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New Deal


Announced

Completed

Alinea completed the acquisition of EduLab from Vaekstfonden.

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

Denmark

e-learning

Acquisition

Completed

Private

Friendly

training services

Education Services

Majority

Single Bidder

Synopsis

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Alinea, the publishing firm, completed the acquisition of EduLab, a provider of digital mathematics for primary and lower secondary schools, from Vaekstfonden, Denmark's investment fund. Financial terms were not disclosed. “Since the beginning, our ambition has been to help school managers and teachers lifting the academic level and make kids more interested in mathematics. Today 75% of the country’s schools use MatematikFessor, as well as it is used in an increasing amount on an international plan. The positive development will be boosted intensively now, when EduLab becomes a part of Alinea; together we will get opportunities, which schools and kids will benefit greatly from,” Kasper Holst Hansen, EduLab CEO.

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