online tutoring, page-2

KME’s significant investment in technology and its online expertise, makes it very attractive

Another mergermarket.com article

“The Australian education sector expects to see further M&A activity driven by the need to access online offerings, particularly in the tertiary sector, including university and vocation, industry executives and bankers told this news service.

Online children’s education and early childhood education service providers are also expected to see consolidation, while some companies may be considering listing given the attractive valuation multiples in the sector, they said..

While domestic education providers have good courses and content, including course materials and educational products, they lack the technology and expertise to take their offering online, a factor that will drive consolidation, said Kip McGrath, MD of the listed tutoring company of the same name.

Kip McGrath [ASX:KME], which has a market cap of around AUD 12m, is seen as one likely target, alongside children’s online learning resource company 3P Learning, which owns the Mathletics brand, said one banker. 3P Learning has been reported to be pursuing an ASX-listing.”