Arco, which develops educational software, completes $413m acquisition of Sistema Positivo de Ensino, one of the largest K-12 content providers to private schools in Brazil. “This acquisition of Positivo significantly expands our footprint and drives our scale further, strengthening our capacity to invest in high-quality content and technology. As a result, we will be able to enhance the learning experience of over 1m student,” Ari de Sá Neto, Arco CEO and Founder.