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OMERS Private Equity, the private equity investment arm of the Ontario-based OMERS pension plan, has acquired a 25% stake in International Schools Partnership (ISP) from Partners Group.
Kahoot!, the Oslo Børs listed game-based learning platform company, has acquired Clever, the California-based single sign-on learning platform for US schools, for a total consideration of $500m.
Riiid, the Seoul-based AI-based personalised learning platform, has received an investment of $175m from SoftBank Vision Fund 2.
CENTURY, the adaptive, cross-curricular learning platform for school-age learners, raised a further £5.6m from investors in equity finance in May 2021, according to documents filed recently at Companies House.
Inspired Education, the premium schools group backed by TA Associates and Warburg Pincus, has completed its £70.4m acquisition of Wey Education, the AIM-listed provider of online education.
Cengage has reported an adjusted cash EBITDA less prepub (ELPP) of $315m for the year ended 31 March 2021.
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