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 strategic 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, venture capital, estates, and antitrust. This collaborative approach ensured that Discovery Education received efficient and practical legal advice tailored to the complexities of the acquisition. As a result of this acquisition, Discovery Education significantly enhanced its STEM education offerings, further solidifying its position in the market and expanding its reach to educators and students globally. The integration of Mystery Science's curriculum is expected to enrich the educational experiences of millions of students, aligning with Discovery Education's mission to provide high-quality digital learning resources.