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04/2014

CROSSKNOWLEDGE acquired by JOHN WILEY & SONS

FRANCE Education / EdTech & Content EV 100M - 350M USD

Context

John Wiley & Sons acquired 100% of CrossKnowledge. This acquisition is a key component of the buyer's strategy to expand its "Professional Development" division and compete in the rapidly growing global corporate talent management market. The strategic rationale centers on combining the target's advanced e-learning technology and global management team with the acquirer's massive distribution network and content portfolio. For the target, the deal provides the "firepower" needed to penetrate new international markets and accelerate growth under a global brand. This transaction follows other recent acquisitions by the buyer, such as Inscape and Profiles International, solidifying its transition into a digital services provider.

CROSSKNOWLEDGE, which reported an EBITDA margin of in 2013, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (11.2x).

-> Deep-dive in Retail & Consumer market trends

Target

CrossKnowledge is a French pioneer and leader in the e-learning and distance learning market. The company provides cloud-based corporate training solutions through a SaaS licensing model, serving a diverse client base that includes global corporations, SMEs, and academic institutions. At the time of the transaction, it maintained a workforce of over 200 employees across ten countries and offered a massive catalog of 17,000 learning objects in 17 languages. Serving over five million users in more than 80 countries, the firm is recognized for its high-quality pedagogical content and its robust, scalable cloud architecture.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2013
2012

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REFERENCES

Valuation range: EV 100M - 350M USD

EBITDA range: 5M - 25M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CROSSKNOWLEDGE by JOHN WILEY & SONS are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: john wiley & sons