Industry Reports

Published on: 03/02/2020
Capstone Headwaters has published its 2019 Year in Review of the eLearning, Corporate & Professional Training industry.  Amid the tight U.S. job market, retaining and developing individuals within an organization remains a top priority and buyers are most frequently targeting companies that offer talent management solutions including employee development and/or coaching.  
Published on: 01/09/2020
Heightened merger and acquisition (M&A) activity has been fueled by persistent demand for disruptive and scalable technology as industry operators seek to expand product offerings and market share. 
Published on: 11/06/2019
Merger and acquisition (M&A) activity has been strong in the industry both domestically and internationally, as buyers seek to consolidate the market and become premium cross-border education service providers. Notably, both Chinese company Bright Scholar Education Holdings Limited (NYSE:BEDU) and U.K.-based Busy Bees Childcare Limited expanded into new geographic territories this year including the U.S.
Published on: 06/13/2019
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.
Published on: 06/07/2019
Following a year of unprecedented merger and acquisition (M&A) volume, the Education Technology (EdTech) industry has kept pace with 2018 activity with 57 deals announced or closed in the US and Canada year-to-date. Private equity groups (PEGs) remain very active buyers and have accounted for 54% of deal volume to-date. 
Published on: 05/09/2019
Early into 2019, the Post-Secondary Education (PSE) industry has already seen a significant rise in merger and acquisition (M&A) activity. Year-to-date (YTD), 24 transactions have been announced or closed—roughly double that of YTD 2018. The uptick in M&A reinforces the fact that the PSE market is finally reaching a healthy state where buyers are coming back to the table.
Published on: 05/06/2019
Merger and acquisition (M&A) activity in the eLearning, Corporate & Professional Training industry has been robust in Q1, with 29 transactions announced or closed compared to 20 in Q1 2018. Online learning, compliance management, and talent management providers have been frequently targeted sectors in the industry. 
Published on: 05/06/2019
College applicants today face an increasingly selective admissions environment which has served as a catalyst for the growth of pre-college programs that allow for differentiation among students. With the number of college students in the US expected to grow at an annualized rate of 1.4% through 2023, there is a heightened level of competition among those pursuing higher education.
Published on: 02/25/2019
Activity in the Education Technology industry was robust in 2018 with 126 announced or closed mergers and acquisitions compared to 74 in 2017. Notably, Cambium Learning was taken private as of December after it was acquired by Veritas Capital for $752 million. Leading public player Microsoft also made headlines, with the 2018 acquisitions of Flipgrid (June, terms not disclosed), Chalkup (February, undisclosed) and the acquisition of BrightBytes’ Data Management Platform in February 2019. 
Published on: 02/19/2019
Macroeconomic tailwinds including the booming economy and increased training needs caused by the lack of qualified workers in the job market have propelled merger and acquisition activity in the eLearning, Corporate & Professional Training industry. Additionally, turnover from the baby boomer generation to millennial workers has increased training needs, specifically in areas of management.