Tag: Larry Berg

Platinum Equity acquires McGraw Hill from Apollo Funds for $4.5 bn

Platinum Equity announced that it has entered into a definitive agreement to acquire McGraw Hill, a global leader in educational content and digital platforms, from funds (the Apollo Funds) managed by affiliates of Apollo Global Management, Inc. (together with its consolidated subsidiaries, “Apollo”) for a purchase price of approximately $4.5 billion. Founded in 1888, McGraw Hill…