Deal Snapshot
CHEGG TO ACQUIRE THINKFUL ONLINE SKILLS-BASED LEARNING PLATFORM FOR USD 80M
Tuesday 10 September 2019

California, US-based learning platform Chegg, Inc. (NYSE: CHGG) has entered into a definitive agreement to acquire Thinkful, an online learning platform that offers professional courses directly to students across America, the company said.
With the pending acquisition of Thinkful, Inc., Chegg said it will expand its leading direct-to student learning platform by adding affordable and high-quality courses focussed on the most in-demand technology skills to develop the next generation workforce. Chegg expects to acquire Thinkful for approximately USD 80m in an all-cash transaction.


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Details
Date Published: 10/09/2019
Target: Thinkful
Country: USA
Deal Size: 80m (USD)
Sector: IT/Online Services
Type: Corporate acquisition
Financing: Cash
Status: Agreed
Vendor:
Buyer: Chegg, Inc
Comment:


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