The Vistria Group Invests In Leading Education Technology Company Edmentum
Edmentum , a global leader in education and innovative solutions for teaching and learning, announced a strategic growth investment from The Vistria Group (“Vistria”), a Chicago-based private investment firm focused on companies in the healthcare, education, and financial services sectors. Vistria’s strategic investment strengthens the education technology company’s position as a global leader in comprehensive K-Adult digital curriculum and assessments for learning and accelerates Edmentum’s opportunities for continued growth.
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Edmentum’s recent investments affirm the company’s forward-thinking growth strategy. It includes an emphasis in curriculum to specifically address a student’s COVID learning loss, supporting the whole child through partnerships in Social Emotional Learning (SEL), and helping learners of all abilities and backgrounds improve their career readiness.
“I’ve been incredibly fortunate to spend more than 10 years at an organization that truly embodies the mission of helping all kids reach their full potential. This exciting new partnership with Vistria accelerates our vision to positively impact students all around the world,” said Edmentum CEO Jamie Candee. “Our guiding principle of ‘educator first’ ensures that we always keep teachers at the center of our operations, and we are relentlessly focused on a strategy that balances growth with impact. Edmentum’s emphasis on great programs that are flexible, rooted in strong pedagogy, and designed to meet the needs of today’s diverse classrooms ensures that we build school around every student. I would like to thank our current investment partners, New Mountain Finance Corporation and funds managed by BlackRock, for choosing to continue with Edmentum, and look forward to Vistria’s support in our next phase of growth.”
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The Vistria Group is a next-generation private investment firm that operates at the intersection of purpose and profit. Vistria has a proven track record of success in the education market. Its global portfolio of education companies offers undergraduate, graduate, and professional development programs and services. This investment in Edmentum will add a powerful suite of K-Adult instructional programs into the Vistria portfolio. As a premier provider of education solutions in the market today, Edmentum’s unique blend of research-based digital curriculum, assessments for learning, and educational consulting are unmatched.
“Education is a foundational pillar of our society, and we are in a time where technology can exponentially increase the reach and impact of education to serve all learners more effectively,” said Phil Alphonse, Senior Partner at The Vistria Group. “Edmentum sits at the intersection of curriculum and assessment and is well-positioned for accelerated growth in a post-COVID environment. The company’s portfolio breadth and depth, market position, and focus on global community impact through its non-profit organization, We Can Learn, make it an attractive investment in the education market, and we look forward to our partnership together.
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