Cengage Group Acquires Infosec
January 31, 2022
Cengage Group agreed to acquire Infosec, a cybersecurity education and training provider, for $190.8 million. The deal brings Infosec into Cengage’s Workforce Skills business to expand its cybersecurity professional training offerings, increase recurring revenue, and reach more learners and enterprise customers; the transaction was expected to close in Q1 2022 subject to customary conditions.
- Buyers
- Cengage Group
- Targets
- Infosec
- Industry
- Education
- Location
- Wisconsin, United States
- Transaction Type
- Buyout
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