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Weld North Education to Acquire Glynlyon to Strengthen Position in K-12 Digital Curriculum Marketplace
Monday 11 February 2019

11 February 2019 - New York, US-based pre-K-12 digital curriculum company Weld North Education (WNE) has agreed to acquire Arizona, US-based academic curriculum provider Glynlyon, Inc., to enhance K-12 digital curriculum offerings, the company said.
Terms of the transaction were not disclosed and the transaction is expected to close in 2Q19.
Glynlyon and its businesses will join Weld North Education's portfolio of existing digital education companies, Edgenuity and Imagine Learning.
With the acquisition of Glynlyon, Weld North Education serves nearly 6.0 m students within thousands of schools and districts across the country.
The company said it is poised to grow and expand its relationships across the teaching day as it enables traditional learning to benefit students and families.
Weld North Education is a leading digital education technology company focussed on developing digital curriculum and tools for pre-K–12 students. The company is built around two underlying businesses, Edgenuity and Imagine Learning.
Glynlyon, Inc., a portfolio company of Linsalata Capital Partners, is on the cutting edge of innovation for education technology empowering students, school districts and families use of technology to learn, teach and share at home, school and in life.
Edgenuity is a provider of online curriculum and instructional services for the K–12 market. Nationwide, Edgenuity is in use by more than 20,000 schools, including 20 of the 25 largest school districts, to meet academic goals and improve student outcomes.
Imagine Learning delivers award-winning language, literacy and mathematics solutions for pre-K–12 students, revolutionising the way kids learn.
Ropes and Gray LLP served as legal counsel to Weld North Education. Macquarie Capital Inc. acted as Glynlyon's exclusive financial advisor and Calfee, Halter and Griswold LLP acted as the company's legal counsel in connection with the transaction.
Details
Date Published: 11/02/2019
Target: Glynlyon, Inc
Country: USA
Sector: Business and Consumer Services
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor:
Buyer: Weld North Education (WNE)
Buyer Advisor: Ropes and Gray
Comment:
Terms of the deal were not disclosed

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