Sections
Shortcuts
Business

Former chief of Kaplan aims to build a rival

This is a summary. To read the whole story subscribe to BostonGlobe.com

For 14 years, Jonathan N. Grayer helped build Kaplan from a small test preparation company into one of the giants of the education business and the crown jewel of what once was The Washington Post Co.

Now, with a pair of acquisitions, Grayer will take a big step toward expanding his latest venture into a learning hub for the digital age.

Weld North, the company Grayer now runs as chairman and chief executive, plans to announce Monday that it has acquired two digital learning businesses that will help expand the company into English-language education and school management.

Terms of the deal were not disclosed, but people briefed on the matter said Weld North was paying a total of more than $150 million for the two companies, Imagine Learning and Truenorthlogic.

Full story for BostonGlobe.com subscribers.

Get the full story with unlimited access to BostonGlobe.com.

Just 99 cents for four weeks.

Sections
Shortcuts

Share