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Intelligence
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Tools

Littera Education Acquires Goboard And Tutor Matching Service To Provide Best-In-Class Tutoring Solutions For K-12 And Higher Education

Oct 17, 2022about 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.

Company Information

Company

Littera

About

We believe every child deserves the care and attention of a great tutor. Littera customizes tutoring intervention for K-12 schools and districts by supporting any student, subject, schedule or staffing model. With our virtual tutors, curriculum integrations, and the Littera Tutoring Management System, schools can reach every learner with individualized support. For information, visit www.litteraeducation.com.

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