How many people work for McGraw Hill?
McGraw Hill Education
| The branded McGraw Hill logo as of 2020 | |
|---|---|
| Founded | 1888 |
| Owner(s) | Platinum Equity |
| No. of employees | 3,900 (2020) |
| Official website | www.mheducation.com |
Is McGraw Hill owned by Pearson?
McGraw-Hill is owned by Apollo Global Management LLC APO. N. Cengage and McGraw-Hill are behind Pearson, the world’s biggest education company, in market share.
Who is the owner of McGraw Hill?
Apollo Global Management
McGraw Hill Education/Parent organizations
Platinum Equity, a California-based firm headed by billionaire Tom Gores, has agreed to buy McGraw Hill from Apollo Global Management Inc., the two companies announced Wednesday.
How does McGraw Hill make money?
Education publishers don’t just sell books; they deal in information. The classic example of this is McGraw-Hill. Pearson partners with The College Board to administer the SAT and scores the National Assessment of Educational Progress. The company makes $1.7 billion each year in worldwide educational testing alone.
How much does a McGraw Hill sales rep make?
The average McGraw Hill Sales Rep earns an estimated $124,379 annually, which includes an estimated base salary of $76,819 with a $47,560 bonus. McGraw Hill’s Sales Rep compensation is $13,974 more than the US average for a Sales Rep. Sales Rep salaries at McGraw Hill can range from $41,000 – $250,000.
What is McGraw Hills net worth?
This article is in your queue. The deal for the textbook publisher and educational-technology company, announced Tuesday following an earlier report by The Wall Street Journal, is valued at about $4.5 billion, including debt.
Who sold McGraw Hill?
Billionaire Tom Gores’ private equity firm Platinum Equity would acquire textbook publishing and educational technology company McGraw Hill for $4.5 billion from Apollo Global Management, the companies said on Tuesday.
Is McGraw Hill profitable?
In the fiscal year 2021, the educational publisher McGraw-Hill Education generated global revenue of 1.54 billion U.S. dollars. This marks a slight decrease from the previous fiscal year, when a revenue of 1.58 billion U.S. dollars was generated worldwide.
How much do textbook sales reps make?
The national average salary for a Textbook Sales Representative is $49,003 in United States.
How many employees does McGraw Hill have?
The company also provides reference and trade publications for the medical, business, and engineering professions. McGraw Hill operates in 28 countries, has more than 3,900 employees globally, and offers products and services to over 135 countries in 60+ languages.
What is McGraw Hill known for?
McGraw Hill is an American learning company and one of the “big three” educational publishers that provides customized educational content, software, and services for pre-K through postgraduate education. The company also provides reference and trade publications for the medical, business, and engineering professions.
What is the difference between McGraw Hill and McGraw Hill International?
McGraw Hill Global Professional, focused on post-graduate and professional learners globally. McGraw Hill International, which focuses on learners and institutions outside of the United States. McGraw Hill is also established in Asia, Australia, Canada, (as McGraw-Hill Ryerson) Europe, India, and Latin America (as McGraw-Hill Interamericana).
Is McGraw Hill Education still in business?
Formerly a division of The McGraw Hill Companies (later renamed McGraw Hill Financial, now S&P Global ), McGraw-Hill Education was divested and acquired by Apollo Global Management in March 2013 for $2.4 billion in cash. McGraw Hill was sold in 2021 to Platinum Equity for $4.5 billion.