About

Expertise

From investment banking to strategy consulting, our expertise helps you advance change in the education sector.

Culture & Careers

Come help us build the future of education.

Team

Get to know our experts in the global education ecosystem.

Investment Banking

Overview

Learn how we help companies capitalize on the future of learning.

Transactions

See our completed transactions across the education ecosystem.

Strategy Consulting

Overview

Learn about transformative insights and actionable recommendations to catalyze your company's growth.

Services

See what services we offer to help solve your toughest challenges.

Must Read

Press Releases

Wolters Kluwer Health to Acquire Firecracker

Wolters Kluwer Health announces today that it has signed an agreement to acquire Firecracker, an adaptive learning, assessment, and study-planning solution used by more than 20 percent of U.S. medical students.

Firecracker will become part of the Health Learning, Research & Practice group, which produces high quality medical education and practice content under the Lippincott imprint.

Founded in 2009, Firecracker uses a technology- and data-driven approach to improve medical student learning in preparation for high stakes exams, including the United States Medical Licensing Examination (USMLE). The platform, in which more than 85 million questions are answered annually, is powered by an adaptive algorithm that delivers personalized learning and remediation to ensure ongoing retention of content and preparedness for medical school finals and certification exams.

“We’re excited to expand our portfolio of online evidence-based learning tools with Firecracker’s proven technology,” said Diana Nole, CEO, Wolters Kluwer Health. “Combined with Lippincott premium content and solutions, Firecracker enhances our position in the medical education market and helps us further leverage machine learning and advanced technologies to help clinicians deliver the best quality care to patients.”

Firecracker has 16 employees and is headquartered in Boston, Massachusetts. Revenues are recurring in nature and derived from the U.S. market. Wolters Kluwer expects the acquisition to deliver a return on invested capital above its after tax weighted average cost of capital (8%) within three to five years of completion and to have an immaterial impact on adjusted earnings.

Completion of the transaction is subject to customary closing conditions.

Access the press release here.

Stay Informed

Sign up for the Tyton Partners newsletter for our latest insights, news, announcements, and more.
  • This field is for validation purposes and should be left unchanged.