Providence Equity Partners completed the investment in Accelerate Learning from Carlyle.

Providence Equity Partners, a private equity firm specializing in growth-oriented investments in media, communications, education and technology, completed the investment in Accelerate Learning, a provider of STEM curriculum for the K-12 education market, from Carlyle, a private equity firm. Financial terms were not disclosed. “We are grateful for the partnership with Carlyle, Quad and our other investors over the past several years and are thrilled to welcome an experienced, long-term partner like Providence at such a pivotal time in K-12 and STEM education. Providence’s deep experience in education software and technology will be invaluable as we seek to continue to accelerate our growth, scale our business, and deepen our relationships with our customers. We look forward to working with Providence, along with Carlyle, as we further our mission to improve learning outcomes and close the achievement gap,” Philip Galati, Accelerate Learning President and CEO.