Cambium Learning Group Completes Its Acquisition of Assessment Division of the American Institutes for Research

Acquisitions

Summary

Leading the nation with its innovative design, AIR Assessment uses technology to measure student progress and provide educators and families with timely, relevant information about teaching and learning. “Teachers continue to wrestle with challenges around student proficiency and equity and are hungry for effective solutions,” said John Campbell, Chief Executive Officer of Cambium Learning. We look forward to supporting John and his exceptional team as they embark on their next chapter of growth and mission-impact.” AIR will invest the proceeds from the sale to expand its research, evaluation and technical assistance work in a broad range of areas, including education, health and workforce development, in the United States and internationally. Cambium Learning® Group believes every student has great potential, teachers are mission-critical, and data, instruction and practice work together to drive performance. Veritas is a leading private equity firm that invests in companies that provide critical products and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide, including those operating in the aerospace & defense, healthcare, software, national security, communications, energy, government services and education industries.

Classifications

industries
InsurTech
applications
Web and Content Management

AskAI Classifications

Labels
Educational Software Assistive Technology Literacy Software

Linked Companies

Kurzweil Education
$1M to $5M