NEW YORK, July 23, 2013 /PRNewswire/ -- Berkery Noyes, an independent mid-market investment bank, today released its half year 2013 mergers and acquisitions trend report for the Education Industry. (Logo: http://photos.prnewswire.com/prnh/20130708/LA44050LOGO) The report analyzes M&A activity during the first half of 2013 and compares it with the four previous six-month periods from 2011 to 2012. This market includes information and technology companies servicing the Education Industry, including the K-12, Post-Secondary, Childcare Services, and Corporate and Professional Training segments. Deal volume improved five percent on a half-to-half year basis, from 128 to 135 transactions. Aggregate value fell 16 percent, from $4.57 billion in second half 2012 to $3.84 billion in first half 2013. Capita, a UK based provider of business process outsourcing (BPO) and professional support services, was the most active acquirer in first half 2013 with four deals in the Education Industry. Pearson was also an active acquirer with three transactions in first half 2013. Two of these deals focused on assessment and testing software. Pearson's acquisition of Learning Catalytics was centered on cloud based learning analytics and assessment for Higher-Ed, whereas the acquisition of Exam Design focused on exam development software and hiring certification tools for businesses. Meanwhile, McGraw-Hill Education acquired ALEKS Corporation, which develops assessment software for both the K-12 and Higher-Ed markets. In terms of notable new acquirers in the Education Industry during the past six months, Xerox acquired LearnSomething, an e-learning company that provides digital education solutions to retail companies in the food, drug, and healthcare sectors. Tablets are also beginning to play a more important role in the classroom, which is drawing the attention of some acquirers. For example, Renaissance Learning acquired Subtext, an e-reading platform that facilitates learning objectives in line with the Common Core standards. As for financial sponsors, private equity represented 24 percent of transaction volume in first half 2013. Vista Equity Partners was the most active private equity firm in the Education Industry, completing 12 transactions throughout the last two-and-a-half years covered in the report.