McGraw Hill is a privately held education publishing company headquartered in New York City, United States. It is known for producing K–12, higher education, and professional learning materials, including textbooks, digital learning platforms, and assessment tools.
The company was originally founded in 1888 by James H. McGraw, and over time became one of the most recognized names in educational publishing. Today, McGraw Hill serves millions of students and educators across more than 100 countries.
As of recent updates, the company is led by Simon Allen, who serves as Chief Executive Officer.
Ownership Status of McGraw Hill
McGraw Hill is not publicly traded. It is a privately owned company. The current owner of McGraw Hill is Platinum Equity, a global private equity firm based in Beverly Hills, California.
Platinum Equity acquired McGraw Hill in 2021. Since the company is privately held, detailed ownership percentages are not publicly disclosed in the same way as publicly traded companies.
Ownership Details
| Owner / Entity | Ownership Type | Notes |
|---|---|---|
| Platinum Equity | Private Equity Owner | Acquired McGraw Hill in 2021 and currently controls the company. |
Note: As a privately held company, McGraw Hill does not file public shareholder reports like SEC Forms 13D, 13G, or 13F.
Key Shareholder Highlights
Since McGraw Hill is owned by Platinum Equity, there are no public institutional shareholders or retail investors.
Platinum Equity is a well-known private investment firm that acquires and operates companies across various industries. The firm manages billions of dollars in assets and focuses on long-term operational improvements.
Under Platinum Equity’s ownership, McGraw Hill has continued expanding its digital learning tools, including platforms like Connect and ALEKS, and strengthening its position in the global education market.
Recent Developments in Ownership
In recent years, there have been discussions about potential strategic alternatives for McGraw Hill, including possible public offerings or sales. However, as of the latest confirmed information, the company remains privately owned by Platinum Equity.
Ownership changes may occur in the future depending on market conditions and strategic decisions by Platinum Equity, but no new controlling owner has been officially announced.
FAQs
1. Who is the current owner of McGraw Hill?
McGraw Hill is owned by Platinum Equity, a private equity firm that acquired the company in 2021.
2. Is McGraw Hill publicly traded or privately owned?
McGraw Hill is privately owned and is not listed on any stock exchange.
3. Who founded McGraw Hill?
The company was founded in 1888 by James H. McGraw.
4. Has McGraw Hill’s ownership changed recently?
The most recent major ownership change occurred in 2021 when Platinum Equity acquired the company. Since then, it has remained under private ownership.