EdTech Annual Report 2025

Top EdTech M&A Deals in 2024 Lower Middle Market

Deal Size ($M)

Deal Type

Deal Size ($M)

Deal Type

Date

Target

Buyer

Date

EdTech Sector

Target

Buyer

EdTech Sector

May 2024

135

Strategic

K-12

Jun 2024

17

Strategic

Corporate

Private Equity

Private Equity

Jan 2024

99

Corporate

Jun 2024

12

Corporate

Private Equity

Jul 2024

78

Corporate

Mar 2024

10

Strategic

Corporate

Private Equity

Oct 2024

40

Strategic

Corporate

Mar 2024

9

B2C

Feb 2024

26

Strategic

Corporate

Sep 2024

6

Strategic

K-12

Private Equity

Oct 2024

24

K-12

Nov 2024

6

Strategic

K-12

Private Equity

Jul 2024

20

Strategic

K-12

Apr 2024

6

Higher Ed

Early Childhood

Jun 2024

17

Strategic

Jan 2024

5

Strategic

Corporate

Feb 2024

17

Strategic

K-12

May 2024

5

Strategic

Corporate

Source: Pitchbook as of 31 December 2024. Note: NA represents undisclosed data; NM represents not meaningful (multiples >50x).

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