Like it or not, education is an industry, and much of the change we see affecting higher ed and K-12 institutions is driven by investment from the private sector. It can be useful to get a high-level view of the trends in private investments to help understand where private companies (edtech vendors, publishers, for-profit institutions, etc) are likely to move in the future.

According to a new year-end report from Berkerey Noyes, a US-based investment banker, merger and acquisition activity in the education industry continued to grow in 2013, with the 9 of the 10 largest deals occurring outside of the US. As summarized at Education Week:


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