Education Acquisitions in 2015
Showing 3 transactions.
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December 22, 2015
- Buyer
- Kaplan, Inc.
- Target
- SmartPros, Ltd.
- Seller
- Shareholders of SmartPros, Ltd.
- Industry
- Education
- Location
- United States
- Type
- Buyout
Kaplan, Inc., the global education services subsidiary of Graham Holdings, acquired SmartPros, Ltd., a provider of accredited professional education, subscription course libraries and proprietary LMS/AMS software. The deal (reported at about $16.9 million) folds SmartPros into Kaplan Professional Education to expand Kaplan’s accountancy, financial services and compliance training capabilities.
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May 5, 2015
- Buyer
- Frontline Technologies (Frontline Education)
- Target
- MyLearningPlan
- Industry
- Education
- Location
- United States
- Type
- Buyout
Frontline Technologies (Frontline Education) acquired MyLearningPlan, integrating the MyLearningPlan K-12 professional growth solution into Frontline's HR and school-administration software suite. The acquisition expands Frontline's professional development and educator evaluation capabilities for K-12 customers in the United States.
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February 19, 2015
- Buyer
- West Corporation
- Target
- GroupCast, LLC, SchoolReach
- Seller
- GroupCast, LLC (owners/founding partners)
- Industry
- Education
- Location
- Missouri, United States
- Type
- Buyout
West Corporation (NASDAQ:WSTC) acquired assets from GroupCast, LLC, including the GroupCast and SchoolReach businesses, for approximately $13.5 million in cash. The SchoolReach business will be combined with West's SchoolMessenger offering as part of its Unified Communication segment; the sale was driven in part by a founding partner's planned retirement.
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