Announced
Completed
Financials
Tags
Majority
Private Equity
Cross Border
Acquisition
Completed
Private
Germany
Single Bidder
online learning platform
Online and Social Platforms
Friendly
Synopsis
Levine Leichtman Capital Partners-backed Squla, a consumer education company in the Netherlands, compleet the acquisition of Scoyo, an online learning platform for primary and secondary school students in the German market. Financial terms were not disclosed. “It’s our goal to give as many children as possible access to our popular Squla platform and support them in their education. Squla enables each child to do this at their own level and pace and in accordance with the curriculum, which results in better learning performances. By acquiring Scoyo, we are now able to offer our products to millions of children in the German market, and the free use of Scoyo in the classroom strongly resonates with our mission of giving every child the opportunity to grow," Serge Bueters, Squla CEO.
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