PE Tech Report

Training & Education

Innervation Capital-backed Melrose Education secures growth capital from OakNorth Bank

OakNorth Bank has provided growth capital to Innervation Capital Partners, a sector-focused, theme-driven investor to support the “buy and build” strategy of its newly-launched Special Educational Needs (SEN) provider, Melrose Education. Innervation Capital focuses on investing in platform companies in essential services sectors such as education. It then works closely

Riverside invests in Augusoft

The Riverside Company, a global private investor focused on the smaller end of the middle market, has invested in Augusoft, a specialist in enrolment management for continuing and corporate education programmes.

GoStudent raises EUR300m in Series D funding led by Prosus

Vienna-based GoStudent, which provides one-to-one video-based online tutoring, has raised EUR300m in a Series D funding round led by new investor Prosus. Additional participation in the round came from Deutsche Telekom, SoftBank Vision Fund 2, Tencent, Dragoneer, Left Lane Capital and Coatue.  The funding comes just seven months after GoStudent

Semcon acquires Walkgrove

Semcon is expanding its offering in digital learning by establishing a local presence in a new geographic market through the acquisition of UK-based Walkgrove. Walkgrove began operating back in 1994 and the company has a long tradition of providing high-quality learning solutions. Its customer base includes organisations from many different

Foursan Group acquires 49 per cent of Jo Academy

Middle Eastern private equity firm Foursan Group has acquired a 49 per cent stake in Jo Academy, an online private tutoring platform based in Jordan.  Jo Academy established its preeminent reputation by offering online supplementary courses (pre- recorded and live) to Grade 12 students enrolled in the Jordanian national program

Target Global leads USD40m Series B funding round in Lepaya

Target Global has led a GBP40 million Series B funding round in Lepaya, a provider of skills training that combines online and offline learning. The investment is one of the largest financing rounds to date for an education technology company in Europe. Noor van Boven (formerly N26), Anna Brandt (formerly

Esme Learning Solutions secures additional USD15m in new funding round

Esme Learning Solutions, a specialist in online professional development has secured a further USD15 million in new funding to support the edtech company’s rapid global expansion.  Previous investors, Adit Ventures are committing a further USD10 million with leading edtech solution providers, ThriveDX making a strategic investment of USD5 million.  The

Riverside to invest in iCEV

The Riverside Company, a global private investor focused on the smaller end of the middle market, is to invest in iCEV, a developer of SaaS-based digital curriculum, instructional materials and industry certifications for the Career and Technical Education (CTE) market. Riverside has invested in more than 80 education and training

AUA Private Equity Partners formalises Partnership with First Generation Investors

AUA Private Equity Partners (AUA Private Equity), a lower middle-market consumer investment firm, has formalised a partnership with First Generation Investors (FGI), a 501(c)(3) non-profit organization that works to provide high school students in underserved communities with the knowledge and skills to thrive in the investment economy.  As part of

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