Cengage Learning
Apax Partners and OMERS Private Equity sold Cengage (formerly Thomson Learning) to various PE hands including Carlyle. Cengage filed for Chapter 11 bankruptcy in 2013 with $5.8B in debt, largely from its 2007 LBO. Students faced continued high textbook prices throughout.
- FOUNDED
- 1827
- ACQUIRED
- The Carlyle Group, 2007, $7.75B
- WEB
- cengage.com
Editorial Record
maintained by DeathbyPE. Every claim links to a public source.Timeline
1827
Cengage Learning founded
2007
Acquired by The Carlyle Group for $7.75B
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