Prometric Acquires EdPower

Bain Capital Acquires PowerSchool

October 1, 2024

Cloud & SaaS

Bain Capital has completed the acquisition of PowerSchool Holdings, a Folsom, California-based provider of cloud-based K-12 education software, for $22.80 per share in cash, valuing the company at approximately $5.6 billion. Vista Equity Partners and Onex Partners retain minority stakes; the deal takes PowerSchool private to accelerate product innovation (including its PowerBuddy generative AI platform) and expand its global reach.

Prometric LLC Acquires Finetune

August 4, 2022

Education

Prometric LLC has completed the acquisition of Boston-based Finetune, an AI-assisted assessment and learning technology provider. The deal adds Finetune’s NLP-powered content generation and classification products to Prometric’s assessment and testing platform to accelerate content creation and expand Prometric’s capabilities in credentialing, licensure, workforce readiness and education markets.

Embrace Software Acquires EPOWERdoc, Inc.

August 1, 2021

Healthcare Services

Embrace Software has acquired EPOWERdoc, Inc., a 20-year leader in Emergency Department Information Systems and telehealth solutions. The acquisition brings EPOWERdoc’s 40+ employees and ED-focused software into Embrace’s portfolio to accelerate product development and expand Embrace’s presence in healthtech.

Edmentum Acquires Apex Learning

June 22, 2021

Education

Edmentum has entered a definitive agreement to acquire Apex Learning, a Seattle-based provider of digital curriculum and virtual learning for middle and high school students. The acquisition expands Edmentum's K-12 product suite—adding Apex's credit-bearing courses and virtual learning capabilities—and follows prior investment in Edmentum by The Vistria Group; Apex's prior investor Education Growth Partners was noted in the announcement.

Powerbridge Technologies Acquires 90% Stake in Ascendent Insights Education (AIedu)

April 4, 2023

Education

Powerbridge Technologies (Nasdaq: PBTS) acquired a 90% stake in Ascendent Insights Education Co., Ltd. ("AIedu"), an AI-driven early childhood education services company. The acquisition will allow Powerbridge to integrate ChatGPT and AIedu's "Little Egg" product into its education offerings to expand capabilities and reach in the education market.

Study.com Acquires Enhanced Prep

February 16, 2023

Education

Study.com has acquired Enhanced Prep, a virtual one-to-one and small-group tutoring and test-preparation provider. The acquisition will integrate Enhanced Prep's personalized tutoring and drop-in Virtual Village with Study.com's online learning platform to expand high-impact tutoring offerings to students and schools nationwide.