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New Deal


Announced

Completed

Busuu to acquire Verbling.

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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United States

Acquisition

Single Bidder

Friendly

Private

education technology

Majority

online education

Education Services

Completed

Cross Border

Private Equity

Synopsis

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Busuu, a language-learning platform, agreed to acquire Verbling, an online language learning platform that pairs individuals with language teachers via video chat. Financial terms were not disclosed. "No matter how smart technology becomes, language will always be about human interaction – which is exactly why Busuu was built around a learning community. Offering live video tutoring through our acquisition of Verbling is a natural progression for our business, and gives us the potential to expand beyond just language learning in the future," Bernhard Niesner, Busuu Co-Founder and CEO.

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