Pearson, the UK-based  publisher and education company, has acquired EmbanetCompass for $650m from an investor group led by Knowledge Universe,  a US-based education corporate, and Technology Crossover Ventures.

Founded in 1995 Embanet provides online program design and development for post-secondary educational institutions.

Knowledge Universe previously invested in Embanet in 2007 which was Embanet’s first external round of funding

 Embanet partners with leading non-profit colleges and universities in North America to provide online learning solutions for more than 100 university…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.

Not sure if you have a subscription?