Chegg Inc acquires Busuu Online SL

On November 29, 2021, Chegg Inc acquired Busuu Online SL, an internet software and services company in Spain, from McGraw Hill, Inc.

Deal at a glance

AnnouncedNovember 29, 2021 TypeAdd-on Acquistion TargetBusuu Online SL Buyer Chegg Inc Seller McGraw Hill, Inc. SectorInternet Software and Services LocationSpain ValueMembers only

Target company

Busuu Online SL

Spain

Internet Software and Servicessector

-founded

Activestatus

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Buyer

Chegg Inc

Company · 16 deals on record

10th transaction in internet software and services
1st transaction in Spain

16deals, all time

10in this sector

2021latest

Seller

McGraw Hill, Inc.

Company · 15 deals on record

15investments

3in this sector

3exits

Members only

Contact details at the buyers and sellers

The full deal history of every party

Co-investors and the other advisors on this deal

Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired Busuu Online SL?Chegg Inc acquired Busuu Online SL on November 29, 2021.

Who sold Busuu Online SL?McGraw Hill, Inc. was the seller.

What type of deal was it?It was a add-on acquistion in the internet software and services sector in 2021.

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