The global education leader and innovative solutions for learning and teaching, Edmentum announced Vistria Group’s strategic growth-oriented investment plan in their educational services.
The strategic investment plan by Vistria will place Edmentum as a global leader in complete K-Adult digital program and assessments for learning. Vistria will further look and guide Edmentum for opportunities for continuous growth. The Vistria Group is a private investment firm in Chicago with a portfolio of companies in the education, healthcare, and financial services sectors.
Edmentum solutions, in its fifty years of experience in education, have supported both educators and students in approximately 40,000 schools across the nation. Edmentum is addressing curriculum development to address the COVID learning-loss. It will offer support to the children in SEL or Social-Emotional Learning and improve the career readiness of learners of all backgrounds and abilities. Jamie Candee, the CEO of Edmentum, said that they are looking forward to the partnership with Vistria Group. It will bring opportunities for children to reach their full potential all over the globe. He further added that Edmentum maintains a teacher first policy. They are in the center of all operations, with emphasis on pedagogy, geared to meet the challenge of online classrooms the world over.
The private investment next-generation firm, Vistra looks pot for profit and purpose and is successful in the education sector. It has a global portfolio of companies that offer undergraduate programs, graduate programs, and professional programs and services. Vistra also looks forward to adding the K-Adult educational instructional plans in its portfolio with Edmentum. Edmentum has made a niche for its unprecedented research-oriented digital curriculum, learning assessments, and consultation on education. The Senior Partner at The Vistria Group, Phil Alphonse, projects that Edmentum being a crossroad for curriculum and assessment, has lots to offer to the post-COVID period. He feels that they can offer Edmentum an attractive proposition in the education market. It will place Vistra Group as the major stakeholder in Edmentum. New Mountain Finance Corporation and BlackRock have been managing funds, will keep the ownership positions.