TC Media Acquires French Language Sub of Nelson Education
TC Media, a brand of Montréal's Transcontinental Inc., has acquired Groupe Modulo, a publisher of French-language educational resources and materials and a subsidiary of the Scarborough, Ontario-based Nelson Education Ltd. The financial terms of the deal were not disclosed. Nelson is a portfolio company of Apax Partners and OMERS Private Equity. The British and Canadian buyout firms jointly acquired Nelson and its US affiliate Cenage Learning Inc. from Thomson Corp. (now Thomson Reuters, publisher of peHUB Canada) as part of a US$7.75 billion transaction in 2007.
31 January 2013•3 mins read
