Arco to acquire COC and Dom Bosco from Pearson for $162m.

Arco Platform, which develops educational software, agreed to acquire COC and Dom Bosco, two K-12 learning systems in Brazil, from Pearson Education do Brasil, an educational services provider, for $162m. “The acquisition of COC and Dom Bosco learning systems reinforces our strategy to further strengthen our positioning in Core solutions for the private K-12 segment. It brings geographical and price complementarity to our Core portfolio, allowing our platform to better serve the overall market,” Ari de Sá Neto, Arco CEO and Founder.