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New Deal


Announced

Completed

BYJU’S completed the acquisition of Epic! for $500m.

Financials

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Transaction Value£367m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Cross Border

Private Equity

digital reading

Majority

United States

Private

Acquisition

Single Bidder

Online and Social Platforms

Completed

Synopsis

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Backed by General Atlantic, Sequoia Capital, the Chan-Zuckerberg Initiative, Naspers, Silver Lake, Tiger Global and other investors, BYJU’S, a provider of personalized online learning services, completed the acquisition of Epic, a digital reading platform for kids 12 and under, for $500m. “Our partnership with Epic will enable us to create engaging and interactive reading and learning experiences for children globally. Our mission is to fuel curiosity and make students fall in love with learning. Knowing that Epic and its products are rooted in the same mission, it was a natural fit. Together we have the opportunity to create impactful experiences for children to become life-long learners," Byju Raveendran, BYJU’S Founder and CEO.

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