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Aug 2, 2021 · LOS ANGELES and NEW YORK (August 2, 2021) – Platinum Equity announced today that it has completed the acquisition of McGraw Hill, a global leader in educational content and digital platforms, for a purchase price of approximately $4.5 billion.
May 4, 2021 · What was the Cengage/McGraw-Hill merger and how did it fail? The Cengage/McGraw-Hill merger was announced on May 1, 2019. The proposed merger would have combined the second and third largest education publishers into a single firm, which would control approximately 45% of the U.S. college textbook sales.
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Aug 2, 2021 · LOS ANGELES and NEW YORK, Aug. 2, 2021 /PRNewswire/ -- Platinum Equity announced today that it has completed the acquisition of McGraw Hill, a global leader in educational content and digital...
Jun 16, 2021 · It marks the second time since 2019 that Apollo has reached a deal to sell McGraw Hill. A proposed megamerger between McGraw Hill and Cengage, two of the largest education publishers, was...
Jun 15, 2021 · June 15, 2021. New Owner for McGraw Hill. By Doug Lederman. A year after a proposed merger between Cengage and McGraw Hill Education collapsed amid significant regulatory opposition, the investment firm that owns McGraw Hill sold it to another firm for $4.5 billion.
- Doug Lederman
May 1, 2019 · UPDATED. McGraw-Hill Education and Cengage announced today that they have agreed to merge, in a pairing that will bring together two major producers of educational content and services across...
Formerly a division of The McGraw Hill Companies (later renamed McGraw Hill Financial, now S&P Global ), McGraw Hill Education was divested and acquired by Apollo Global Management in March 2013 for $2.4 billion. [4] [5] [6] [7] [8] McGraw Hill was sold in 2021 to Platinum Equity for $4.5 billion. [9] Corporate history.