Following the Money in Ed-Tech Investment: Number of Mergers Grows

Investors are rushing to buy into higher-education-related companies these days, and there’s plenty of consolidation in the market as well.

The number of mergers and acquisitions in the industry has reached its highest peak in two and a half years, according to a recent report by the investment-banking firm of Berkery Noyes. In the past six months, the number of such mergers grew by 9 percent.

Most mergers highlighted in the report don’t share a major theme, said Trace Urdan, an independent an...