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New Deal


Announced

Kirkbi to acquire Brainpop for $875m.

Financials

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Transaction Value£790m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Digital Services

edtech

Cross Border

Pending

Friendly

education

Majority

Single Bidder

United States

digital services

Acquisition

Private Equity

Synopsis

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Kirkbi, a private holding and investment company, agreed to acquire Brainpop, an online educational solution that makes rigorous learning experiences accessible and engaging for all students, for $875m. “This is a company that has substance it has real know-how to engage children and make them curious and interested," Jørgen Vig Knudstorp Brainpop Chairman.

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