.
MergerLinks Header Logo

Announced

IXL Learning to acquire 3P Learning.

Financials

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

Tags

Edit

Cross Border

Australia

Education Services

Majority

Pending

e-learning platform

digital education

education group

Single Bidder

e-learning

Friendly

Private

Acquisition

Synopsis

Edit

IXL Learning, a K-12 personalized learning platform, agreed to acquire 3P Learning, an online education services provider. Financial terms were not disclosed. With the addition of 3P Learning, IXL aims to broaden its product portfolio and international footprint in the educational technology space. "3P Learning stands out in a crowded field for its range of exceptional products and deep commitment to delivering real results for learners. We're excited to welcome their talented team to IXL. This agreement is a significant step towards realizing IXL's mission to provide the world's best learning experiences to students in the United States and abroad," Paul Mishkin, IXL Learning CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US