupheus Learning, acquired ClassKlap Private Limited

See 344 Comparable Transactions
synopsis: Eupheus Learning, a business-to-business (B2B) edtech startup, on said it has acquired student personalization startup ClassKlap. Bengaluru-based ClassKlap, which also operates in the B2B edtech segment, is a school-based personalized curriculum programme adopted by more than 800 affordable private schools across India.
buyer: Eupheus Learning
Eupheus Learning is a Delhi based EdTech firm aiming to bridge the gap between in-class and at-home learning by offering pedagogically differentiated, technology-led solutions in the K-12 space. "
 target: ClassKlap Private Limited
Bengaluru-based ClassKlap, which also operates in the B2B edtech segment, is a school-based personalized curriculum programme adopted by more than 800 affordable private schools across India.
price ($mm)
$19
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closed 9/2/2021 via BusinessWire

Francisco Partners Management LLC, acquired Follett Software Company

See 135 Comparable Transactions
synopsis: Follett Corporation announced the sale of Follett School Solutions (FSS), the company’s K-12 software and content division, to Francisco Partners, a leading technology-focused global investment firm.
buyer: Francisco Partners Management LLC
Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. Francisco Partners has raised approximately $25 billion in committed capital and invested in more than 300 technology companies. "
 target parent: Follett Corporation
target: Follett Software Company
Follett School Solutions is the largest provider of educational materials and technology solutions to PreK-12 libraries, classrooms, learning centers and school districts in the United States, and a major supplier to educational institutions worldwide.
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closed 7/20/2021 via GlobeNewswire

Vector Solutions, purchased Higher Education Business from EverFi, Inc.

See 47 Comparable Transactions
synopsis: Vector Solutions, the leading provider of industry-focused software solutions for training, risk management, safety, and prevention, has acquired EVERFI’s higher education business. This segment of EVERFI’s business includes its highly-regarded online training catalog for colleges and universities and the Campus Prevention Network (CPN).
buyer parent: Genstar Capital LLC
buyer: Vector Solutions
Vector Solutions, a leader in eLearning and performance support, provides award-winning SaaS solutions for the engineering, construction, IT and education industries. Its brands deliver training, technology and performance management solutions using the latest innovations in learning and technology."
 seller: EverFi, Inc.
The acquisition includes EVERFI’s Higher Education and Campus Prevention Network Business. This segment of EVERFI’s business includes its highly-regarded online training catalog for colleges and universities and the Campus Prevention Network (CPN).
price ($mm)
$100
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closed 7/20/2021 via GlobeNewswire

Vector Solutions, purchased Higher Education Business from EverFi, Inc.

See 47 Comparable Transactions
synopsis: Vector Solutions, the leading provider of industry-focused software solutions for training, risk management, safety, and prevention, has acquired EVERFI’s higher education business. This segment of EVERFI’s business includes its highly-regarded online training catalog for colleges and universities and the Campus Prevention Network (CPN).
buyer parent: Genstar Capital LLC
buyer: Vector Solutions
Vector Solutions, a leader in eLearning and performance support, provides award-winning SaaS solutions for the engineering, construction, IT and education industries. Its brands deliver training, technology and performance management solutions using the latest innovations in learning and technology."
 seller: EverFi, Inc.
The acquisition includes EVERFI’s Higher Education and Campus Prevention Network Business. This segment of EVERFI’s business includes its highly-regarded online training catalog for colleges and universities and the Campus Prevention Network (CPN).
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$100
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announced 7/19/2021 via Company Press Release

DreamBox Learning, will acquire Reading Plus

See 39 Comparable Transactions
synopsis: DreamBox Learning, the leading education technology provider that in 2006 pioneered intelligent adaptive learning, announced it has signed a definitive agreement to acquire Reading Plus, an evidence-based online reading program for grades 3-12 designed to help students boost their literacy skills and reading confidence.
buyer: DreamBox Learning
DreamBox Learning, founded in 2006 in Bellevue, Washington, is the only K-8 digital math program powered by students, built by and for educators. DreamBox dynamically adapts and differentiates in real time based not only on students’ answers, but also on how they solve problems. "
 target: Reading Plus
Reading Plus is an evidence-based, online program that provides personalized instruction and intervention for students, improving reading proficiency by 2.5 grade levels in a single school year. The adaptive literacy program develops fluency, comprehension, and vocabulary.
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closed 4/13/2021 via Company Press Release

Main Capital Partners BV, acquired Paragin B.V.

See 313 Comparable Transactions
synopsis: Netherlands-based Main Capital has acquired a majority stake in Paragin, a leading Dutch provider of software aimed at competence, knowledge, and talent development for education and (semi-) government. Paragin’s solutions provide active support in testing, certification, and career guidance.
buyer: Main Capital Partners BV
Netherlands-based Main Capital is a strategic investor with an exclusive focus on the software sector in the Benelux, Germany, Austria, Switzerland, and Nordics regions. Within this sector, Main Capital is the most specialized company in management buyouts and later-stage growth capital. "
 target: Paragin B.V.
Netherlands-based Paragin develops software aimed at competence, knowledge, and talent development for large and small organizations in education and business. Their products range from software for testing and examining to an e-learning platform, certification, career development, and ePortfolios.
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closed 10/28/2020 via BNC Analysis

Coderise, acquired Bomberbot

See 53 Comparable Transactions
synopsis: Coderise, an organization focused on providing upward social mobility to the underprivileged communities through software programming education, has acquired Bomberbot. The Bomberbot program aims to teach middle school students digital skills through an extracurricular program.
buyer: Coderise
Coderise was founded in Florida in 2012 by Andres Barreto. Coderise offers programming bootcamps for teenagers in Latin America, later expanded to offer alternative college education for adults joining forces with Holberton School from Silicon Valley. "
 target: Bomberbot
Bomberbot has brought digital skills to children in the Netherlands through an extensive range of both school programs and after school activities. Their school programs aim to help students develop digital skills through a curriculum for both primary and secondary schools.
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closed 10/27/2020 via Company Press Release

Course Hero, acquired Symbolab

See 48 Comparable Transactions
synopsis: Course Hero, an online learning platform for course-specific study resources, acquired Symbolab, a pioneer in the development of artificial intelligence to help students demystify the most vexing math challenges. Symbolab has been used by over 50 million students to work through and understand one billion questions and explanations in 2020 alone.
buyer: Course Hero
Course Hero is an online platform providing educational resources to help students learn more effectively. Whether exploring new subjects or mastering key topics, Course Hero provides interested learners with the tools they need to achieve their goals. "
 target: Symbolab
Founded by mathematicians and computer scientists in 2011, Symbolab helps students better understand and practice math problems across a range of educational levels and subjects, such as advanced algebra, trigonometry, calculus, chemistry and physics.
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closed 9/14/2020 via BusinessWire

Carnegie Learning, Inc., acquired Scientific Learning Corporation

See 45 Comparable Transactions
synopsis: Scientific Learning Corporation, the leader in evidence-based online reading and language software, announced that it has been acquired by an affiliate of Carnegie Learning, Inc., a leader in artificial intelligence for education and formative assessment.
buyer parent: CIP Capital
buyer: Carnegie Learning, Inc.
Carnegie Learning, Inc. is a provider of curricula, textbooks and math learning software for grades 6-12, written and designed to align to a common core or integrated pathway. "
 target: Scientific Learning Corporation (OTCPK:SCIL:$17.73)
Scientific Learning is a leading SaaS education company that delivers neuroscience-based educational technologies. The company's Fast ForWord® programs cross-train foundational language and cognitive skills necessary for rapid English language development.
price ($mm)
$15
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closed 6/29/2020 via BNC Analysis

GetMyUni, acquired Avagmah

See 313 Comparable Transactions
synopsis: GetMyUni, one of India’s largest college, career and course search platforms, has acquired Avagmah, the fastest growing online education technology service provider in India. Avagmah provides users with access to a world-class education and enables them to study at anytime.
buyer: GetMyUni
GetMyUni is one of India’s largest college, career and course search platforms. GetMyUni empowers students by helping them choose the right college by providing them access to exhaustive college information, data points, student ratings, reviews, forums, and a student connect platform. "
 target: Avagmah
Avagmah is the fastest growing online education technology service provider in India. They help Universities, institutions and distance education providers make higher education more inclusive. Avagmah provides users with access to a world-class education and enables them to study at anytime.
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announced 3/26/2020 via BNC Analysis

Minsheng Education Group, will purchase TCL Educational Web from TCL Corporation

See 313 Comparable Transactions
synopsis: Chinese education services provider Minsheng Education Group is acquiring TCL Educational Web from TCL Technology, an affiliate of state-backed electronics maker TCL Corporation. TCL Educational Web offers online education in China.
buyer: Minsheng Education Group (SEHK:1569:$141.97)
Minsheng Education Group Company Limited is an investment holding company. The Company is principally engaged in the provision of education services in China. The Company provides higher education with the focus on private education of nurturing professionals. "
 seller: TCL Corporation
The acquisition includes TCL Educational Web, which offers online education in China. TCL Corporation is a partially state-owned Chinese multinational electronics company headquartered in Huizhou, Guangdong Province.
price ($mm)
$61
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closed 12/18/2019 via AP - Associated Press

The Source for Learning, Inc., acquired MashPlant

See 361 Comparable Transactions
synopsis: The Source for Learning, the nation’s most established online creator, compiler, and curator of free learning assets, has acquired MashPlant, the only social learning platform that allows students to create, collaborate, learn, and share classroom projects in any digital media format in a certified safe, COPPA-compliant environment.
buyer: The Source for Learning, Inc.
The Source for Learning is the nation’s most established online creator, compiler, and curator of free learning assets. For almost 40 years, they've been building a loyal following of teachers—from novices to classroom veterans—giving them a new perspective on how to teach what they teach. "
 target parent: Big Things Inc.
target: MashPlant
MashPlant is the only social learning platform that allows students to create, collaborate, learn, and share classroom projects in any digital media format in a certified safe, COPPA-compliant environment.
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closed 1/11/2019 via BNC Analysis

StepStone GmbH, acquired Studydrive

See 9 Comparable Transactions
synopsis: StepStone, a leading online job portal in Europe has acquired Studydrive. Studydrive is an E-Learning student platform that connects over 700k students from 100 universities from Germany, Austria and Switzerland. The platform enables students to share their learning materials and connect them with jobs and internship opportunities.
buyer parent: Axel Springer SE
buyer: StepStone GmbH
StepStone is one of the leading online job portals in Europe. Companies can find qualified specialists and executives through their site in a number of European countries. They have millions of visitors per month in Germany alone and is thus one of the most frequented online job portals in Germany. "
 target: Studydrive
Studydrive is an E-Learning student platform that allows over 700k students from 100 universities from Germany, Austria and Switzerland to share their learning materials and lecture notes. They also connect students to jobs and internships once they've finished with their studies.
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closed 1/3/2019 via PR Newswire

Centre Lane Partners, LLC, acquired Turning Technologies, LLC

See 99 Comparable Transactions
synopsis: Centre Lane Partners, a private equity firm focused on making investments in North American middle market companies, has acquired Turning Technologies, the global leader for learning, engagement and assessment solutions.
buyer: Centre Lane Partners, LLC
Centre Lane Partners is a private equity firm focused on making investments in North American middle market companies. Centre Lane targets companies with revenues between $20 and $500 million that have leading market positions and sustainable competitive advantages in their respective niches. "
 target parent: Brockway Moran & Partners Inc.
target: Turning Technologies, LLC
Turning Technologies is the global leader for learning, engagement and assessment solutions. Today, over 20 million response solutions have been delivered to K-12 schools, universities, businesses and government agencies worldwide.
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closed 9/6/2018 via BusinessWire

Carnegie Learning, Inc. merged with New Mountain Learning,

See 59 Comparable Transactions
synopsis: CIP Capital has completed an investment in Carnegie Learning, a leading provider of innovative, research-proven math products and services, and will be merging it with New Mountain Learning (NML), a leading provider of literacy, language and digital competency skills to create a comprehensive, dynamic, and progressive learning technology company.
buyer parent: CIP Capital
buyer: New Mountain Learning
New Mountain Learning is an education company that accelerates student, educator, and institutional success. Their “formula” for effective learning is simple—provide learning solutions that drive student achievement and improve educator effectiveness. "
 target: Carnegie Learning, Inc.
Carnegie Learning is a transformational math education company focused on delivering better math learning to all teachers and students.
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closed 9/3/2018 via BusinessWire

VitalSource Technologies LLC, acquired Acrobatiq

See 313 Comparable Transactions
synopsis: Leading digital content provider VitalSource Technologies LLC has acquired the assets of learning and data analytics platform Acrobatiq, Inc. Acrobatiq's adaptive learning platform, content library, and professional services enable partners to create, deliver, and continuously improve outcomes-based learning experiences.
buyer parent: Ingram Industries
buyer: VitalSource Technologies LLC
VitalSource Technologies LLC, part of Ingram Content Group LLC, is improving the learning experience by making it easier to create and deliver effective and affordable content. VitalSource helps over 1,000 educational content providers create seamless interactive learning experiences. "
 target: Acrobatiq
Acrobatiq is a learning optimization platform built from Carnegie Mellon University’s strengths in learning and data science. Their adaptive learning platform, content library, and professional services enable partners to create, deliver, and continuously improve outcomes-based learning experiences.
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closed 5/30/2018 via BusinessWire

ECS Learning Systems, Inc., acquired PrepWorks

See 53 Comparable Transactions
synopsis: Asteria Education, Inc., DBA ECS Learning Systems, the leading Integrated Standards Prep™ company and developer of STAAR MASTER, announced the acquisition of Miami-based PREPWORKS, a globally recognized leader in education technology and competency-based learning.
buyer parent: Asteria Education, Inc.
buyer: ECS Learning Systems, Inc.
Founded in 1982 in San Antonio, Texas, ECS Learning Systems is the Integrated Standards Prep™ company publishing STAAR MASTER®, TestSMART® and Novel Units®. From the beginning, their company mission has been to create quality, innovative K-12 resources that make teaching easier. "
 target: PrepWorks
PREPWORKS is a globally recognized leader in education technology and competency-based learning. With a combination of intelligent software, courseware, and reporting, Prepworks is disrupting student achievement in secondary school and higher education to promote college and career readiness.
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closed 7/20/2018 via Company Press Release

Francisco Partners Management LLC, acquired Renaissance Learning, Inc.

See 86 Comparable Transactions
synopsis: Renaissance, a leader in pre-K–12 learning analytics, announced that Francisco Partners, a leading technology-focused global private equity firm, has acquired Renaissance from Hellman & Friedman, a leading private equity investment firm.
buyer: Francisco Partners Management LLC
Francisco Partners is a leading global private equity firm, which specializes in investments in technology and technology-enabled services businesses. Since its launch, Francisco Partners has become one of the most active and longstanding investors in the technology industry. "
 target parent: Hellman & Friedman LLC
target: Renaissance Learning, Inc.
Renaissance® is a leader in pre-K-12 learning analytics, enabling educators to drive phenomenal student growth. Renaissance's solutions facilitate the ability to analyze, customize, and plan personalized learning paths for students.
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closed 2/26/2018 via PR Newswire

Agile Group, acquired LightSail Education

See 25 Comparable Transactions
synopsis: LightSail Education announced that it has been acquired by Agile Group, a technology firm focused on education platforms. LightSail's adaptive platform provides each student with a customized and dynamic library tailored to their individual reading level while providing educators with insightful data to guide their students to success.
buyer: Agile Group
Agile Group is a technology firm focused on education platforms. Agile Group invests in high quality Antares content for students and schools. "
 target: LightSail Education
LightSail is the adaptive reading platform that helps students and school districts exceed their literacy goals. LightSail students get access to personalized libraries filled with thousands of engaging, just-right texts to choose from. LightSail teachers get data about student reading behavior.
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Pages:  
announced 9/14/2021 via PR Newswire

Blackboard Inc. will be merged with Anthology Inc.,

See 411 Comparable Transactions
synopsis: Blackboard, a leading global EdTech software and solutions company, will merge with Anthology, a leading provider of proven higher education solutions that support the entire learner lifecycle. The combination will create the most comprehensive and modern EdTech ecosystem available on a global scale.
buyer parent: Veritas Capital
buyer: Anthology Inc.
Anthology a leading provider of proven higher education solutions that support the entire learner lifecycle. Its solutions create operational efficiencies, provide intelligence for staff and administrators, and empower institutional leaders to support and guide students on a path to success. "
 target parent: Providence Equity Partners Inc.
target: Blackboard Inc. (BBBB:$447.32)
Blackboard is a leading EdTech company, serving higher education, K-12, business and government clients around the world. Blackboard connects a deep understanding of education with the power of technology to continuously push the boundaries of learning.
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closed 3/31/2020 via Company Press Release

Learning Technologies Group, acquired Blackboard Open LMS

See 3932 Comparable Transactions
synopsis: Learning Technologies Group plc, a market-leader in the workplace digital learning and talent management market, has acquired Blackboard’s Open LMS platform. Blackboard Open LMS provides a strong, open source foundation for competency-based blended, online and professional learning to drive institutional and organizational effectiveness.
buyer: Learning Technologies Group (AIM:LTG:$180.10)
Learning Technologies Group plc (LTG) is a market-leader in the fast-growing workplace digital learning and talent management market. LTG offers large organizations a new approach to learning and talent in a business world driven by digital transformation. "
 target parent: Providence Equity Partners Inc.
target: Blackboard Open LMS
Blackboard Open LMS™ provides a strong, open source foundation for competency-based blended, online and professional learning to drive institutional and organizational effectiveness.
price ($mm)
$32
rev ($mm)
$16
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EV / rev
2.0x
EV / EBITDA
closed 4/30/2019 via Company Press Release

Reverence Capital Partners LLC, acquired Transact Campus Inc

See 39 Comparable Transactions
synopsis: Blackboard Inc. announced that the company has completed the sale of its Blackboard Transact business unit to Reverence Capital Partners, LP. Through transformative payments, Transact partners with institutions to help them make their student and family experience mobile-centric.
buyer: Reverence Capital Partners LLC
Reverence Capital Partners is a private investment firm focused on thematic investing in leading global, middle-market financial services businesses through control and influence oriented investments. "
 target parent: Providence Equity Partners Inc.
target: Transact Campus Inc (ONE:$152.00)
Through transformative payments, Transact partners with institutions to help them make their student and family experience mobile-centric. Transact's open enterprise-class cloud platform enables mission-critical capabilities that translate into superior student and family experiences.
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closed 10/26/2016 via PR Newswire

Blackboard Inc., acquired Fronteer Limited

See 24 Comparable Transactions
synopsis: Blackboard Inc., a leading education technology company for teaching, learning and student engagement, announced the acquisition of U.K.-based Fronteer, including its flagship Ally product. Ally is designed to help institutions and instructors make course content more accessible for learners.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard is the world's leading education technology company. They challenge conventional thinking and advance new models of learning in order to reimagine education and make it more accessible, engaging and relevant to the modern day learner and the institutions that serve them. "
 target: Fronteer Limited
Founded in 2014, Fronteer Limited conceptualize, design, build and provide useful and uplifting educational technology products and services. Their product, Ally is designed to help institutions and instructors make course content more accessible for learners.
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closed 8/4/2016 via PR Newswire

Blackboard Inc., acquired Higher One, Inc.

See 25 Comparable Transactions
synopsis: Blackboard Inc., the world's leading education technology company for teaching, learning and student engagement, completed its acquisition of Higher One Holdings, Inc. The acquisition will allow for collaboration between CASHNet, the market software leader in secure online payment of tuition and fees, and the Blackboard Transact business line.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard is the world's leading education technology company. They challenge conventional thinking and advance new models of learning in order to reimagine education and make it more accessible, engaging and relevant to the modern day learner and the institutions that serve them. "
 target: Higher One, Inc. (ONE:$152.00)
Higher One partners with colleges and universities to lower their administrative costs and to improve graduation rates. They provide an array of payment, refund disbursement and data analytics and management tools to institutions that help them save money and enhance institutional effectiveness.
price ($mm)[EV]
$186 [$173]*
rev ($mm)
$161
EBITDA ($mm)
EV / rev
1.5x
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closed 5/31/2016 via PR Newswire

Blackboard Inc., acquired Sequoia Retail Systems, Inc.

See 1 Comparable Transactions
synopsis: Blackboard Inc., the world's leading education technology company, announced the acquisition of Sequoia Retail Systems (Sequoia), a leader in comprehensive point-of-sale (POS) solutions exclusively focused on educational institutions and the students they serve.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard is the world's leading education technology company. They challenge conventional thinking and advance new models of learning in order to reimagine education and make it more accessible, engaging and relevant to the modern day learner and the institutions that serve them. "
 target: Sequoia Retail Systems, Inc.
Sequoia Retail Systems provides transaction-processing solutions to colleges and universities across the country. It has become the leader in providing independent and comprehensive solutions for campus services, including stores, dining, convenience, stadium and auxiliary services.
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closed 12/1/2015 via BNC Analysis

Blackboard Inc., acquired Blue Canary

See 103 Comparable Transactions
synopsis: Blackboard announced the acquisition of Blue Canary, a higher education predictive analytics company that helps institutions glean powerful data-driven insights and use them to improve student success. With today's acquisition, Blackboard continues to demonstrate its leadership in educational data analytics.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard is the world's leading education technology company. They challenge conventional thinking and advance new models of learning in order to reimagine education and make it more accessible, engaging and relevant to the modern day learner and the institutions that serve them. "
 target: Blue Canary
Blue Canary provides higher ed data and analytics solutions. Their core competency lies at the intersection of educational data and software engineering. They help institutions unlock the value in data that can be used to promote student success.
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closed 8/13/2015 via PR Newswire

Blackboard Inc., acquired Nivel Siete

See 61 Comparable Transactions
synopsis: Blackboard announced the acquisition of Nivel Siete, a leading Moodle provider operating in Latin America. Nivel Siete offers a variety of learning solutions, hosting, support and consulting services that help organizations succeed in their teaching and learning initiatives.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard is the world's leading education technology company. They challenge conventional thinking and advance new models of learning in order to reimagine education and make it more accessible, engaging and relevant to the modern day learner and the institutions that serve them. "
 target: Nivel Siete
Nivel Siete, only Moodle partner in Colombia offers a variety of services that aim to help organizations succeed in their technology initiatives, especially those that support e-learning for talent management.
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closed 7/2/2015 via PR Newswire

Blackboard Inc., acquired X-Ray Analytics

See 624 Comparable Transactions
synopsis: Blackboard announced the acquisition of X-Ray Analytics, a research-based, predictive analytics technology that helps instructors and organizations meet the learning needs of their students. X-Ray Analytics enables instructors can step in when they see a potential area of risk and provide greater support.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard is the world's leading education technology company. They challenge conventional thinking and advance new models of learning in order to reimagine education and make it more accessible, engaging and relevant to the modern day learner and the institutions that serve them. "
 target: X-Ray Analytics
X-Ray Analytics enables instructors to support learners more efficiently by providing visualizations of past behavior and performances at the course, cross-course and institutional levels.
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closed 4/10/2015 via PR Newswire

Blackboard Inc., acquired Remote-Learner UK

See 42 Comparable Transactions
synopsis: Blackboard announced the acquisition of Remote-Learner UK, a leading provider of open source solutions to the education industry, primarily in the United Kingdom and Ireland. Remote-Learner UK provides hosting, support and consulting services in the United Kingdom, Ireland and other regions around the world.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard is the world's leading education technology company and is reimagining education by challenging conventional thinking and advancing new learning models. They partner with higher education, K-12, corporate organizations, and government agencies around the world. "
 target parent: Remote-Learner
target: Remote-Learner UK
Remote-Learner UK, a subsidiary of the U.S.-based Remote-Learner.Net, Inc., provides hosting, support and consulting services in the United Kingdom, Ireland and other regions around the world.
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closed 3/20/2015 via PR Newswire

Blackboard Inc., acquired Schoolwires, Inc.

See 698 Comparable Transactions
synopsis: Blackboard Inc. has acquired Schoolwires, a leading educational website, hosting and content management providers to K-12 schools and districts. The acquisition of Schoolwires will better position Blackboard to improve the student experience through an unmatched combination of K-12 solutions and services focused on communication and engagement.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard is the world's leading education technology company and is reimagining education by challenging conventional thinking and advancing new learning models. They partner with higher education, K-12, corporate organizations, and government agencies around the world. "
 target: Schoolwires, Inc.
Schoolwires provides a suite of technology products and related services. Its solutions include an integrated website and content management system, a social learning and networking system, a family of mobile applications and an enterprise technology platform.
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closed 11/13/2014 via PR Newswire

Blackboard Inc., acquired ParentLink

See 7 Comparable Transactions
synopsis: Blackboard Inc. has acquired ParentLink, uniting two of the leading providers of K-12 communications. The combination will create a powerful approach to K-12 community engagement intended to increase parent involvement and improve student success. ParentLink gives schools a proven, easy-to-use tool that gets information to the people who need it.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard is the world's leading education technology company and is reimagining education by challenging conventional thinking and advancing new learning models. They partner with higher education, K-12, corporate organizations, and government agencies around the world. "
 target parent: Parlant Technology, Inc.
target: ParentLink
ParentLink is a system that provides a powerful communication platform to meet the unique needs of a school district. From emergency messaging, to custom messages, language translation, and surveys, ParentLink gives schools a proven, easy-to-use tool that gets information to the people who need it.
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EV / rev
EV / EBITDA
closed 9/25/2014 via PR Newswire

Blackboard Inc., acquired Requestec

See 1693 Comparable Transactions
synopsis: Blackboard Inc. has acquired Requestec, a leading provider of Web-based Real Time Communication (WebRTC) technology. Through WebRTC's open standard protocols, Requestec delivers high quality IP telephony, video conferencing and instant messaging directly within desktop and mobile browsers, eliminating the need for downloads or plugins.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard is the world's leading education technology company and is reimagining education by challenging conventional thinking and advancing new learning models. They partner with higher education, K-12, corporate organizations, and government agencies around the world. "
 target: Requestec
Requestec has been delivering Video Calling, Conferencing and IVR software development since 2007. They developed Saypage, a Real-Time Collaboration and Communications Platform that embraces open standards surrounding video calling from H.323 and SIP through to Flash, HTML5 and WebRTC.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/7/2014 via PR Newswire

Blackboard Inc., acquired CardSmith

See 2 Comparable Transactions
synopsis: Blackboard, the world's leading education technology company that is reimagining education by challenging conventional thinking and advancing new learning models, has acquired CardSmith, the industry's leading cloud provider of campus card solutions and turn-key card program management services.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard is the world's leading education technology company that is reimagining education by challenging conventional thinking and advancing new learning models. They rapidly deploy relevant and meaningful technologies and services to meet the needs of the modern day learner and institutions. "
 target: CardSmith
CardSmith's industry-leading, multi-tenant cloud technology enables universities and K-12 schools and districts to deliver a comprehensive student credential solution without requiring software management or physical servers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/8/2014 via PR Newswire

Blackboard Inc., acquired PerceptIS, LLC

See 49 Comparable Transactions
synopsis: Blackboard Inc. announced the acquisition of Perceptis, an industry-leading help desk and student support services provider. PerceptIS currently supports over 1,200,000 end users with technical help desk services.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard's solutions allow thousands of higher education, K-12, professional, corporate, and government organizations to extend teaching and learning online, facilitate campus commerce and security, and communicate more effectively with their communities. "
 target: PerceptIS, LLC
PerceptIS is a privately held Cleveland based firm providing help desk, call center and information technology services to the higher education, non-for-profit and commercial markets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/15/2014 via PR Newswire

Blackboard Inc., acquired MyEdu

See 96 Comparable Transactions
synopsis: Blackboard Inc., announced the acquisition of MyEdu, a provider of a popular technology platform that helps college students create an academic roadmap tailored to their academic and career goals and build their first "professional profile" to connect to jobs and internship opportunities.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard's solutions allow thousands of higher education, K-12, professional, corporate, and government organizations to extend teaching and learning online, facilitate campus commerce and security, and communicate more effectively with their communities. "
 target: MyEdu
MyEdu is the definitive online source to increase success and save money in college. MyEdu helps students to create a personalized graduation plan and make informed decisions about their courses, schedule, professors and major.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/26/2012 via PR Newswire

Blackboard Inc., acquired Moodlerooms, Inc.

See 11007 Comparable Transactions
synopsis: Blackboard Inc. announced that it has acquired Moodlerooms, a provider of open source online learning solutions to the education industry. Moodlerooms, Inc. provides an online learning platform that solves the instructional, financial, and technology needs for K-12, higher education, corporations, government agencies, and non-profit organizations.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard's solutions allow thousands of higher education, K-12, professional, corporate, and government organizations to extend teaching and learning online, facilitate campus commerce and security, and communicate more effectively with their communities. "
 target: Moodlerooms, Inc.
Moodlerooms, Inc. provides an online learning platform that solves the instructional, financial, and technology needs for K-12, higher education, corporations, government agencies, and non-profit organizations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/26/2012 via PR Newswire

Blackboard Inc., acquired NetSpot Pty Ltd

See 658 Comparable Transactions
synopsis: Blackboard Inc. announced that it has acquired NetSpot. NetSpot is a Premium eLearning Technology Services Partner to education organisations within the Asia Pacific region. It helps institutions focus on their core mission by managing their eLearning technology and by licensing world class software.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard's solutions allow thousands of higher education, K-12, professional, corporate, and government organizations to extend teaching and learning online, facilitate campus commerce and security, and communicate more effectively with their communities. "
 target: NetSpot Pty Ltd
NetSpot is a Premium eLearning Technology Services Partner to education organisations within the Asia Pacific region. It helps institutions focus on their core mission by managing their eLearning technology and by licensing world class software.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/9/2011 via Company Press Release

Blackboard Inc., acquired CerBibo Corporation

See 336 Comparable Transactions
synopsis: Blackboard has made a major investment to support online learning in China, by acquiring full ownership of CerBibo, a company that has brought its online learning solution to hundreds of institutions in China. The move enhances the company’s ability to make deeper investments to support greater use of online learning.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard's solutions allow thousands of higher education, K-12, professional, corporate, and government organizations to extend teaching and learning online, facilitate campus commerce and security, and communicate more effectively with their communities. "
 target: CerBibo Corporation
CerBibo dedicates itself to provide leading E-learning service to educational market in China. CerBibo provides E-learning software series and a full-fledged set of highly scalable solutions to various kinds of schools and educational training institutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/12/2011 via BNC Analysis

Edline LLC merged with Blackboard Inc.,

See 121 Comparable Transactions
synopsis: Education software company Blackboard Inc. has bought Edline Holdings Inc., a learning management software company. Edline offers its flagship product "learning community management system," which provides content management such as Web design, editing, permissions, templates, and also learning management tools.
buyer parent: Providence Equity Partners Inc.
buyer: Blackboard Inc. (BBBB:$447.32)
Blackboard's solutions allow thousands of higher education, K-12, professional, corporate, and government organizations to extend teaching and learning online, facilitate campus commerce and security, and communicate more effectively with their communities. "
 target parent: Archipelago Learning, Inc.
target: Edline LLC
Edline is the K12 Web site/portal solution that enables secure parent access to grades, attendance, homework, and other private information. Edline generates teacher web pages, provides group calendaring, virtual file storage, and parental email alerts as part of their web communication platform.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
Pages:  
announced 9/14/2021 via PR Newswire

Blackboard Inc. will be merged with Anthology Inc.,

See 411 Comparable Transactions
synopsis: Blackboard, a leading global EdTech software and solutions company, will merge with Anthology, a leading provider of proven higher education solutions that support the entire learner lifecycle. The combination will create the most comprehensive and modern EdTech ecosystem available on a global scale.
buyer parent: Veritas Capital
buyer: Anthology Inc.
Anthology a leading provider of proven higher education solutions that support the entire learner lifecycle. Its solutions create operational efficiencies, provide intelligence for staff and administrators, and empower institutional leaders to support and guide students on a path to success. "
 target parent: Providence Equity Partners Inc.
target: Blackboard Inc. (BBBB:$447.32)
Blackboard is a leading EdTech company, serving higher education, K-12, business and government clients around the world. Blackboard connects a deep understanding of education with the power of technology to continuously push the boundaries of learning.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/28/2020 via BusinessWire

Veritas Capital, acquired Campus Management Corp.

See 132 Comparable Transactions
synopsis: An affiliate of Veritas Capital has acquired Campus Management and Edcentric from Leeds Equity Partners. Campus Management is a leading provider of cloud-based solutions and services that transform higher education institutions. Edcentric is the leading provider of institutional effectiveness software to over 1,400 education institutions.
buyer: Veritas Capital
Veritas Capital is a leading private equity firm that invests in companies that provide critical products and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide. "
 target parent: Leeds Equity Partners
target: Campus Management Corp.
Campus Management is a leading provider of cloud-based SIS, CRM and ERP solutions and services that transform higher education institutions. Edcentric is the leading provider of institutional effectiveness software to over 1,400 education institutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/6/2018 via Company Press Release

Campus Management Corp., acquired Education Partners

See 13 Comparable Transactions
synopsis: Campus Management Corp. announced that it has completed the acquisition of Education Partners. The Education Partners software platform has helped over 750,000 students and processed over $3 Billion in financial aid to date. Their software solutions keep students engaged and on track throughout the Verification and FinAid process.
buyer parent: Leeds Equity Partners
buyer: Campus Management Corp.
Campus Management is a leading provider of cloud-based SIS, CRM and ERP solutions and services that transform higher education institutions. More than 1,100 institutions in over 30 countries partner with Campus Management to transform academic delivery, student success, and operational efficiency. "
 target: Education Partners
The Education Partners software platform has helped over 750,000 students and processed over $3 Billion in financial aid to date. Their software solutions keep students engaged and on track throughout the Verification and FinAid process.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/28/2017 via PR Newswire

Campus Management Corp., purchased CRM and Application Management Products from Hobsons Inc.

See 123 Comparable Transactions
synopsis: Campus Management Corp. acquired the Radius, AppReview, ApplyYourself, Connect, and Retain CRM and application management product lines from Hobsons, Inc. These solutions are used by more than 700 colleges and universities in the United States and around the globe.
buyer parent: Leeds Equity Partners
buyer: Campus Management Corp.
Campus Management is a leading provider of cloud solutions and services that transform higher education institutions. Its next-generation suite, CampusNexus, includes enterprise-wide Student, CRM, and Finance, HR & Payroll solutions. "
 seller parent: Daily Mail and General Trust plc
seller: Hobsons Inc.
Hobsons' CRM and application management products include Radius, AppReview, ApplyYourself, Connect, and Retain CRM. These solutions are used by more than 700 colleges and universities in the United States and around the globe.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/6/2015 via Bloomberg

Campus Management Corp., acquired Idenizen Smartware Pvt Ltd.

See 153 Comparable Transactions
synopsis: Campus Management Corp., a leading provider of enterprise software products and services for higher education, announced that it has acquired IDenizen Smartware Pvt. Ltd., a technology company based in Bangalore, India. The company is a leading developer of ERP-based automation solutions for educational institutions in India.
buyer parent: Leeds Equity Partners
buyer: Campus Management Corp.
Campus Management's One Campus Ecosystem platform is a fully integrated, centralized administrative and e-learning solution that unifies services, management and reporting for traditional and non-traditional postsecondary education. "
 target: Idenizen Smartware Pvt Ltd.
IDenizen Smartware is an IT – Product Development company focused only in the Education Vertical. Their flagship product suite SmartCampus, is an ERP software which integrates all the important functionalities of a college thereby giving the required Information quickly and efficiently.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/14/2008 via PR Newswire

Campus Management Corp., purchased Education software from Talisma Corporation

See 100 Comparable Transactions
synopsis: Campus Management Corp. announced that it has finalized an agreement with nGenera Corporation and has acquired assets of its subsidiary, Talisma Corporation. Talisma CRM is a leading software product for strategic enrollment management, student retention, student services, education finance, alumni relations and IT Helpdesk.
buyer parent: Leeds Equity Partners
buyer: Campus Management Corp.
Campus Management's One Campus Ecosystem platform is a fully integrated, centralized administrative and e-learning solution that unifies services, management and reporting for traditional and non-traditional postsecondary education. "
 seller parent: nGenera Corporation
seller: Talisma Corporation
Talisma is a leading provider of Customer Interaction Management (CIM) software solutions that enable businesses to deliver a truly exceptional online customer experience.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/10/2008 via Company Press Release

Leeds Equity Partners, will acquire Campus Management Corp.

See 286 Comparable Transactions
synopsis: Campus Management Corp. has reached a definitive agreement to be acquired by Leeds Equity Partners, LLC, the New York-based private equity firm. Terms of the transaction were not disclosed.
buyer: Leeds Equity Partners
Leeds Equity Partners, LLC, the New York-based private equity firm, manages the largest private equity fund in the United States focused on investments in the education, training and related business services and information industries ("Knowledge Industries"). "
 target: Campus Management Corp.
Campus Management's One Campus Ecosystem platform is a fully integrated, centralized administrative and e-learning solution that unifies services, management and reporting for traditional and non-traditional postsecondary education.
price ($mm)
rev ($mm)
$50
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 10/18/2005 via PR Newswire

Campus Management Corp., will acquire Systems Support Services

See 2173 Comparable Transactions
synopsis: Campus Management Corporation, a leader in enterprise resource planning (ERP) software for higher education, today announced an agreement to acquire Systems Support Services, known as Donor2, the namesake of its top-rated alumni relations and fundraising software solution.
buyer: Campus Management Corp.
Campus Management's One Campus Ecosystem platform is a fully integrated, centralized administrative and e-learning solution that unifies services, management and reporting for traditional and non-traditional postsecondary education. "
 target: Systems Support Services
Systems Support Services has been providing software and support to non-profit organizations nationwide. The group identified a need for a fund-raising software that was user-friendly yet powerful enough to manage a comprehensive development program.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/15/2021 via BusinessWire

Blackstone Group LP, Vista Equity Partners, will acquire Ellucian

See 618 Comparable Transactions
synopsis: Blackstone and Vista Equity Partners have agreed to acquire Ellucian, a leading higher education technology solutions provider. Ellucian delivers mission-critical ERP software to higher-education institutions. Ellucian sets its customers up for long-term success with secure, flexible technology designed for the complexities of higher education.
buyer: Blackstone Group LP (BX:$17,325.04)
buyer: Vista Equity Partners
Blackstone is one of the world's leading investment firms with $649 billion in assets under management. Vista Equity Partners is a leading global investment firm with more than $75 billion in assets under management. "
 target parent: TPG Capital
target: Ellucian
Ellucian is the market leader charting the digital future of higher education with a portfolio of cloud-ready technology solutions and services. Ellucian’s comprehensive suite of data-rich tools gives colleges and universities the information they need to lead with confidence.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/16/2020 via Company Press Release

Total Specific Solutions, acquired Alcuin

See 557 Comparable Transactions
synopsis: Total Specific Solutions, a Dutch provider of IT business solutions, has acquired Alcuin, a French provider of Training Management Systems and Human Capital Management solutions. Alcuin offers a web-based HR suite that provides valuable solutions for human capital management. They also offer ERP solutions for higher education and training centers.
buyer parent: Constellation Software, Inc.
buyer: Total Specific Solutions
Total Specific Solutions is a Dutch provider of IT business solutions and consists of independent business units that deliver products and services to their specific vertical market segments. This market expertise is based on decades of experience. TSS is part of Constellation Software Inc. "
 target: Alcuin
Alcuin is a French provider of Training Management Systems (TMS) and Human Capital Management (HCM) solutions. Alcuin offers a web-based HR suite that provides valuable solutions for human capital management. They also offer ERP solutions for higher education and training centers.
price ($mm)
rev ($mm)
$6
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 2/28/2020 via BusinessWire

Veritas Capital, acquired Campus Management Corp.

See 132 Comparable Transactions
synopsis: An affiliate of Veritas Capital has acquired Campus Management and Edcentric from Leeds Equity Partners. Campus Management is a leading provider of cloud-based solutions and services that transform higher education institutions. Edcentric is the leading provider of institutional effectiveness software to over 1,400 education institutions.
buyer: Veritas Capital
Veritas Capital is a leading private equity firm that invests in companies that provide critical products and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide. "
 target parent: Leeds Equity Partners
target: Campus Management Corp.
Campus Management is a leading provider of cloud-based SIS, CRM and ERP solutions and services that transform higher education institutions. Edcentric is the leading provider of institutional effectiveness software to over 1,400 education institutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/28/2017 via PR Newswire

Campus Management Corp., purchased CRM and Application Management Products from Hobsons Inc.

See 123 Comparable Transactions
synopsis: Campus Management Corp. acquired the Radius, AppReview, ApplyYourself, Connect, and Retain CRM and application management product lines from Hobsons, Inc. These solutions are used by more than 700 colleges and universities in the United States and around the globe.
buyer parent: Leeds Equity Partners
buyer: Campus Management Corp.
Campus Management is a leading provider of cloud solutions and services that transform higher education institutions. Its next-generation suite, CampusNexus, includes enterprise-wide Student, CRM, and Finance, HR & Payroll solutions. "
 seller parent: Daily Mail and General Trust plc
seller: Hobsons Inc.
Hobsons' CRM and application management products include Radius, AppReview, ApplyYourself, Connect, and Retain CRM. These solutions are used by more than 700 colleges and universities in the United States and around the globe.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/13/2016 via BNC Analysis

Ray Biztech, acquired QuickEdmin

See 108 Comparable Transactions
synopsis: Information technology (IT) services provider Ray Business Technologies Pvt. Ltd has bought QuickEdmin from software development firm LastMile IT Systems Pvt. Ltd. QuickEdmin is a cloud-based enterprise resource planning (ERP) tool which allows educational institutions to manage all back-office operations seamlessly.
buyer: Ray Biztech
Ray Business Technologies Private Limited is a Global Information Technology (IT) Services and Solutions company. They provide cutting-edge IT Solutions to Enterprises worldwide, enabling them to utilize available resources effectively and manage the operations. "
 target parent: LastMile IT Systems Pvt. Ltd
target: QuickEdmin
QuickEdmin is a cloud-based enterprise resource planning (ERP) tool which allows educational institutions to manage all back-office operations seamlessly.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/14/2015 via BusinessWire

Leonard Green & Partners, L.P., TPG Capital, acquired Ellucian

See 618 Comparable Transactions
synopsis: Ellucian, the leading global provider for higher education software and services, announced that TPG Capital and Leonard Green Partners have acquired a majority interest in Ellucian from Hellman & Friedman. Ellucian is a leader in helping institutions support student success in the higher education landscape.
buyer: TPG Capital
buyer: Leonard Green & Partners, L.P.
TPG is a leading global private investment firm that has extensive experience with global public and private investments executed through leveraged buyouts, recapitalizations, spinouts, growth investments, joint ventures and restructurings. "
 target parent: Hellman & Friedman LLC
target: Ellucian
Ellucian is the world’s leading provider of software and services institutions need to help students succeed. Ellucian provides student information systems (SIS), finance and HR, recruiting, retention, analytics and advancement software solutions.
price ($mm)
$3,500
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/2/2015 via BNC Analysis

CoCubes.com, acquired Edcited.com

See 109 Comparable Transactions
synopsis: CoCubes.com has acquired a majority stake in Edcited.com, a provider of cloud-based enterprise resource planning (ERP) tools for educational institutions like schools, colleges, and coaching classes. It gives real time updates about students to parents, delivers curriculum, and also helps in managing operations.
buyer: CoCubes.com
CoCubes.com is India's largest assessment and campus hiring platform. They work with 450+ corporate across fresher's and lateral's, 2600+ colleges, and 1 million+ students through our platform running > 500,000 assessments each year in 250+ cities. "
 target: Edcited.com
Edcited.com is a leading provider of ERP solutions globally. They offer a cloud based, Software as a Service (SAAS) platform that provides Enterprise Resource Planning (ERP) solutions to educational institutes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/9/2015 via RTT News

Tribal Group plc, acquired Callista Software Services

See 122 Comparable Transactions
synopsis: Tribal Group plc, a provider of software and services for education management, announced that it has acquired Callista Software Services Pty Ltd, a provider of student management systems to the Australian university market. Based in Geelong and Melbourne, Australia, Callista provides its software to 25% of Australian universities.
buyer: Tribal Group plc (TRB.L:$101.46)
Tribal Group plc is a provider of systems and solutions to the UK and international education, training and learning markets. They are also a major provider of management systems to Children’s Services departments in Local Authorities in the UK, with increasing momentum in the international market. "
 target: Callista Software Services
Callista Software Services is a specialist software developer that provides student management systems to the Australian tertiary education sector. Their unique Service Model provides their user community with the opportunity to be deeply involved in Callista's collaborative development process.
price ($mm)
$2.78
rev ($mm)
$13
EBITDA ($mm)
EV / rev
0.2x
EV / EBITDA
closed 12/13/2011 via PR Newswire

Hobsons Inc., acquired Intelliworks, Inc.

See 122 Comparable Transactions
synopsis: Hobsons, the leader in recruitment, communication, and student success solutions for colleges and universities, announced its acquisition of Intelliworks, a leading provider of relationship management solutions for higher education.
buyer parent: Daily Mail and General Trust plc
buyer: Hobsons Inc.
Hobsons is a premier provider of innovative technology and integrated marketing solutions that empower education professionals to manage the entire student lifecycle, including recruitment, enrollment, and retention. "
 target: Intelliworks, Inc.
Intelliworks enables enrollment and admissions professionals to make purposeful connections with students through its Web-based relationship management, marketing and recruitment software and services.
price ($mm)
$13
rev ($mm)
$5
EBITDA ($mm)
EV / rev
2.6x
EV / EBITDA
closed 8/18/2021 via PR Newswire

Banyan Software, acquired Millennium Software Service & Solution

See 95 Comparable Transactions
synopsis: Banyan Software, Inc., a company focused on acquiring, building and growing great enterprise software businesses, has acquired Canada-based Millennium Computer Systems, a company that provides finance, HR, and student reporting tools for higher education school administrators.
buyer: Banyan Software
Banyan Software acquires, builds, and grows great enterprise software businesses. With a permanent capital base, Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized markets. "
 target: Millennium Software Service & Solution
Canada-based Millennium Computer Systems offers a suite of web based FAST (Functional Admin Support Tool) products to improve higher education administration functions. Each solution integrates into major ERP Systems to support the workflow for all faculty, staff and administration across campuses.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/23/2021 via BusinessWire

Liaison International, Inc., acquired Othot, Inc.

See 110 Comparable Transactions
synopsis: Liaison International has acquired Othot, the leading provider of the nation’s most advanced analytics platform for predictive modeling and prescriptive actions for colleges and universities. With the acquisition, Liaison is better equipped to help institutions ensure their enrollment and retention success and plan for their futures.
buyer: Liaison International, Inc.
Through a powerful combination of technology and services, Liaison helps over 31,000 undergraduate, graduate and postbac programs across more than 1,500 campuses achieve their recruitment, admissions, enrollment and student success goals. "
 target: Othot, Inc.
Othot is the leader in artificial intelligence and prescriptive analytics solutions for higher education institutions across the United States. Othot focuses on each school’s specific enrollment, retention, student success, and alumni engagement goals.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/14/2008 via PR Newswire

Campus Management Corp., purchased Education software from Talisma Corporation

See 100 Comparable Transactions
synopsis: Campus Management Corp. announced that it has finalized an agreement with nGenera Corporation and has acquired assets of its subsidiary, Talisma Corporation. Talisma CRM is a leading software product for strategic enrollment management, student retention, student services, education finance, alumni relations and IT Helpdesk.
buyer parent: Leeds Equity Partners
buyer: Campus Management Corp.
Campus Management's One Campus Ecosystem platform is a fully integrated, centralized administrative and e-learning solution that unifies services, management and reporting for traditional and non-traditional postsecondary education. "
 seller parent: nGenera Corporation
seller: Talisma Corporation
Talisma is a leading provider of Customer Interaction Management (CIM) software solutions that enable businesses to deliver a truly exceptional online customer experience.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/6/2021 via GlobeNewswire

Cayuse, LLC, acquired Haplo

See 97 Comparable Transactions
synopsis: Cayuse, provider of the market-leading research administration cloud platform, announced the acquisition of Haplo, one of the leading research information management solutions in the UK and a growing customer base in Australia and New Zealand.
buyer parent: Primus Capital
buyer: Cayuse, LLC
Cayuse provides an integrated, cloud-native research administration suite that improves collaboration between researchers and administrators, while bringing the needed reporting to every stage of the research lifecycle, including pre-award, post-award, compliance, and facility management. "
 target: Haplo
Haplo is one of the leading research information management solutions in the UK and a growing customer base in Australia and New Zealand. They provide Research Management solutions to universities and research institutions worldwide.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/7/2017 via PR Newswire

Shore Group Associates, acquired LabSpot

See 63 Comparable Transactions
synopsis: Shore Group Associates has acquired LabSpot and Greensight Data. LabSpot is the first ever comprehensive software for designing, managing, tracking, and assessing a school's scholarly projects curriculum. Their product, ResearchConnection.com is a centralized, searchable database of researcher profiles from across over 30 schools.
buyer parent: ClearPoint Investment Partners
buyer: Shore Group Associates
Shore is a leading data solutions provider to top-tier financial services, healthcare companies, and educational institutions, solving some of their most complex data challenges. Shore enables businesses to efficiently extract and enrich critical information and improve key decision making. "
 target: LabSpot
LabSpot is the first ever comprehensive software for designing, managing, tracking, and assessing a school's scholarly projects curriculum. Their product, ResearchConnection.com is a centralized, searchable database of researcher profiles from across over 30 schools.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/13/2017 via PR Web

Quad Partners, will acquire Cayuse, Inc.

See 71 Comparable Transactions
synopsis: Quad Partners, a private equity firm focused on the education industry, will acquire Cayuse, Inc. from Evisions Inc., a provider of software solutions for the higher education industry. Cayuse provides fully integrated proposal, award and compliance solutions for universities, healthcare and research institutes, and small research organizations.
buyer: Quad Partners
Quad Partners was founded in 2000 to make value-added private investments in the education industry. Today, Quad is one of the most active investors in privately-owned education companies in the United States. "
 target parent: Evisions Inc.
target: Cayuse, Inc.
Cayuse provides cloud-based solutions for universities, healthcare and research institutes, and small research organizations. They provide fully integrated proposal, award and compliance solutions that streamline sponsored project life-cycle management from proposal to award to close-out.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/17/2012 via PR Newswire

Evisions Inc., acquired Cayuse, Inc.

See 71 Comparable Transactions
synopsis: Evisions is acquiring Cayuse, Inc. to consolidate two leaders in higher education software solutions. This win-win move unites Evisions' enterprise reporting, form management, data transformation and payment processing solutions with Cayuse's web-based solutions for research management.
buyer: Evisions Inc.
Evisions, Inc. is a leading provider of software solutions to higher education institutions throughout the world. Evisions, with over 800 higher education clients, offers industry-leading solutions for enterprise reporting, form management, data transformations and payment processing. "
 target: Cayuse, Inc.
Cayuse, Inc. is the creator of Cayuse 424, the leading web-based software solution that powers the collaborative grant proposal development for over 100 higher education and private research customers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/30/2021 via Company Press Release

Cisco Systems, Inc., acquired Involvio

See 74 Comparable Transactions
synopsis: Cisco has completed the acquisition of Involvio LLC, a New York-based software company and leading student experience platform. They offer a suite of education-focused products that help colleges and universities improve student experience, engagement, and retention.
buyer: Cisco Systems, Inc. (CSCO:$48,846.00)
Cisco System's hardware, software, and service offerings are used to create the Internet solutions that make networks possible. Cisco designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry worldwide. "
 target: Involvio
Involvio LLC is a New York-based software company and leading student experience platform. They offer a suite of education-focused products that help colleges and universities improve student experience, engagement, and retention.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/13/2018 via Company Press Release

Civitas Learning, Inc., acquired ClearScholar

See 83 Comparable Transactions
synopsis: Civitas Learning, a company that provides tools and services for educators to help students learn well and finish strong, announced its acquisition of ClearScholar, developer of student engagement software for students and institutions. They are known for their mobile app that is used in multiple campuses.
buyer: Civitas Learning, Inc.
Using a cloud-based, predictive analytics platform and engaging applications, Civitas Learning partners with universities and colleges dedicated to helping students learn and finish strong. They provide tools and services for educators. "
 target: ClearScholar
ClearScholar drives student engagement with a mobile, and personalized experience, reflecting the nature of campus life and connecting students to each other and the institution in new ways. They develop student engagement software so institutions and students can maximize their relationships.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/4/2019 via BNC Analysis

Sino Hua-An International Bhd, will acquire TouchPoint International Sdn Bhd

See 481 Comparable Transactions
synopsis: Sino Hua-An International Bhd, a metallurgical coke manufacturer in Malaysia, will acquire TouchPoint International, Malaysia's leading smart city platform provider. TouchPoint offers a mobile app loyalty and community engagement platform designed to help brand owners, retail chains and organizations engage customers and community members.
buyer: Sino Hua-An International Bhd (KLSE:HUAAN:$181.02)
Sino Hua-An International Bhd (Hua-An Group) is a metallurgical coke manufacturer in Malaysia. Hua-An Group is primarily engaged in the production and sale of metallurgical coke and its by-products, including coal gas, tar, crude benzene, and ammonia sulfate. "
 target: TouchPoint International Sdn Bhd
TouchPoint International is Malaysia's leading smart city platform provider. TouchPoint International offers a mobile app loyalty and community engagement platform designed to help brand owners, retail chains and organizations reach out to and engage customers and community members.
price ($mm)
$17
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/12/2020 via BNC Analysis

Book&Learn merged with Edvisor,

See 186 Comparable Transactions
synopsis: Vancouver-based Edvisor and Mexico City-based Book&Learn – both software providers that offer agencies course search, quoting and booking tools – have announced that they will be merging, bringing more than 7,500 agency users and 1,500 schools together.
buyer: Edvisor
Edvisor an online SaaS platform that connects schools that recruit international students directly with the agencies that sell their courses abroad. Schools list their offerings and entry requirements so that agents can access current program information and enroll their students directly. "
 target: Book&Learn
Book&Learn is the leading quotation, booking and CRM for the international education industry with over 3,000 active agents and +1,000 schools.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
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