Announced
Completed
Financials
Tags
Education Services
Single Bidder
Completed
Majority
education technology
United States
education solutions
Acquisition
Private
Domestic
Friendly
Synopsis
Achieve Partners, a private equity firm based in New York, completed the acquisition of MasteryPrep, a Baton Rouge-based education tech startup. Financial terms were not disclosed. "At a time when end-of-course exams are becoming table stakes for high school graduation and accountability, too many students – especially those in under resourced communities – are still struggling with the severe learning loss caused by the pandemic. MasteryPrep was founded on the belief that with the right support, all students can graduate high school and continue on to postsecondary education. Achieve's backing will enable us to accelerate that mission at a time when new approaches to boost student achievement have never been more important," Craig Gehring, MasteryPrep CEO and Founder.
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