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New Deal


Announced

Completed

Pearson completed the acquisition of the remaining 80% stake of Credly for $110m.

Financials

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Transaction Value£81m
Consideration TypeCash
Capital Owned20%
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Cross Border

Completed

United States

Private

Majority

Digital Services

credentialing

Friendly

Acquisition

Synopsis

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Pearson, a publishing and education company, completed the acquisition of the remaining 80% stake of Credly, a digital workforce credentialing company, for $110m. “The Credly acquisition is another important step in accelerating our strategy in the workforce skills market and in building connectivity across the entire Pearson portfolio. The growing skills gap is putting enormous pressure on the labor market, making verified credentials more essential than ever before,” Andy Bird, Pearson CEO.

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