2019-03-06 Turnitin to Be Acquired by Advance Publications for $1.75B

“Turnitin is a great acquisition for Advance Publications, which has only invested in partial stakes in edtech companies in the past,” said Mary Jo Zandy, managing director at Berkery Noyes, an investment bank that also advises on mergers and acquisitions (but not on this one). “And it is a solid diversification from general media. Most likely, it also has the growth attributes that Advance may be seeking.”