Acquiring Company
IXL Learning
Acquired Company
Evan-Moor Educational Publishers
Description
IXL Learning has acquired Evan-Moor Educational Publishers, enhancing its reach in the publishing field. This acquisition aims to connect educators and families with a wider range of personalized learning tools. Evan-Moor's established reputation in educational resources for PreK-8 students complements IXL's offerings. The partnership marks a significant step forward for IXL Learning's growth in the education sector.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed