News & Events

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Kroll Bond Rating Agency Announces Recapitalization and New Partnership

From KBRA's press announcement: Kroll Bond Rating Agency (KBRA) is pleased to announce a new company partnership between the KBRA management team, the Kroll family and a current shareholder and investor, Wharf Street, LLC. The new partnership is effective immediately. This new alliance provides permanent capital for KBRA to continue to grow as a market [...]

By | November 4th, 2015|Kroll Bond Ratings, News & Updates, Portfolio Companies|0 Comments

Staying Focused on Disruptive Companies with Proven Business Models for Education Technology

Education technology investing continues to evolve as an earlier wave of products that had been developed to address key opportunities to disrupt the industry, such as data driven adaptive and individualized curriculum, blended delivery models, and competency based learning (especially for the “non-traditional” student) approach maturity. While there remains tremendous future opportunity to invest in [...]

By | November 2nd, 2015|Mark Grovic, News & Updates|0 Comments

Successful Starfish Exit Validates New Markets’ Investment Thesis

As we reflect upon our investment in Starfish, we are not only incredibly proud of the management team but also gratified that our overall fund investment thesis is beginning to come to fruition.  We have long believed that venture investors can make money in the education space when (1) they partner with companies that provide [...]

By | October 29th, 2015|Elizabeth Chou, News & Updates, Starfish Retention Solutions|Comments Off on Successful Starfish Exit Validates New Markets’ Investment Thesis

2015 Trends In Education Technology Ventures

2015 Showing Significant Investment Trends In Education Technology Ventures At the completion of the first half of 2015, we began reviewing and digesting the published data on education venture investment activity and the education M&A market. The data for Edtech venture investment continue to show a positive trend with edSurge reporting that $1.1 billion was [...]

By | October 16th, 2015|News & Updates, Robb Doub|Comments Off on 2015 Trends In Education Technology Ventures

Graduation Alliance Appoints Ron Klausner as CEO

Graduation Alliance, leaders in alternative education, postsecondary and career planning, announces the appointment of industry executive Ron Klausner as chief executive officer. In this role, Klausner will spearhead Graduation Alliance’s continued growth, partnering with states and school districts nationwide to implement dropout recovery solutions as well as postsecondary exploration and career planning technologies. Klausner joins [...]

By | October 12th, 2015|Graduation Alliance, News & Updates, Portfolio Companies|Comments Off on Graduation Alliance Appoints Ron Klausner as CEO

Warburg Pincus Leads an Investment of Up to $60 Million in Higher Education Data Pioneer

Growth investment will fuel product development and acquisition as Civitas Learning builds out the first comprehensive, education analytics system. Civitas Learning® (“the company”) today announced that Warburg Pincus is leading an investment of up to $60 million in the company. Civitas Learning has pioneered the use of data science and design thinking to support higher [...]

By | September 29th, 2015|Civitas, News & Updates, Portfolio Companies, Uncategorized|0 Comments

New York State Education Department Awards Grades 3-8 Assessment Contract to Questar, Inc.

The State Education Department today announced that Questar Assessment, Inc. will be awarded the contract to develop the State’s grades 3-8 ELA and mathematics assessments.  The contract with Questar, Inc. must still be approved by the Attorney General and State Comptroller.  The new contract, valued at approximately $44 million, will run for five years and [...]

Think Through Learning Achieves B Corp Certification

Education Technology Company receives Platinum rating for meeting high standards of social, and environmental accountability and transparency Think Through Learning, creators of the award-winning Think Through Math program, is proud to announce its certification as a B Corporation. This prestigious designation, based on the third-party assessment by the non-profit organization B Lab, is awarded to companies that meet [...]

By | April 24th, 2015|News & Updates, Portfolio Companies, Think Through Learning|Comments Off on Think Through Learning Achieves B Corp Certification

State Board Approves Statewide Assessment Contract with Questar Assessment Inc.

The Mississippi Board of Education voted today to approve a 10-year, $110.9 million statewide testing contract with Questar Assessment Inc., beginning in the 2015-16 school year. The cost for the first year of the contract is up to $13.3 million. Minneapolis-based Questar has implemented more than 100 large-scale assessment programs across 19 different states since [...]

By | April 20th, 2015|News & Updates, Portfolio Companies, Questar Assessment, Inc.|Comments Off on State Board Approves Statewide Assessment Contract with Questar Assessment Inc.

AIG Invests in K2 Intelligence to Deepen Cyber, Other Risk Mitigation Capabilities

American International Group, Inc. (NYSE:AIG) today announced that it has acquired a minority stake in K2 Intelligence, an investigative consultancy. The companies have agreed to co-develop products and services that support AIG’s efforts to help clients mitigate and manage their cyber risk, and to explore opportunities in other key industry segments. K2 Intelligence was founded [...]

By | April 17th, 2015|K2 Intelligence, News & Updates, Portfolio Companies|0 Comments