Partnerships & Acquisitions, March 27, 2020

March 27, 2020 | Volume 51, Number 7

John Wiley & Sons (Hoboken, NJ) in March acquired Madgex (New York), which provides job board software and career center services. Madgex, which becomes part of Wiley’s Research segment, has worked with the company since 2011 and contributes to the goal of expanding Wiley’s product and services offerings.

Elsevier (Amsterdam) in March acquired Authess (Boston), the online problem-based assessment developer founded in 2015. Elsevier plans to use the competency-based assessment capabilities to help develop more competent, job-ready nurses. Authess adds to Elsevier’s nursing and health education portfolio, which includes HESI, a comprehensive review and testing solution to prepare nursing and health students for high-stakes exams and career success, and Sherpath, a personalized, integrated teaching and learning technology built specifically for health care education.

Private equity firm Thoma Bravo in March completed its acquisition of learning management solutions provider Instructure (Salt Lake City) in an all-cash transaction that valued the company at an aggregate equity value of approximately $2 billion. With the completion of the acquisition, Instructure’s common stock ceased trading and the company is no longer listed on the New York Stock Exchange.

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