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New Deal


Announced

Completed

ProctorU completed the merger with Yardstick Assessment Strategies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Merger

Single Bidder

United States

online exam

Private

Majority

Software

Completed

Friendly

electronic testing solutions

Synopsis

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ProctorU, an online exam security and identity management company, and Yardstick Assessment Strategies, a specialist in psychometrics and computer-based exam administration for professional testing organizations, completed the merger and formed a new parent brand, Meazure Learning. Financial terms were not disclosed. "By adding ProctorU's technology and suite of secure proctoring solutions to the Yardstick platform, we are now able to bring enhanced security to physical test centre delivery, as well as offering improved service and security for clients seeking and using remote testing. Meanwhile, ProctorU's capabilities and success in higher education have never been greater. The merger enables our two businesses to focus on our respective markets, each with our own brand and a dedicated team to ensure we stay at the forefront of both professional testing and higher education," Isabelle Gonthier, Yardstick President.

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