Weld North Education Acquires Assessment Technology, Inc.

NEW YORK, March 6, 2019 /PRNewswire/ -- Weld North Education ("WNE"), a leading Pre-K-12 digital curriculum company focused on unlocking the power of technology for learning, announced today that it has acquired Assessment Technology, Inc. ("ATI"), the recognized psychology of learning and educational measurement market leader in K-12 online assessment. Terms of the transaction were not disclosed.

ATI was founded by John Bergan, Ph.D. in 1986 with a mission to create and distribute technology that promotes learning. From its inception, ATI has implemented an evidence-based approach to education in which assessment is implemented for the purpose of guiding learning. ATI operates two flagship applications - Galileo K-12 and Galileo Pre-K - and will join Weld North Education's portfolio of existing digital education companies, Edgenuity and Imagine Learning. Weld North Education recently announced its pending acquisition of Glynlyon, a world-class digital curriculum company serving more than 1 million students in the institutional and consumer education markets. The acquisition is expected to close in the second quarter of 2019 subject to regulatory approval.

"The addition of ATI to Weld North Education underscores our belief in - and commitment to -the value of comprehensive assessment as a critical tool in harnessing the adaptive power and unlocking the promise of digital education," stated Jonathan Grayer, CEO of Weld North Education. "We know that regular, validated and formative progress monitoring increases the education rate of students, allows for more individualized learning paths and provides teachers with important data and information that enables them to do what they do best: get the most from their students across a wide range of subjects. ATI is in a class of its own with unparalleled intellectual and analytical capabilities. Coupled with our other top-tier digital education assets, Weld North Education is now the largest pure play online education curriculum and assessment company in the U.S."

According to Weld North Education, ATI's Galileo products will be integrated with the broad range of Weld North Education offerings and continue to be supported for its diverse customer base without disruption. ATI will report directly into Weld North Education's portfolio company Imagine Learning. Dr. Bergan, and his tenured management team, will remain with the business.

Bryan Sparks, co-President of Imagine Learning, said, "The acquisition of ATI supercharges our assessment capabilities overnight, adding the most comprehensive psychometric research in the industry into our products. Dr. Bergan and his team have a sterling reputation, and we look forward to collaborating, expanding our reach across classroom and district assessment systems and leveraging our national footprint to bring these tools to more classrooms and school districts. ATI will be a differentiator for Imagine Learning and we are excited to welcome the very talented ATI team to our organization."

Dr. Bergan, President of ATI, has over 30 years of research experience in the area of children's development. He received his Ph.D. in Psychology and Education from the University of Michigan and is the author of several books and over 70 articles in scientific journals in education and psychology. Dr. Bergan is a Fellow of the American Educational Research Association and the recipient of the Palmer O. Johnson Award from the American Educational Research Association, the Distinguished Psychologist Award from the Arizona State Psychological Association and a Presidential Citation from the National Child Care Association.

"We are delighted to join Weld North Education and its portfolio of digital education and curriculum companies. Our longstanding mission has been to create technology to promote learning, and we couldn't have found better partners to further advance our Galileo products," said Dr. Bergan.

About Weld North Education
Weld North Education, in partnership with Silver Lake, is a leading digital education technology company focused on developing digital curriculum and tools for Pre-K-12 students. The Company is built around two underlying businesses, Edgenuity and Imagine Learning. Edgenuity is a leading digital courseware provider focused on providing online curricula and intervention solutions. Imagine Learning is a leading digital supplemental solutions provider focused on addressing language, literacy and math. Read more about Weld North at www.weldnorth.com.

About Imagine Learning
Imagine Learning partners with educators to provide personalized, proven digital education programs that teach language, literacy and math to students in Pre-K through grade 8. Students and teachers love Imagine Learning's digital education programs because they are research- and evidence-based, data driven, instructionally differentiated, and incredibly fun to use. After more than a decade of growth and continuous improved student outcomes, Imagine Learning has established itself as a leader in the digital education arena. The Imagine Learning family is dedicated to working with teachers to change lives and open doors of opportunity for students. To learn more about Imagine Learning, visit www.imaginelearning.com.

About Edgenuity
Edgenuity is a leading provider of online curriculum and instructional services for the K-12 market. Nationwide, Edgenuity is in use by more than 20,000 schools, including 20 of the 25 largest school districts, to meet academic goals and improve student outcomes. Edgenuity offers initial credit courses, honors and Advanced Placement courses, credit recovery, intervention and test readiness. These solutions, in addition to Edgenuity's instructional services and professional development offerings, help students, educators and districts achieve success in their online and blended learning programs. For more information, visit www.edgenuity.com.

About Assessment Technology, Inc.
ATI is a leading provider of instructional improvement and effectiveness technology. Galileo K-12 and Pre-K Online patented technology enhances learning from birth through grade 12. Galileo K-12 is comprehensive, research-based, and aligned to state and Common Core standards. It provides an array of curriculum, assessment and reporting tools. Use of Galileo facilitates advancements in teaching strategies, assessments, and implementation of instructional effectiveness. Galileo Pre-K is a research-based assessment, curriculum, and reporting system reflecting early childhood state standards, school readiness goals, and the Head Start Early Learning Outcomes Framework: Ages Birth to Five, that links planning, individualization, and program enhancements.

View original content:http://www.prnewswire.com/news-releases/weld-north-education-acquires-assessment-technology-inc-300807620.html

SOURCE Weld North Education