Through the beginning of June, 17 mergers and acquisitions (M&A) have been announced or completed in the Primary & Secondary Education industry. This included seven acquisitions by private equity firms (41.2%), seven acquisitions by educational institutions (41.2%) and three acquisitions by strategic companies (17.6%). Notably, iEducation Group (backed by Leeds Equity Partner) acquired California-based Futures Academy in May for an undisclosed amount. The addition of Futures Academy, a private school with 17 US campuses, expands the number of iEducation’s individual school groups to three. Buyers have primarily utilized inorganic growth to gain new programs and servicesor to expand facility counts or geographic locations.