Minneapolis June 22, 2021– Edmentum ( edmentum.com), a global leader in education innovation, revealed a conclusive arrangement to obtain Apex Learning, a Seattle-based industry leader in digital curriculum and virtual learning with over 20 years of deep expertise providing premium, strenuous, and teacher-centered programs. Pinnacles mission of making a distinction in education complements Edmentums drive to enhance mentor and propel student learning forward. Together, these 2 organizations will support countless trainees worldwide.

A market leader in digital learning with deep competence in online learning, Apex Learning collaborates with school districts throughout the country to execute options shown to accelerate knowing and produce opportunities for trainee success in school and beyond. Apex Learning is certified by Cognia and its courses are authorized for National Collegiate Athletic Association eligibility.

” This acquisition enriches Edmentums depth in high and middle school grades and strengthens the businesss dedication to delivering high-quality, research-based online knowing to schools and districts throughout the globe,” stated Phil Alphonse, Senior Partner at The Vistria Group. “Bringing these two organizations together will propel a lot more teachers and trainees forward and create numerous chances for hybrid and virtual finding out all over the world.”

Pinnacle Learning clients and items will continue to be supported as Edmentum and Apex operate in concert to supply the top quality service and experience students and teachers have actually come to expect.

” I am extremely happy with the positive impact that Apexs services and programs have had with students and educators throughout the country,” said Chris Porter, Apex Learning CEO. “We are absolutely devoted to premium learning content and scalable innovation, and are extremely securely aligned to Edmentums strategic vision. As we come together to deal with schools to help provide students flexible learning designs, the possibilities are endless. I am thrilled for the next stage of Apex and our integrated capability to speed up first-rate educational options for all teachers and trainees.”

The global law company of Winston & & Strawn LLP is acting as legal advisor to Edmentum William Blair & & Company, LLC was the lead lender for Apex Learning Alvarez & & Marsal and Cuesta Partners served in a consultant and advisory capability. Kramer Levin Naftalis & & Frankel LLP is serving as legal consultant to Apex Learning.

Andy Kaplan, Managing General Partner at Education Growth Partners, Apexs previous financier, stated “We eagerly anticipate seeing Apex and Edmentum further raise the bar for digital learning and better prepare students for success. Were happy to see our belief and investment in Apex lead to such an essential event in the education technology market.”

About Apex Learning.

” I am thrilled to invite Apex into the Edmentum family,” stated Jamie Candee, Edmentum CEO. Pairing Apexs proven, high-quality secondary knowing programs with Edmentums complete suite of premium, online learning programs creates an abundant selection of offerings developed particularly for the next generation of learners.

The acquisition follows a tactical investment in Edmentum in 2015 by Chicago-based personal financial investment company The Vistria Group that indicated brand-new development for Edmentum to deal with the finding out needs of 21st-century class.

About Edmentum.

Edmentum, Inc., a global leader in education technology, is committed to assisting educators embellish discovering for every trainee through basic technology, top quality material, and actionable information. Built on 60 years of experience in education, Edmentum options like Edmentum Courseware, Exact Path, Study Island, and EdOptions Academy, presently support teachers and students in more than 40,000 schools across the country and internationally.

Edmentums research-based approach provides hundreds of state- and nationally-certified courses, supported by thorough consulting and academic services. Including Apexs credit-bearing core and optional courses, project-based innovation courses, and student-targeted, standards-matching tutorials will create a brand-new industry-leading design for hybrid and virtual knowing programs.

About Education Growth Partners

Education Growth Partners (” EGP”) is a private equity firm committed to investing in proven, high possible learning, knowledge, and work environment business that offer compelling services to unmet needs. The substantial financial investment competence of Education Growth Partners group guarantees its business get an infusion of highly strategic capital and insight that can accelerate their effect, reach, and scale to produce long-term worth.

About The Vistria Group

Latest posts by eSchool News Staff
( see all).

eSchool Media staff cover education technology in all its elements– from legislation and lawsuits, to finest practices, to lessons learned and new items. Published in March of 1998 as a monthly print and digital paper, eSchool Media supplies the news and info needed to help K-20 decision-makers successfully use technology and innovation to change colleges and schools and achieve their instructional objectives.

The Vistria Group is a Chicago-based personal investment firm focused on buying middle-market business in the healthcare, education, and financial services sectors. Vistrias team is consisted of highly knowledgeable operating partners and personal equity executives with tested track records of working with management groups in structure ingenious, market-leading business. To find out more, please visit www.vistria.com.

Minneapolis June 22, 2021– Edmentum ( edmentum.com), a global pioneer in education innovation, announced a conclusive arrangement to acquire Apex Learning, a Seattle-based industry leader in digital curriculum and virtual knowing with over 20 years of deep proficiency supplying top quality, strenuous, and teacher-centered programs. Pinnacles mission of making a distinction in education matches Edmentums drive to magnify teaching and move student learning forward. Pairing Apexs tested, top quality secondary knowing programs with Edmentums complete suite of top quality, online knowing programs develops a rich range of offerings created particularly for the next generation of learners.” I am extremely proud of the positive impact that Apexs services and programs have actually had with trainees and teachers across the country,” stated Chris Porter, Apex Learning CEO. A market leader in digital knowing with deep expertise in online knowing, Apex Learning works together with school districts throughout the country to carry out solutions proven to speed up learning and create chances for student success in school and beyond.