Announced
Completed
Financials
Sources
Tags
Completed
Acquisition
Venture Capital
Single Bidder
Cross Border
Private
Software
Minority
Brazil
educational software
Friendly
Synopsis
Pearson, a learning company, completed the acquisition of a minority stake in Prepona, a developer of an e-assessment platform, from BP Ventures, a venture capital firm. Financial terms were not disclosed. The minority stake acquisition aims to create new opportunities in market and the sharing of best practices and market insights. While Prepona and Pearson VUE will continue to operate independently, with no changes to either company’s day-to-day operations or management, this partnership marks an important step for Pearson VUE’s presence in the South American market.
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