upGrad Acquires Harappa Education for $38M to Strengthen Enterprise Learning

upGrad Acquires Centum Learning

September 15, 2022

Education

upGrad has acquired 100% of Centum Learning in a share-swap deal; Bharti Enterprises and its affiliates are joining upGrad's cap table as part of the transaction. Centum, headquartered in New Delhi, is a corporate and vocational training provider that reported ~USD 21 million in FY23 revenue and has a total headcount of over 2,000; the business will continue to operate independently under CEO Sanjay Bahl.

upGrad Acquires Talentedge; Sekhsaria Family Office Takes Stake in upGrad

April 7, 2022

Education

upGrad has completed the acquisition and integration of Talentedge through a near-100% share-swap, folding Talentedge’s higher-education and professional-learning business into the upGrad group. Talentedge was valued at INR 205 Crore (~$27M) in the transaction and the Sekhsaria Family Office (former 100% owners of Talentedge) took a stake in upGrad at a post-transaction upGrad valuation of $2.0 billion. Talentedge will continue to operate under its own brand within upGrad and is projected to cross INR 150 Crore (~$20M) in gross revenue in the coming year.

Cordance Acquires Hāpara

January 24, 2023

Education

Cordance has completed the acquisition of Hāpara, a Chicago-based provider of classroom management and K‑12 education software. The deal will combine Cordance's go-to-market and operational capabilities with Hāpara's education product expertise to accelerate growth and expand the company's reach in school districts and remote learning environments.

Arc Acquires HR Technology and Education Technology Portfolios from LRP Media Group

October 13, 2022

Media & Entertainment

Arc, a B2B events, data and media platform backed by funds managed by EagleTree Capital, has agreed to acquire the HR Technology and Education Technology portfolios from LRP Media Group. The deal expands Arc's U.S. footprint and adds nine brands and an experienced team to Arc's portfolio; terms were not disclosed and the transaction was expected to close at the end of October 2022.

Udemy Acquires CorpU

August 30, 2021

Education

Udemy acquired CorpU, a cohort-based online leadership development platform, to expand its enterprise learning and immersive leadership development capabilities. The acquisition integrates CorpU’s cohort-based, expert-facilitated programs and analytics into Udemy’s enterprise offering to deepen leadership development and scalable immersive learning for corporate customers.

Avathon Capital Invests in ReUp Education

August 5, 2021

Education

Chicago-based Avathon Capital has made a growth investment in ReUp Education to accelerate the edtech company's product, technology, and coaching capabilities and expand its reach to adult learners. As part of the transaction Avathon will invest in engineering, digital marketing, learner experience, and data/analytics; ReUp also appointed Terah Crews as CEO to lead the next phase of growth.