With Textbook Lawsuit Dismissed, Platinum Equity Inks $4.5B Deal to Buy McGraw Hill

Publisher McGraw Hill will soon pass from one private-equity firm to another. Platinum Equity announced an agreement this week to buy the company from Apollo Global Management, in a deal valued at about $4.5 billion, including debt, reports the Wall Street Journal. McGraw Hill CEO Simon Allen will continue to lead the business, according to … Read more

Why Santa Fe Broke the K-12 Model and Chose a Different Curriculum for the Middle Grades

Choosing a new curriculum for New Mexico public school districts is no small task. Each content area goes through a six-year adoption cycle. So, before committing, districts solicit input from teachers, parents, administrators and even community members, in an effort to make the best choices for their kids. One reason we chose MidSchoolMath is that … Read more

Why Jo Boaler Believes This Math Curriculum Is the Key to Promoting Growth Mindset

When Dr. Jo Boaler started her teaching career in inner-city London—in a culturally diverse school population with roughly 250 different languages spoken—she was tasked with teaching math to students assigned to the bottom track. As far as the school system was concerned, this was the group destined for low-level achievement. She recalls one of her … Read more

A New Online Tutoring Market Has Emerged — In Construction. It Requires a Surprising Number of Books.

There’s a high-stakes exam that’s created an entire industry selling test-preparation products and services to people willing to shell out big bucks for help honing their skills and strategies. It’s not the SAT, or the MCAT. In fact, it’s not related to academic admissions at all. Yet it has generated lots of online guides and … Read more

Newsela Raises $100M to Challenge K-12 Textbook Publishers, Eyes Acquisitions

Business news is packed with unicorns, and Newsela is the latest in education to join the herd after reaching the vaunted billion-dollar valuation. That status comes courtesy of a $100 million investment led by Franklin Templeton and existing investor TCV. Owl Ventures, Tao Capital Partners, Chan Zuckerberg Initiative and Waycross Ventures also contributed. Newsela, founded … Read more

Digital Courseware Provider Top Hat Gets $130M and a New CEO

Another balding founder of a tech company is passing the baton off to a successor. No, this is not the same shellshock as Jeff Bezos’ resignation letter, nor is the company anywhere as big as Amazon. But it could prove just as disruptive in the world of education publishing, where technology startups have been steadily … Read more