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New Deal


Announced

Completed

Imagine Learning completed the acquisition of Robotify.

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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Completed

Education Services

Acquisition

Private

coding school

Cross Border

Single Bidder

Majority

Friendly

Ireland

Synopsis

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Imagine Learning, a digital learning solutions company, completed the acquisition of Robotify, a digital curriculum start-up. Financial terms were not disclosed. "We are excited to welcome Robotify to the Imagine Learning family. Coding is the new literacy and Imagine Learning is a literacy leader. STEM (Science, Technology, Engineering, & Math) has become critical to prepare today's learners for jobs of the future—with coding in particular quickly becoming a prerequisite. We also know that too many schools across the U.S. lack the resources to properly staff or equip a robotics program. Robotify solves this with a digital-first approach to provide greater opportunity to students by using virtual robots to make coding accessible to all. Driving equity is at the heart of our commitment to students, educators, and families, and this acquisition is a meaningful step for us," Jonathan Grayer, Imagine Learning Chairman and CEO.

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