June 22, 2021 | Posted by Edmentum
Acquisition establishes premier provider of high-quality K-12 virtual and hybrid learning programs, supporting millions of students worldwide.
Edmentum, a global pioneer in education technology, announced a definitive agreement to acquire Apex Learning, a Seattle-based industry leader in digital curriculum and virtual learning with over 20 years of deep expertise providing high-quality, rigorous, and teacher-centered programs. Apex’s mission of making a difference in education complements Edmentum’s drive to amplify teaching and propel student learning forward. Together, these two organizations will support millions of students worldwide.
“I am thrilled to welcome Apex into the Edmentum family,” said Jamie Candee, Edmentum CEO. “As the school year comes to an end and districts evolve into new models of teaching for the fall, so too must Edmentum continue to grow to meet those needs. Pairing Apex’s proven, high-quality secondary learning programs with Edmentum’s full suite of high-quality, online learning programs creates a rich array of offerings designed specifically for the next generation of learners. Together, in partnership with schools and districts globally, we will move education forward.”
Edmentum’s research-based approach offers hundreds of state- and nationally-certified courses, supported by comprehensive consulting and educational services. Adding Apex’s credit-bearing core and elective courses, project-based technology courses, and student-targeted, standards-matching tutorials will create a new industry-leading model for virtual and hybrid learning programs.
“I am incredibly proud of the positive impact that Apex’s programs and services have had with students and educators across the country,” said Chris Porter, Apex Learning CEO. “We are absolutely committed to high-quality learning content and scalable technology, and are very tightly aligned to Edmentum’s strategic vision. As we come together to work with schools to help provide students flexible learning models, the possibilities are endless. I am thrilled for the next phase of Apex and our combined ability to accelerate world-class instructional solutions for all students and educators.”
Andy Kaplan, Managing General Partner at Education Growth Partners, Apex’s prior investor, said “We look forward to seeing Apex and Edmentum further raise the bar for digital learning and better prepare students for success. We’re proud to see our belief and investment in Apex result in such an important event in the education technology market.”
The acquisition follows a strategic investment in Edmentum last year by Chicago-based private investment firm The Vistria Group that signaled new growth for Edmentum to address the learning needs of 21st-century classrooms.
“This acquisition enriches Edmentum’s depth in middle and high school grades and strengthens the company’s commitment to delivering high-quality, research-based online learning to schools and districts across the globe,” said Phil Alphonse, Senior Partner at The Vistria Group. “Bringing these two organizations together will propel even more teachers and students forward and create countless opportunities for hybrid and virtual learning all over the world.”
Apex Learning customers and products will continue to be supported as Edmentum and Apex work in concert to provide the high-quality service and experience students and educators have come to expect.
The Illinois Learning Technology Purchase Program (ILTPP) will update its membership on any contract updates that develop.
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