Discovery Education (Clearlake-backed) Acquires DoodleLearning

Discovery Education Acquires DreamBox Learning

October 12, 2023

Education

Discovery Education, a Clearlake Capital–backed global edtech company, agreed to and completed the acquisition of DreamBox Learning, a Bellevue-based PK–12 adaptive learning platform serving more than 6 million students and 600,000 educators. The deal (terms undisclosed) brings DreamBox’s adaptive math and reading technology into Discovery Education’s suite to expand product capabilities and reach; DreamBox investors Elliott Investment Management and TPG’s The Rise Fund will retain minority stakes.

Clearlake Capital Acquires Discovery Education from Francisco Partners

March 9, 2022

Education

An affiliate of Clearlake Capital Group agreed to acquire a majority stake in Discovery Education from Francisco Partners, with Francisco Partners retaining a minority equity interest. The deal will leave Discovery Education’s CEO Scott Kinney and management team in place and is intended to accelerate platform growth, deepen distribution, and support strategic add-on M&A to expand the company’s digital K–12 curriculum offerings.

Discovery Education Acquires Pivot Interactives

August 31, 2022

Education

Discovery Education, a Clearlake Capital-backed global edtech company, has acquired Minneapolis-based Pivot Interactives, a provider of interactive video-based science labs and activities. The acquisition expands Discovery Education's science education toolset by adding Pivot's phenomena-based interactive video platform to its K-12 offerings; terms were not disclosed.

Early Learning Academies Acquires Kids Discovery International

June 2, 2022

Education

Early Learning Academies (also referenced as Learning Academies) has acquired Kids Discovery International, a five-location early childhood education operator in the Florida Panhandle. The sellers were founders Wraith and Lisa Drake; Founders Advisors acted as exclusive financial advisor to Kids Discovery on the June 2022 transaction to expand Early Learning Academies' national footprint.

Edlio Acquires eChalk

April 15, 2021

Education

Edlio acquired eChalk, a New York–based provider of K‑12 accessible school websites and communication tools, combining two established K‑12 website and communications platforms. The deal expands Edlio’s product portfolio and customer reach in the K‑12 market and will continue support and enhancements for eChalk customers.

Leeds Equity Partners Acquires Learnosity

January 16, 2025

Education

Leeds Equity Partners has acquired Learnosity Holdings Ltd., a Dublin-based provider of digital assessment and AI-enabled authoring solutions for K-12, higher education, corporate L&D, government and certification markets. Terms were not disclosed; Leeds Equity said the acquisition will build on its education software expertise and support Learnosity's next stage of growth.