McGraw Hill Expands Digital Offerings with Essaypop Acquisition
Deal News | Mar 25, 2025 | Platinum Equity
McGraw Hill has announced the acquisition of Essaypop, a cloud-based interactive writing education platform. This acquisition aligns with McGraw Hill's strategic objectives to enhance its personalized digital learning capabilities, fostering its transformation into a global leader in digital education solutions. As McGraw Hill continues to expand under the ownership of Platinum Equity, this transaction adds a comprehensive K-12 writing resource designed to engage learners and provide educators with real-time insights and customized feedback. Essaypop’s combination of research-based solutions with intuitive templates is poised to significantly enhance McGraw Hill’s educational offerings. The acquisition reflects McGraw Hill's ongoing commitment to leveraging technology in education to deliver effective, personalized, and accessible learning experiences.
Sectors
- Education Technology
- Private Equity
Geography
- United States – McGraw Hill is headquartered in the United States and continues to expand its educational influence within and beyond the U.S. market.
- Global – McGraw Hill provides educational solutions in more than 80 languages and across various continents, indicating its global reach and influence.
Industry
- Education Technology – The article highlights McGraw Hill's acquisition of Essaypop, an educational technology company that provides a digital cloud-based writing platform for K-12 education.
- Private Equity – Platinum Equity is mentioned as the owner of McGraw Hill, highlighting the role of private equity in strategic acquisitions and portfolio expansion.
Financials
- N/A – The article does not disclose the financial details of the acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| McGraw Hill | Acquiring Company | Company | A leading global education company that offers trusted content and digital learning solutions to millions worldwide. |
| Essaypop | Target Company | Company | An interactive, cloud-based writing solution company focused on enhancing K-12 education. |
| Platinum Equity | Owner of McGraw Hill | Company | A private equity firm with a diverse portfolio, including McGraw Hill, focusing on strategic acquisitions. |
| Jacob Kotzubei | Co-President, Platinum Equity | Person | Co-President of Platinum Equity, commenting on the strategic nature of the acquisition. |
| Matthew Louie | Managing Director, Platinum Equity | Person | Managing Director of Platinum Equity, involved in the company's strategic decisions regarding portfolio expansion. |
| Jana Thompson | Chief Product Officer for McGraw Hill School | Person | She articulates the vision for integrating Essaypop's technology into McGraw Hill's educational offerings. |
| Michael Hicks | Founder of Essaypop | Person | Founder of Essaypop, expressing enthusiasm about the acquisition by a reputable education company. |