Discovery Education, Inc.
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Discovery Education, Inc. - overview
Established
1955
Location
Charlotte, NC, US
Primary Industry
Education/Training
About
Discovery Education, Inc. is a premier provider of digital learning resources for K-12 institutions, offering innovative educational content and personalized learning solutions that enhance teaching and foster student engagement. Founded in 1955 in Charlotte, US, Discovery Education, Inc. specializes in delivering digital learning tools for educational institutions.
In March 2022, Clearlake Capital Group acquired a majority stake from Francisco Partners. The company has completed 2 deals to date, with a total amount raised of USD 120. 00 mn from the most recent BUYOUT round. Discovery Education provides a comprehensive education platform that features a suite of digital learning resources tailored for K-12 schools.
Key offerings include award-winning educational content, personalized learning programs, and digital curricula designed to transform literacy instruction and facilitate the Science of Reading approach. Their platform supports approximately 4. 5 million educators and 45 million students globally, enhancing teaching and learning through interactive labs, videos, and vetted educational materials that promote curiosity and critical thinking. Discovery Education operates a subscription-based revenue model, enabling school districts to access a wide array of educational resources.
Schools can select from various subscription plans that align with their educational objectives, including personalized learning experiences and digital curricula. The company's partnerships with educational organizations and professional development support further bolster its revenue generation strategy. Following the acquisition in March 2022, Discovery Education plans to leverage its new funding to expand its product offerings and pursue strategic acquisitions. The company aims to enhance its suite of educational tools and tap into new geographic markets, facilitating broader access to its resources.
The funding will be pivotal in supporting these growth initiatives, allowing for the development and launch of innovative products tailored to evolving educational needs.
Current Investors
Clearlake Capital Group, Francisco Partners
Primary Industry
Education/Training
Sub Industries
Education & Training Website, Education & Training Services, Education & Training Software
Website
www.discoveryeducation.com
Verticals
EdTech
Total Amount Raised
Subscriber access only
Discovery Education, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | DreamBox Learning, Inc. | - | ||||||||
| Add-on | Completed | Pivot Interactives, SBC | - | ||||||||
| Add-on | Completed | DoodleLearning | - | ||||||||
| Secondary Buyout | Completed | Discovery Education, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | Mystery Science, Inc. | - |
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