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New Deal


Announced

Platinum Equity-backed McGraw Hill to acquire Achieve3000.

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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United States

learning platform

pre k-12 education

Education Services

Acquisition

Domestic

Majority

Private

Pending

Friendly

Single Bidder

Private Equity

Synopsis

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Platinum Equity-backed McGraw Hill, a learning science company, agreed to acquire Achieve3000, a a middle school science curriculum solutions provider. Financial terms were not disclosed. "This is a great opportunity to further complement our core products in PreK-12 with supplemental and intervention solutions to help students of all ages and abilities, which has become even more important since the pandemic. With this acquisition, we will offer a wider array of outstanding digital learning materials that serve teachers, engage students and drive better learning outcomes," Simon Allen, McGraw Hill CEO.

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