M&A Advisory
K&L Gates
Full Credential Description
Discovery Education, a leader in digital curriculum resources for K-12 education, faced the challenge of expanding its offerings in the STEM education sector. To address this, they sought to acquire Mystery Science, a K-5 STEM curriculum provider that is utilized in over 50% of U.S. elementary schools each month. Mystery Science provides ready-to-teach digital lessons that engage young students through questions, videos, and hands-on activities, making it a valuable addition to Discovery Education's existing resources. K&L Gates LLP facilitated this acquisition, leveraging a cross-office team to provide comprehensive legal support across various disciplines. The team, led by M&A partner Brett Durham, included experts in corporate law, technology transactions, labor and employment, benefits, corporate tax, real estate, and antitrust. This collaborative approach ensured that Discovery Education received efficient and practical legal advice tailored to the complexities of the transaction. The successful acquisition of Mystery Science not only enhanced Discovery Education's but also strengthened its position in the digital STEM education market, allowing it to better serve the needs of educators and students globally. This strategic move is expected to further support the company's mission of providing high-quality educational resources, thereby benefiting millions of students and educators worldwide.