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Announced

Completed

Weld North Education completed the acquisition of LearnZillion.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Venture Capital

Single Bidder

Acquisition

core curriculum

Majority

Friendly

IT Services: Other

Private

United States

Completed

Private Equity

Synopsis

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Weld North Education, a digital education technology company, completed the acquisition of LearnZillion, a website that provides teachers with a library of interactive math and language arts lessons, videos, quizzes, and assignments for students, from DCM Ventures, O'Reilly AlphaTech Ventures, DC Community Ventures, Learn Capital and Ulu Ventures. Financial terms were not disclosed. "This is a major step forward for Weld North Education and underscores our unwavering commitment to transform education by building the best digital curriculum company in the world, serving students, teachers, parents and administrators. LearnZillion has cracked the code for delivering a digital-first core curriculum to schools across the country, reducing the reliance on textbooks. With the addition of LearnZillion to our portfolio of leading K-12 digital curriculum businesses, we are well on our way towards redefining how teachers teach and how students learn by unleashing the power of data-driven instruction through engaging, adaptive products,” Jonathan Grayer, Weld North Education Chairman and CEO.

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