Arco to acquire a 75.1% stake in isaac.

Arco, a data-driven learning methodology provider, agreed to acquire a 75.1% stake in isaac, a provider of an all-in-one platform that offers a suite of financial and software products to K-12 schools, for c. $116m. "The acquisition of isaac significantly expands Arco’s footprint in Brazil’s education ecosystem by increasing the scope of its portfolio of products, making Arco a true one-stop-shop for our partner schools, while establishing closer relationships with families. We made our decision to acquire isaac after being an early investor in the company and gaining confidence not only in its business model and growth potential as a standalone company but also in the synergies and opportunities that will arise from the combination of the two businesses as we become the world’s largest operating system for schools," Ari de Sá Neto, Arco CEO and Founder.