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New Deal


Announced

Weld North Education to acquire Twig Education.

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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online education

Cross Border

education platform

Private

Single Bidder

Majority

Pending

United Kingdom

Acquisition

Friendly

Online and Social Platforms

Private Equity

Synopsis

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Weld North Education, an operater of a platform of digital and SaaS-based educational software, agreed to acquire Twig Education, a developer of an online education platform designed to improve learning and literacy globally. Financial terms were not disclosed. “Our purpose – to ignite learning breakthroughs – has never been more important as we partner with schools, districts, parents and students to unlock the power of digital solutions to enrich the learning experience. Twig’s engaging and high-quality digital-first core science curriculum fits perfectly with our other K-12 core offerings in math and English Language Arts – LearnZillion and StudySync – and has an exceptional reputation among educators using the program. By expanding Twig’s footprint across the country, we can inspire more students to understand the world around us and pursue STEM careers," Jonathan Grayer, Weld North Education Founder and CEO.

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