Vector Capital Co-Invests in McGraw Hill Education with Platinum Equity

Platinum Equity Acquires McGraw Hill for $4.5 Billion

August 2, 2021

Education

Platinum Equity completed the acquisition of McGraw Hill from funds managed by Apollo Global Management for approximately $4.5 billion. McGraw Hill, a 130+ year global education company headquartered in New York, generates the majority of its revenue from digital products and will continue to be led by CEO Simon Allen under Platinum's ownership as the firm invests to accelerate digital growth and pursue strategic expansion.

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.

Genstar Capital Acquires Majority Stake in Vector Solutions

July 1, 2021

Cloud & SaaS

Genstar Capital acquired a majority ownership stake in Vector Solutions from Golden Gate Capital, with a strategic investment from Insight Partners. Vector Solutions will remain headquartered in Tampa, Florida and led by CEO Marc Scheipe; Genstar plans to support product development and market expansion, including growth via M&A.

Platinum Equity Acquires Ingram Micro for $7.2 Billion

July 7, 2021

Transportation

Platinum Equity completed the acquisition of Ingram Micro Inc. from HNA Technology Co., Ltd. The buyout, announced July 2021, values the world’s largest technology distributor at $7.2 billion enterprise value and positions Platinum to accelerate Ingram Micro’s cloud, logistics and solutions strategies while providing financial and operating support for growth initiatives.

Providence Equity Partners Majority Investment in Accelerate Learning

February 21, 2023

Education

Providence Equity Partners has made a majority investment in Accelerate Learning, a Houston-based provider of K-12 STEM curriculum and digital learning platforms. Existing investors including funds managed by Carlyle, Quad Partners, Rice University and Owl Ventures will retain minority stakes; financial terms were not disclosed. The investment is intended to help Accelerate Learning scale growth, deepen customer relationships and pursue organic and inorganic expansion opportunities.

McGraw Hill Acquires Boards & Beyond (Ryan Medical Education LLC)

December 6, 2022

Education

McGraw Hill has acquired Ryan Medical Education LLC, d/b/a Boards & Beyond, a provider of on-demand video libraries and assessment content for medical students and professionals. The deal expands McGraw Hill's digital capabilities and bolsters its presence in medical education, complementing its existing professional and institutional learning resources.