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New Deal


Announced

Completed

IXL Learning completed the acquisition of the languages division of Rosetta Stone from Cambium Learning.

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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Acquisition

Domestic

Majority

Education Services

Private Equity

United States

language training

Friendly

Private

k-12 education

Single Bidder

Completed

Synopsis

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IXL Learning, a K-12 personalized learning platform, completed the acquisition of the languages division of Rosetta Stone from Cambium Learning, a provider of digital education solutions. Financial terms were not disclosed. “This latest transaction represents a strategic milestone for Cambium, as we continue to streamline and curate K-12’s leading portfolio of digital curriculum and assessment tools for districts, teachers, and learners everywhere. Now that we have integrated the Lexia Learning business, we will leverage Cambium’s leadership in literacy and assessment to enhance our capabilities across the Cambium portfolio and address education’s most pressing challenges," John Campbell, Cambium Chief Executive Officer.

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