AUSTIN, Texas & SAN FRANCISCO–(BUSINESS WIRE)–Oct 9, 2020–
USATestprep, backed by Serent Capital, has acquired Education Galaxy, an online and mobile assessment and intervention platform that delivers dynamic and multilingual content to K-8 elementary and middle school students. The acquisition enhances USATestprep’s library of state standards-aligned content and products to serve K-12 teachers and students in all 50 states.
Since its founding in 1998, USATestprep has grown to serve over 2 million students per year in 4,000 schools nationwide with its standards-aligned learning tools. The company’s online platform enables teachers to quickly identify student strengths and weaknesses in core subject areas. With that data, teachers can then easily customize assignments and learning plans to help each student grow academically and master state standards, whether learning takes place in-person, remotely, or in a hybrid learning environment.
The acquisition complements USATestprep’s content and product offerings, and allows the company to grow its solutions for younger learners, especially in Texas, where Education Galaxy is headquartered. Education Galaxy, founded in 2013, has designed over 20,000 pieces of dynamic and multilingual content for K-8 students and is used by 2,000 schools across 29 states.
“We’re delighted to welcome Education Galaxy to the USATestprep family. This acquisition provides an opportunity to add value for our existing customers and reach a broader spectrum of learners across K-12,” stated Will Clemens, CEO of USATestprep. He continued, “Jeremy and the Education Galaxy team share our dedication to building high-quality, standards-aligned resources that teachers and students love. We look forward to sharing their effective solutions with even more elementary and intermediate students, teachers, and schools.”
Jeremy Verret, Co-Founder & CEO of Education Galaxy, said, “We’re thrilled to be joining USATestprep and provide engaging and effective solutions to more students and teachers. Both USATestprep and Education Galaxy share a similar vision – to provide teachers with powerful tools to drive student learning and engagement. Together, we look forward to delivering those solutions to teachers with the same high level of service our customers deserve.”
“Since our investment in 2018, USATestprep has more than doubled the size of its team to invest more in its product offerings, expand its footprint into new states, and further its mission of improving student outcomes. The acquisition of Education Galaxy bolsters USATestprep’s position as a leading national provider of next-generation supplementary learning solutions serving all grade levels, and we are excited to welcome Jeremy and his team to the USATestprep family,” said David Kennedy, Partner at Serent Capital.
The acquisition of Education Galaxy continues Serent’s active investment efforts in the education sector, with 12 investments across the K12 and higher-education markets to date. Prior Serent education investments include LunchBox Orders (2020), FamilyID (2020), Visual Schedule Builder (2019), new|ed (2019), TRA (2018), KEV Group (2018), USATestprep (2018), ArbiterSports (2017), Digital Architecture (2016), Diamond Mind (2014), and C2 Education (2011).
About Serent Capital
Serent Capital invests in growing businesses that have developed compelling solutions that address their customers’ needs. As those businesses grow and evolve, the opportunities and challenges that they face change with them. Principals at Serent Capital have firsthand experience capturing those opportunities and navigating these difficulties through their experiences as CEOs, strategic advisors, and board members to successful growing businesses. By bringing its expertise and capital to bear, Serent seeks to help growing businesses thrive. For more information on Serent Capital, visit www.serentcapital.com.
USATestprep is one of the nation’s leading teacher-trusted provider of curriculum resources and test prep for grades 3-12. Founded by two teachers in 1998, the company helps teachers prepare more than two million students annually for subject area end-of-grade, end-of-course, and college entrance assessments. The platform delivers standards-aligned content with daily tools for the creation of formative and summative assessments, progress monitoring, and customized remediation for teachers to quickly identify student strengths and weaknesses
About Education Galaxy
Education Galaxy provides engaging and personalized online assessment, practice, and instruction to K-6 students. The company has developed over 20,000 pieces of multilingual, educational content delivered to over 2,000 schools across 29 states. Education Galaxy was founded in 2013 and is headquartered in Richardson, Texas.
View source version on businesswire.com:https://www.businesswire.com/news/home/20201009005090/en/
CONTACT: Kathleen Richmond
KEYWORD: CALIFORNIA TEXAS UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: DATA MANAGEMENT TECHNOLOGY PRIMARY/SECONDARY SOFTWARE EDUCATION
SOURCE: Serent Capital
Copyright Business Wire 2020.
PUB: 10/09/2020 09:17 AM/DISC: 10/09/2020 09:17 AM