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education technology
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The Vistria Group, a Chicago-based private investment firm focused on companies in the healthcare, education, and financial services sectors, agreed to invest in Edmentum, a provider of innovative solutions for teaching and learning. Financial terms were not disclosed. "Education is a foundational pillar of our society, and we are in a time where technology can exponentially increase the reach and impact of education to serve all learners more effectively. Edmentum sits at the intersection of curriculum and assessment and is well-positioned for accelerated growth in a post-Covid environment. The company’s portfolio breadth and depth, market position, and focus on global community impact through its non-profit organization, We Can Learn, make it an attractive investment in the education market, and we look forward to our partnership together," Phil Alphonse, The Vistria Group Senior Partner.
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