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Announced

Completed

Cengage Group to acquire Infosec for $191m.

Financials

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Transaction Value£142m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Synopsis

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Cengage Group, a global education technology company, completed the acquisition of Infosec, a cybersecurity education provider, for $191m. "The cybersecurity industry is at a critical inflection point where the skilled labor shortage could have far-reaching and lasting effects on business and personal safety. At the same time, it provides an opportunity for un- or under-employed workers who can upskill or reskill for career advancement. With our scale and resources, more cybersecurity professionals will have access to an affordable and faster option to develop the skills they need," Michael E. Hansen, Cengage Group CEO.

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