McGraw Hill Education: Difference between revisions

{{Short description|Educational publisher}}

{{redirect|McGraw Hill|the business and financial information company previously known as McGraw Hill Financial|S&P Global}}

{{Use mdy dates|date=July 2024}}

'''McGraw Hill''' is an American publishing company for educational content, software, and services for [[Pre-kindergarten|pre-K]] through [[postgraduate education]]. It is one of the "big three" educational publishers along with [[Houghton Mifflin Harcourt]] and [[Pearson Education]].<ref>{{cite news |last=Davis |first=Michelle R. |url=http://www.edweek.org/dd/articles/2013/02/06/02textbooks.h06.html?cmp=ENL-DD-MOSTPOP |title='Big Three' Publishers Rethink K-12 Strategies |work=Education Week |access-date=March 25, 2014 |archive-date=June 29, 2017 |archive-url=https://web.archive.org/web/20170629190616/http://www.edweek.org/dd/articles/2013/02/06/02textbooks.h06.html?cmp=ENL-DD-MOSTPOP |url-status=live }}</ref><ref>{{cite news |last=Noonoo |first=Stephen |url=http://thejournal.com/articles/2012/11/08/how-big-three-publishers-are-approaching-their-ipad-textbooks.aspx |title=How 'Big Three' Publishers Are Approaching iPad Textbooks |work=Times Higher Education Journal |access-date=March 25, 2014 |archive-date=July 8, 2017 |archive-url=https://web.archive.org/web/20170708202935/https://thejournal.com/articles/2012/11/08/how-big-three-publishers-are-approaching-their-ipad-textbooks.aspx |url-status=live }}</ref> McGraw Hill also publishes reference and [[Trade magazine|trade publications]] for the medical, business, and engineering professions. 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.<ref>{{cite news |url=http://media.mhfi.com/documents/MHFI-ar2013.pdf |title=McGraw-Hill Financial 2013 Annual Report |url-status=dead |archive-url=https://web.archive.org/web/20160531143154/http://media.mhfi.com/documents/MHFI-ar2013.pdf |archive-date=May 31, 2016 }}</ref><ref>{{cite news |last=Henry |first=David |url=https://www.reuters.com/article/us-mcgrawhill-apollo-idUSBRE8AP0N120121126 |title=McGraw-Hill sells textbook unit to private equity |work=Reuters |access-date=March 25, 2014 |archive-date=June 5, 2022 |archive-url=https://web.archive.org/web/20220605020026/https://www.reuters.com/article/us-mcgrawhill-apollo-idUSBRE8AP0N120121126 |url-status=live }}</ref><ref>{{cite news|url=http://www.businessweek.com/ap/2013-03-22/mcgraw-hill-completes-sale-of-education-division |archive-url=https://web.archive.org/web/20130518204205/http://www.businessweek.com/ap/2013-03-22/mcgraw-hill-completes-sale-of-education-division |url-status=dead |archive-date=May 18, 2013 |title=McGraw-Hill completes sale of education division |work=Businessweek |date=March 22, 2013 |access-date=March 25, 2014}}</ref><ref>{{cite news |url=https://www.forbes.com/sites/jamesmarshallcrotty/2012/11/28/mcgraw-hill-sells-education-unit-to-apollo-bellwether-for-education-publishing/ |title=McGraw-Hill Sells Education Unit To Apollo: Bellwether For Educational Publishing? |work=Forbes |date=November 28, 2012 |access-date=March 25, 2014 |archive-date=June 11, 2020 |archive-url=https://web.archive.org/web/20200611044707/https://www.forbes.com/sites/jamesmarshallcrotty/2012/11/28/mcgraw-hill-sells-education-unit-to-apollo-bellwether-for-education-publishing/ |url-status=live }}</ref><ref>{{cite news |last=Robinson |first=Matt |url=https://www.bloomberg.com/news/2013-03-22/mcgraw-hill-closes-2-4-billion-education-unit-sale-to-apollo.html |title=McGraw-Hill Closes $2.4 Billion Education Unit Sale to Apollo |work=Bloomberg |date=March 22, 2013 |access-date=March 25, 2014 |archive-date=January 15, 2015 |archive-url=https://web.archive.org/web/20150115080321/http://www.bloomberg.com/news/2013-03-22/mcgraw-hill-closes-2-4-billion-education-unit-sale-to-apollo.html |url-status=live }}</ref> McGraw Hill was sold in 2021 to [[Platinum Equity]] for $4.5 billion.<ref name="The Wall Street Journal">{{cite news |url=https://www.wsj.com/articles/platinum-equity-strikes-deal-to-buy-mcgraw-hill-from-apollo-11623788101 |title=Platinum Equity Strikes Deal to Buy McGraw Hill From Apollo |work=The Wall Street Journal |date=June 15, 2021 |access-date=September 15, 2021 |archive-date=June 4, 2022 |archive-url=https://web.archive.org/web/20220604185453/https://www.wsj.com/articles/platinum-equity-strikes-deal-to-buy-mcgraw-hill-from-apollo-11623788101 |url-status=live }}</ref>

 

[[File:McGraw-Hill logo 1964.svg|thumb|McGraw-Hill logo used from 1971 to the late 1990s]]

McGraw Hill was founded in 1888, when [[James H. McGraw]], co-founder of McGraw Hill, purchased the ''American Journal of Railway Appliances''. He continued to add further publications, eventually establishing The McGraw Publishing Company in 1899. His co-founder, [[John A. Hill]], had also produced several technical and trade publications and in 1902 formed his own business, The Hill Publishing Company.<ref name="encyclopedia.com">{{Cite web |title=McGraw-Hill, Inc. {{!}} Encyclopedia.com |url=https://www.encyclopedia.com/books/politics-and-business-magazines/mcgraw-hill-inc |access-date=November 21, 2023 |website=www.encyclopedia.com |archive-date=May 25, 2022 |archive-url=https://web.archive.org/web/20220525093823/https://www.encyclopedia.com/books/politics-and-business-magazines/mcgraw-hill-inc |url-status=live }}</ref>