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EdTech 31 August 2021

Family Zone acquires Smoothwall for £75.5m

Family Zone, the ASX-listed cyber safety technology company, has acquired Smoothwall, the Leeds based K-12 safeguarding technology company, for £75.5m.

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Higher Education 31 August 2021

Bertelsmann Education Group reports organic revenue growth of 5.5% in H1 2021

Bertelsmann Education Group (BEG), the online education business of the German media group, has reported an operating EBITDA of EUR 44m for the six months ended 30 June 2021.

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Media 31 August 2021

Cambridge University Press and Cambridge Assessment complete merger

The University of Cambridge has completed its merger of Cambridge University Press and Cambridge Assessment, consolidating its global assessment and publishing businesses, and creating an organisation with a combined income of over £700m.

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eLearning 31 August 2021

Clearlake Capital to acquire Cornerstone for $5.2bn

Clearlake Capital Group, the Santa Monica-based private equity firm, has agreed to acquire Cornerstone OnDemand, the Nasdaq-listed cloud-based eLearning and talent management technology company, for $57.50 per share in cash.

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EdTech 31 August 2021

Tribal benefits from growth in Student Information Systems revenue

Tribal Group, the provider of software and services to the international education market, has reported an adjusted EBITDA of £9.2m for the six months ended 30 June 2021.

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Tutoring 31 August 2021

MyTutor raises £15.2m in new funding round

MyTutor, the London-based online one-to-one tutoring platform for secondary school-aged pupils, has raised £15.2m in a new funding round, according to documents filed recently at Companies House.

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