Our firm acted as exclusive financial advisor to WebAssign’s majority shareholder in the Company’s sale to Cengage Learning. WebAssign’s web-based automated grading, assistive learning, classroom management, and digital courseware platform has established the Company on the forefront of the self-published, Open Education Resource, and instructor-created content movement whilst working with publishers across the board to provide students and teachers a positive and successful teaching and learning experience.
Cengage Learning is a leading educational content, technology and services company for the higher education and K-12, professional and library markets worldwide. The company provides superior content, personalized services and course-driven digital solutions that accelerate student engagement and transform the learning experience.
Read the press release here
has been acquired by
Date: September 2016
Transaction Type: Private Company, Sell-Side