With $150 Million to Spend, Hero K12 Goes Shopping for Education Technology Companies | Tony Wan

Unless you’re Jeff Bezos, people with money typically do not solicit the public for ideas on how to spend their dollars. Yet that’s not the case for Hero K12, which is announcing, rather bluntly, that it is going on a shopping spree to buy education technology companies.

Making this possible for the Miami Lakes, Fla.-based company is BV Investment Partners, which is giving Hero K12 $150 million to spend on making acquisitions. In addition, BV is making an undisclosed investment that will give it a minority stake in the company.

Founded in 2015, Hero K12 offers a behavior management…

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