Littera Education Acquires Goboard And Tutor Matching Service To Provide Best-In-Class Tutoring Solutions For K-12 And Higher Education
Oct 17, 2022•about 3 years ago
Acquiring Company
Littera
Acquired Company
Tutor
Language LearningE LearningEducation
Description
While the need for tutoring has risen dramatically during the pandemic, tutoring services for students are often limited by classroom space or the number of tutors, courses, or hours available. Littera Education, a leader in K-12 high-impact tutoring, has acquired Tutor Matching Service and GoBoard to help address these challenges in higher education — and enhance the tutoring it currently offers to K-12 schools and districts.
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