McGraw Hill Acquires Kidaptive

McGraw Hill Acquires Edtech Pioneer Achieve3000

August 30, 2021

Education

McGraw Hill, a Platinum Equity portfolio company, acquired Achieve3000, a Red Bank, New Jersey–based provider of differentiated instruction and learning acceleration for PreK–12. The add-on acquisition (financial terms not disclosed) expands McGraw Hill's supplemental and intervention digital offerings and supports the company's continued digital transformation.

School Specialty Acquires SchoolKidz

November 2, 2022

Education

School Specialty, a leading provider of learning environments and K‑12 supplies, has acquired Chicago-area SchoolKidz, a provider of school-supply kitting and wellness kits. The purchase brings SchoolKidz’s Teacher Tailored and Kits for Kidz programs into the School Specialty platform to expand its bundled supply and nonprofit support capabilities nationwide; the seller was PE firm Skyview Capital.

CyberArk Acquires Idaptive

May 13, 2020

Cybersecurity

CyberArk acquired Santa Clara–based identity-as-a-service provider Idaptive for $70 million in cash. The deal expands CyberArk's SaaS-delivered identity security capabilities — combining Idaptive's SSO, MFA and AI-driven adaptive access with CyberArk's privileged access management to deliver a unified identity-security platform.

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.

McGraw Hill Acquires Essaypop

March 24, 2025

Education

McGraw Hill has acquired Essaypop, an interactive, cloud-based K-12 writing platform built by teachers to provide guided instruction, templates, and real-time feedback. The acquisition — announced March 24, 2025 — expands McGraw Hill's digital literacy and personalized learning capabilities as it continues its transformation under Platinum Equity ownership.

Newsela Acquires Formative

June 27, 2023

Education

Newsela has acquired Formative to combine its K-12 instructional content library with Formative’s real-time assessment and data capabilities, creating a more comprehensive instructional solution for teachers and administrators. The deal brings together Newsela’s 15,000+ content library and Formative’s assessment platform (used by over four million students) effective immediately to enable faster feedback, targeted intervention, and improved student outcomes.