Cambium Learning Group Acquires Rosetta Stone
October 14, 2020
Cambium Learning Group, a portfolio company of Veritas Capital, completed the acquisition of Rosetta Stone, including its Lexia Learning literacy division. The deal expands Cambium’s digital education portfolio by adding Rosetta Stone’s language-learning technology and Lexia’s PreK–12 literacy solutions to its suite of K‑12 and lifelong learning products.
- Buyers
- Cambium Learning Group, Inc., Veritas Capital
- Targets
- Rosetta Stone, Inc., Lexia Learning
- Industry
- Education
- Location
- Virginia, United States
- Transaction Type
- Buyout
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