Espresso Education, the UK provider of digital education resources for primary schools, has been bought by US media giant Discovery Communications, operator of the Discovery Channel.
The sum paid was undisclosed.
Espresso Education's education services, which include Espresso Primary, Clipbank and Channel 4 Learning, are available in nearly 11,500 schools in the UK, with Espresso Primary serving nearly 50% of primarily schools. The company's major shareholders include ITN, Channel 4 and growth capital investor Beringea.
The acquisition is Discovery's first in the international education space and the UK business will now be overseen by division Discovery Education. Division c.e.o. Bill Goodwyn said: "For more than 10 years, Discovery Education has focused on transforming teaching and learning with the highest quality, standards-based digital content, unparalleled teacher training and the largest professional networking and learning community. Espresso Education's commitment to high standards for content is well matched with Discovery Education's mission, making this the perfect acquisition as we scale our efforts to positively impact student achievement around the world."
Founder Lewis Bronze said: "We are extremely pleased to be joining a blue chip industry leader like Discovery Education and we look forward to working with them to continue to transform classrooms across the UK. I am confident that with the combination of Discovery Education's unparalleled content and resources, and Espresso's strong footprint in U.K. primary schools, we will continue to offer imaginative and curriculum-relevant services that will make a positive impact on pupil understanding and achievement."