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The Assignment Report archive of all published articles

Support Services 30 June 2020

Capita to sell SIMS

Capita has announced that it is preparing to sell its Education Software Solutions business, reportedly for at least £500m.

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Media 30 June 2020

Activist investor Cevian Capital acquires 5.4% stake in Pearson

Cevian Capital, reportedly Europe’s largest activist investor, has acquired a 5.4% stake in Pearson.

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Retail 30 June 2020

CMA raises competition concerns over YPO’s proposed £50m acquisition of Findel Education

The UK Competition and Markets Authority has referred YPO’s proposed £50m acquisition of Findel Education to a Phase 2 investigation.

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eLearning 30 June 2020

Skillsoft enters “Pre-Packaged” Chapter 11 to reduce debt by $1.5bn

Skillsoft Corporation, the Boston-headquartered eLearning company, has filed for pre-packaged
Chapter 11 bankruptcy to reduce the company’s total debt by approximately $1.5bn.

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Tutoring 30 June 2020

Zuoyebang raises $750m in Series E

Zuoyebang, the Beijing-based spin-off from Baidu which helps K-12 students in China find solutions for homework via a mobile app, has raised $750m in a Series E round.

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EdTech 30 June 2020

Firefly Learning completes first acquisition

Firefly Learning, the digital learning platform that enables teachers to set homework, track progress, share resources and engage parents, has acquired Empetus, the Cambridge-based developer of SchoolPost, a provider of a school-home communications tool.

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