GL Education Group Limited
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GL Education Group Limited - overview
Established
1980
Location
-, -, UK
Primary Industry
Education/Training
About
GL Education Group Limited, based in the UK, specializes in educational assessments that support schools in enhancing student learning outcomes through data-driven insights and standardized tests. Founded in 1980, GL Education Group Limited provides assessment solutions for educational institutions globally. The company was recently acquired by Renaissance Learning, Inc. in February 2023, as part of a strategic move to bolster growth and capabilities.
GL Education's headquarters is located in the UK, and it has expanded its reach across over 100 countries, catering to both primary and secondary education sectors. The company has engaged in 4 financial deals, with the most recent being a Secondary Buyout that raised GBP 210. 00 mn from Levine Leichtman Capital Partners, totaling GBP 210. 00 mn raised to date.
GL Education offers a variety of assessment products aimed at measuring and improving student performance. Their main offerings include the New Group Reading Test (NGRT), New Group Maths Test (NGMT), and Cognitive Abilities Test (CAT4), which are designed for use in international schools. These assessments provide educators with standardized, adaptive tools that deliver actionable insights to track student progress and identify learning needs. The products are tailored for a wide range of educational institutions, ensuring ease of interpretation for teachers, school leaders, and parents.
In the most recent year of 2022, GL Education reported a revenue of GBP 74,111,865. 50. The company operates on a B2B model, generating income primarily through subscription services for educational institutions that utilize their assessment tools. Schools purchase annual licenses for products like NGRT and NGMT, which offer continuous access throughout the academic year while ensuring flexible pricing structures to meet diverse institutional needs.
Following its acquisition by Renaissance Learning, Inc. in February 2023, GL Education aims to enhance its product offerings and expand its market presence. The acquisition is expected to facilitate additional investments that will support the development of new educational products and services. The company plans to target new geographic markets, enhancing its ability to meet the evolving demands of the education technology sector.
With these strategic initiatives, GL Education is well-positioned to leverage its recent funding to further its growth and broaden its impact on global education.
Current Investors
Levine Leichtman Capital Partners
Primary Industry
Education/Training
Sub Industries
Education & Training Services, Web Applications
Website
www.gl-education.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
GL Education Group Limited - 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 | GL Education Group Limited | - | ||||||||
| Secondary Buyout | Completed | GL Education Group Limited | - | ||||||||
| Secondary Buyout | Completed | GL Education Group Limited | - | ||||||||
| Buyout | Completed | GL Education Group Limited | - |
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