DC Advisory acted as exclusive financial advisor to Great Learning on its acquisition by BYJU’s

Background

• Founded in 2013, Great Learning offers high quality upskilling and higher education programs in cutting edge technology, data and business domains that help transform the careers of students and professionals 
• Great Learning partners with world class universities including Stanford, MIT, University of Austin, Texas, National University of Singapore, IIT Mardas, IIT Bombay, IIT Roorkee, IIIT Delhi, IIIT Hyderabad and others 
• Great Learning offers their courses in online, boot-camp and hybrid format depending on the requirements of their global customer base
• BYJU’s is one of the world’s largest edtech companies in 2021 with over 100 million registered users and over 6.5 million paid subscribers

Process

• DC Advisory (DC) acted as an exclusive financial advisor to Great Learning and its shareholders
• DC provided full advisory support, managed the investor due diligence process, and helped to negotiate definitive documentation
• DC worked with the management team and leveraged the deep sector expertise to engage financial and strategic investors in the space, providing Great Learning with the opportunity to negotiate multiple offers before finalising to go ahead with BYJU’s

Outcome

• This transaction will help Great Learning turbo charge their global presence and enhance their access to global inorganic growth opportunities
• The deal marks BYJU’s entry into professional learning and higher education space
• The current Great Learning management team will continue to lead the professional and higher education business for BYJU’s going forward

“The DC Advisory team, led by Nitin and Gaurav, worked tirelessly to ensure that the business found the right partner in a very short time frame and in a seamless manner. At each step, the DC team provided us with the right advice and managed a very tight process. I would highly recommend DC Advisory to all edtech founders.”