Arco Platform Limited (NasdaqGS:ARCE) entered into an agreement to acquire COC and Dom Bosco from Pearson Education do Brasil S.A. for BRL920 million on March 6, 2021. As part of the acquisition, 80% of the purchase price will be payable at the time of closing, and the remaining 20% of the purchase price payable on the first anniversary of the closing date. The transaction also includes an agreement with Pearson to distribute some supplemental educational solutions for K-12 schools in Brazil. The transaction is subject to approval of the Brazilian Antitrust Authority. Lobo & de Rizzo Advogados acted as legal advisor and N M Rothschild & Sons Limited acted as financial advisor to Arco Platform Limited (NasdaqGS:ARCE). JPMorgan Chase & Co. (NYSE:JPM) acted as financial advisor and Madrona Advogados acted as legal advisor to Pearson Education do Brasil S.A. Arco Platform Limited (NasdaqGS:ARCE) completed the acquisition of COC and Dom Bosco from Pearson Education do Brasil S.A. on September 30, 2021. The Administrative Council for Economic Defense has approved the transaction.