(PRWEB) May 02, 2017
Education Growth Partners, a private equity firm dedicated to providing growth capital to proven, high potential education companies, today announced it has acquired Apex Learning. Founded in 1997, Apex Learning partners with schools and districts nationwide to personalize the learning experience for every student. Terms of the agreement were not disclosed.
“We invest in education businesses we believe in, and Apex Learning digital curriculum is proven to increase student achievement,” said Andy Kaplan, managing partner, Education Growth Partners. “We are excited by the opportunity to partner with the company to achieve even greater scale and help more students achieve their potential.”
Apex Learning offers rigorous, standard-based curriculum to meet the needs of all students—from those who are struggling to those who are capable of accelerating. Comprehensive Courses provide a proven option for original credit and credit recovery, and Adaptive Tutorials meet individual student needs for intervention, remediation, and high-stakes exam preparation.
“We are thrilled that our success has attracted Education Growth Partners, and we look forward to working with a team with such extensive experience in education,” said Cheryl Vedoe, CEO, Apex Learning. “Their focus on educational outcomes that change the lives of students in school districts across the country, as well as their prior operating experience, makes them ideal partners. Day-to-day operations will not change and we remain committed to supporting the success of our partner schools and districts.”
About Apex Learning
Schools and districts nationwide implement Apex Learning digital curriculum to personalize the learning experience and support success for all students—from those who are struggling to those capable of accelerating. Proven to increase outcomes, Apex Learning digital curriculum actively engages students in learning, with embedded supports and scaffolds to meet the needs of diverse learners. During the most recent school year, there have been over three million enrollments in Apex Learning Comprehensive Courses and Adaptive Tutorials. Headquartered in Seattle, Apex Learning is accredited by AdvancEd and its courses are approved for National Collegiate Athletic Association eligibility. For more information, visit http://www.apexlearning.com or call 1.800.453.1454.
About Education Growth Partners
Education Growth Partners is a private equity firm dedicated to providing growth capital to proven, high potential education companies that offer compelling solutions to unmet needs in education. The education industry expertise and extensive operating experience of Education Growth Partners’ team ensures its companies receive an infusion of highly strategic capital and insight that can accelerate their reach, scale and impact to create long-term value. For more information, visit: http://www.edgrowth.com.