Cengage Learning Holdings II, Inc. (OTCPK:CNGO) will look for M&A. Bob Munro, Chief Financial Officer said during the Fiscal 2024 Third Quarter Ended December 31, 2023 Investor Call, "Looking ahead to fiscal '25 and beyond, we believe we are well positioned to maintain robust top line growth, underpinned by the inherent resilience of our business and proven go-to-market strategies and execution capabilities, which have driven our growth over the last 3 years. We are well advanced with the implementation of the new Cengage operating model and expect the targeted $90 million to $100 million incremental cost efficiencies to meaningfully accelerate EBITDA growth and margin expansion. The combination of expected strong EBITDA growth and cash generation will enable us to continue to deleverage the business whilst providing enhanced financial flexibility for M&A and organic investment opportunities to further drive the growth of the business and value creation for equity holders".
Cengage Learning Holdings II, Inc. is a global education technology company. The Company is organized into three core business units: Cengage Academic business, Cengage Work business, and Cengage Select. In the Cengage Academic business unit, the Company integrates U.S. Higher Education, International Higher Education and Secondary Education in order to leverage synergies across these businesses that share content, technology platforms and support services. The Cengage Work business unit services the workforce skills market and includes the Companyâs ed2go and Infosec businesses that leverage all the Companyâs relationships, content, and data to drive growth. The Companyâs third core business unit, Cengage Select, consists of four businesses, English language teaching (ELT), Research and Other (Australia K-12 and Milady), each serving select markets and customers. The Company serves the higher education, secondary education, workforce skills, ELT, and research markets around the world.
CENGAGE LEARNING HOLDINGS II, INC. 
