KKR-Backed Cengage Eyes $500mln IPO in H1 2023
ByAinvest
Saturday, Jan 17, 2026 7:20 am ET1min read
C--
KKR--
MS--
Cengage Group, backed by KKR and Apax Partners, is considering an IPO that could raise $500 million in the first half of the year. The company has selected Citigroup and Morgan Stanley as lead underwriters. Cengage is focusing on online course materials and has acquired Infosec, a cybersecurity skills company. The IPO could be delayed, but the company is working to refocus its business beyond textbooks and has launched a unified K-12 learning platform called Explore.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet