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IXL Learning completes acquisition of Carson Dellosa Education to expand educational resources portfolio

Aug 05, 2024•over 1 year ago

Acquiring Company

IXL Learning

Acquired Company

Carson Dellosa Education

Greensboroe-learningEbooksE LearningEducation

Description

IXL Learning is excited to announce the acquisition of Carson Dellosa Education, the market-leading publisher of teaching supplies for educators and families. This acquisition reinforces IXL's dedication to supporting learners across all stages of their educational journey, both in physical and digital formats, while expanding its presence in the publishing industry.

Company Information

Company

IXL Learning

Location

777 Mariners Island Boulevard

About

IXL Learning is an educational technology company founded in 1998, dedicated to enhancing learning through innovative technology. Headquartered near San Francisco, IXL has grown into a major player in the K-12 edtech sector, serving learners in all 50 U.S. states and 190 countries. The company maintains control over its product development with in-house teams, ensuring engaging and effective learning experiences. The flagship IXL Platform offers personalized learning in subjects such as math, language arts, science, social studies, and Spanish, utilizing adaptive technology to cater to each student's needs. IXL also provides a Real-Time Diagnostic tool for assessing proficiency, immersive language learning in 25 languages, and access to trusted tutors through its acquisition of Wyzant. Additionally, IXL offers a variety of educational resources, including Vocabulary.com and ABCya, as well as offline learning materials like math workbooks. With a mission to inspire lifelong learning, IXL Learning focuses on creating solutions that support diverse learners and educators worldwide.

M&A Insights

Based on deal data
Integration 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