Announced
Synopsis
The Vistria Group-backed Edmentum, a global pioneer in education technology, agreed to acquire Apex Learning, a provider of blended and virtual learning solutions, from Education Growth Partners, a private equity firm. Financial terms were not disclosed. "As the school year comes to an end and districts evolve into new models of teaching for the fall, so too must Edmentum continue to grow to meet those needs. Pairing Apex's proven, high-quality secondary learning programs with Edmentum's full suite of high-quality, online learning programs creates a rich array of offerings designed specifically for the next generation of learners. Together, in partnership with schools and districts globally, we will move education forward," Jamie Candee, Edmentum CEO.
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