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Vasta announces appointment of new CFO and investor relations officer

Vasta announces appointment of new CFO and investor relations officer
wallstreet-online.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wallstreet-online.de Daily Mail and Mail on Sunday newspapers.

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Vasta Platform Limited to Report Fourth Quarter 2020 Financial Results on March 30, 2021

Vasta Platform Limited to Report Fourth Quarter 2020 Financial Results on March 30, 2021
einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.

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Vasta to acquire Editora Eleva

Company”) (NASDAQ: VSTA) today announced the execution by its subsidiary, Somos Sistemas de Ensino S.A. (“
Somos Sistemas”), of a Sale and Purchase Agreement to acquire (the “
Acquisition”), subject to certain conditions precedent, Editora Eleva S.A. (“
Editora Eleva”), a K-12 education platform provider, from Eleva Educação S.A. (“
Eleva”). As consideration for the Acquisition, Vasta will pay a purchase price amounting to R$ 580 million, subject to certain price adjustments, in installments over a 5-year period (each installment adjusted by the positive variation of the CDI index), which corresponds to a multiple of 16.6x the EBITDA of Editora Eleva for the year ended on December 31, 2020. ....

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Enforced Changes in Education Systems Give Rise to Online Solutions

Enforced Changes in Education Systems Give Rise to Online Solutions
FinancialBuzz.com News Commentary
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NEW YORK, Dec. 21, 2020 /PRNewswire/ The idea to transition a major portion of the education system online has been flirted with for years, as more and more online curriculums were slowly introduced in universities across the world. But, due to the pandemic and the social restriction that followed, online education, both from traditional and alternative learning institutions, has become a crucial part of the education system. For example, online classes in Brown University have allowed students studying abroad and faculty conducting research outside of Providence to continue teaching at the University. With today s normalization of online education, Brown can reach more audiences, including a larger pool of pre-college students and graduate students, as the University had begun to explore before the pandemic, according to T ....

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K-12 Dealmaking: Instructure Acquires Major Assessment Provider; IntellectoKids Raises Funds

K-12 Dealmaking: Instructure Acquires Major Assessment Provider; IntellectoKids Raises Funds
Several major acquisitions closed in the education space in the last several weeks, spanning from the U.S. to the U.K. to Brazil. Instructure is acquiring a large assessment company, which will significantly broaden its portfolio.
Another major deal will take technology workforce development company Pluralsight off of the public market and into the hands of Vista Equity Partners, a private equity firm.
A few highlights:
Instructure to acquire Certica Solutions. Education powerhouse Instructure, which runs the Canvas Learning Management System widely used in K-12, will acquire Wakefield, Mass.-based Certica Solutions, an industry leader in K-12 assessments, item banks, and learning analytics, Instructure announced. ....

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