The Education Investor: Third Quarter 2002
|Private investment in education businesses once again reached a record quarterly low, falling to $25 million. While just a handful of companies were able to access capital, merger and acquisition activity surged dramatically as cash-rich acquirers further strengthened their positions through the purchase of complementary firms. With 26 announced transactions, the third quarter was the most active M&A period across the previous twelve months.|
As a prelude to Eduventures' in-depth year-end report, this edition of The Education Investor offers a snapshot of third quarter private investment activity, with special attention given to M&A transactions.