EdTech Summer Report 2024

Selected Industry Precedent Transactions

Target

Buyer

Date Announced EV/Revenue EV/EBITDA Target Description

NM Udacity is a digital learning platform for consumers and enterprises. Udacity offers online courses in programming, business, AI and ML, autonomous systems, cloud computing, and real-world projects.

Mar-2024

10.0x

Jan-2024

4.1x

NM

AXL is a global IT platform for digital educational course creators. Based in Lewes, Delaware.

NM Pflege Campus offers unlimited access to expert knowledge in nursing and medicine across 600+ training courses. Includes more than 2,600 learning units and 1,900 knowledge tests.

Jan-2024

NM

51.7x Seably is a maritime training marketplace. The company offers a wide range of flag state-approved STCW courses, legislation- types training, reflective learning courses, and other customer-demanded trainings all in one place.

Nov-2023

3.3x

NM Richardson Sales Performance is a global leader in sales training and performance improvement. Richardson combines a blend of proprietary intellectual property, digital technology, a data-driven approach, and a worldwide network of sales experts to create one of the most differentiated experiences and scaled sales performance solutions available on the market.

Jul-2023

NM

4.9x Equus Workforce Solutions is one of the largest workforce development organizations in North America, with over 3,000 employees operating across 38 states and territories.

Sep-2022

0.5x

4.5x Vitalyst accompanies Fortune 1000 companies in the adoption of cloud-based Microsoft business applications. Its more than 165 professionals currently support over 350 business applications for over 400 clients that operate in more than 20 countries.

Feb-2022

1.7x

NM Credly helps individuals translate their learning experiences into professional opportunities with trusted, portable, digital credentials. The platform empowers organizations to address skill gaps while attracting and retaining talent.

Jan-2022

15.0x

Sources: Company filings, Pitchbook, CapIQ

21

Made with FlippingBook interactive PDF creator