PRnewswire | August 07, 2023
Spark Education Group, ("Spark" or "the Company"), one of the world's largest providers of small-group online classes for K-12 education, is announcing a brand upgrade from "VISPARK" to "Spark Education". As Spark Education, the company will expand upon its flagship Spark Math program, offer additional subjects, and introduce its interactive experience in offline learning centers around the world. This transformative shift reflects the edtech's commitment to continuously improving learning experiences for students and educational outcomes, all while ensuring a fun and stimulating learning environment.
Spark Education unveils brand upgrade with enhanced experiences
• Spark Math: Complete learning system from foundations to competition math
To better serve students at all levels, Spark is introducing additional features (such as daily practice, knowledge mapping, and other assessments.) Additional program options are being introduced to support students with diverse learning needs, from those looking to build a strong foundation to those looking to excel in top-tier math competitions.
• Learning Centers: New locations in Singapore and San Francisco
At many parents' requests, Spark is expanding its award-winning interactive learning experience to offline learning centers, introducing interactive components and hands-on learning elements in small-group classes. Look for us in Singapore at i12 Katong, the San Francisco Bay Area, and Vancouver Canada
• Expanded Offerings: Same great interactive learning experience, more subjects
Spark has continued to invest extensively in research and development. In the coming months, it will continue to unveil new subjects with the brand upgrade including Spark Chinese, Spark Chess, and Spark Coding (coming soon).
"This is an extensive brand upgrade that we hope will help parents and students around the world better connect with us," Tina Chen, VP of Brand at Spark commented.
"The brand upgrade to Spark Education clearly articulates our focus on education, and the essence of 'Spark.' We aspire for all students to be able to find their inner calling and discover meaning in their lives. 'Spark' also signifies the enlightening of others. Our mission is to Spark passion for learning and ignite lifelong growth. With Spark Education, we hope to bring this to life in a fun and stimulating way for students around the world, both online and offline."
About Spark Education Group
Founded in 2017, Spark Education Group is headquartered in Singapore. Its portfolio of education brands combines research-based pedagogy with technology to improve the learning experience and educational outcomes for students around the world. It was recently accredited by STEM.org, awarded "Best Interactive Learning Experience" at EdTech Asia Summit, and recognized as a Parent and Teacher Choice Award Gold Medal Recipient.
PR News Wire | September 01, 2023
Discovery Education, a global education technology company backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), today announced it has agreed to acquire DreamBox Learning®, a PK-12 education technology provider serving more than 6 million students and 600,000 educators nationwide. DreamBox Learning's current investors Elliott Investment Management L.P. and TPG's The Rise Fund will retain minority stakes in the company. Financial terms were not disclosed.
Headquartered in Bellevue, WA, DreamBox Learning offers the only dual-discipline solution rated "Strong" by Johns Hopkins University's evidenceforESSA.org in both mathematics and reading. Through its high-quality adaptive learning solutions independently proven to accelerate student growth, DreamBox Learning empowers educators with data analytics and content-specific professional development solutions to complement instruction.
"Discovery Education is excited to welcome DreamBox Learning, a brand synonymous with quality, research-based math and reading edtech solutions to our growing family of services," said Discovery Education Chief Executive Officer Jeremy Cowdrey. "Combining an expertise in learning science with adaptive, effective instructional solutions, DreamBox Learning's solutions can help students excel regardless of who they are or where they live. Through this latest acquisition, Discovery Education is better positioned to broaden its impact on student success by providing our existing network of partner school systems access to DreamBox Learning's collection of supplemental math, reading, and professional learning solutions."
The acquisition of DreamBox Learning supports Discovery Education's mission to prepare learners for tomorrow by creating innovative classrooms connected to today's world. DreamBox Learning's products complement Discovery Education's other successful digital solutions, which include Discovery Education Experience, the company's award-winning K-12 platform, the Techbook series of digital textbooks, Mystery Science, and more, in supporting student achievement.
The acquisition of DreamBox Learning comes at a time when school districts are seeking comprehensive, yet consolidated platforms to address a wide range of core and supplemental learning needs, backed by research that underscores meaningful gains in achievement. The addition of DreamBox Learning's intelligent adaptive learning technology to the Discovery Education suite will provide educators and students with more options for engaging, personalized learning experiences across a variety of disciplines.
"DreamBox Learning was founded in 2006 with the mission to transform the way the world learns through our pioneering intelligent adaptive learning technology, and today's announcement represents a significant next step to achieving that mission. Building upon our existing math and reading solutions, we can now leverage Discovery Education's highly scalable global footprint to reach more students and deepen our partnerships with educators around the world," said Jessie Woolley-Wilson, President and CEO of DreamBox Learning.
DreamBox Learning will be Discovery Education's most recent acquisition, joining Pivot Interactives and DoodleLearning, which were acquired in August of 2022, and Mystery Science, which was acquired in 2020.
Sidley Austin LLP served as legal advisor to Discovery Education. Moelis & Company LLC acted as lead financial advisor and Gibson, Dunn & Crutcher LLP served as legal advisor to DreamBox Learning on the transaction. The transaction is expected to close in the fourth quarter of 2023, pending customary regulatory approval and the satisfaction of customary closing conditions.
About Discovery Education
Discovery Education is the worldwide edtech leader whose state-of-the-art digital platform supports learning wherever it takes place. Through its award-winning multimedia content, instructional supports, and innovative classroom tools, Discovery Education helps educators deliver equitable learning experiences engaging all students and supporting higher academic achievement on a global scale. Discovery Education serves approximately 4.5 million educators and 45 million students worldwide, and its resources are accessed in over 100 countries and territories. Inspired by the global media company Warner Bros. Discovery, Inc. Discovery Education partners with districts, states, and trusted organizations to empower teachers with leading edtech solutions that support the success of all learners.
Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, O.P.S.® The firm's core target sectors are technology, consumer, and industrials. Clearlake currently has over $70 billion of assets under management and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK, Dublin, Ireland, and Singapore.
PRnewswire | July 06, 2023
EpicQuest Education Group International Limited , ("EpicQuest Education", "EEIQ" or the "Company"), a provider of comprehensive education solutions for domestic and international students seeking college and university degrees in the US, Canada and the UK, today announced that Davis College and Lourdes University will officially sign an Articulation Agreement (the "Agreement") signifying their continued academic partnership. Davis College President Diane Brunner and Lourdes University President William J. Bisset will officially sign the Agreement tomorrow, July 6th, at 10:30 am ET on the Lourdes University campus in Sylvania, Ohio.
The purpose of the Agreement between Davis College and Lourdes University is to renew the transfer pathway for Davis College students where course credits earned at Davis College could be transferred and accepted by Lourdes University. As specified by the Agreement, certain transfer credits can be applied towards one of the baccalaureate degree programs offered by the Lourdes University College of Business and Leadership and allocated as per the programs' requirements.
"Educational partnerships and articulation agreements such as this are vital to providing a seamless transfer for students looking to further their education and careers. We continue to focus on developing career training programming and partnerships with renowned universities that will expand our students' options in today's challenging job market. Davis College is committed to student success, and we are pleased to recommit to this partnership," commented Diane Brunner, President of Davis College.
"The Lourdes University College of Business and Leadership has a long history of providing transfer pathways and articulation agreements for Davis College business graduates. We are so pleased to reaffirm our commitment to this region's higher education students and employers," added Jami Curley, Interim Dean of the Lourdes University College of Business and Leadership.
In addition, the Agreement states that the faculty and staff of both Davis College and Lourdes University are encouraged to visit each institution to plan, survey, observe and/or participate in meetings with students and/or faculty. The Agreement will take effect in the Fall of 2023 and will be reviewed periodically to ensure any updates of courses applicable from either institution are reflected for accuracy.
The Company believes that its academic partnership programs are important as they offer students a clear pathway for continued academic advancement and expanded career opportunities. Through articulation agreements with select universities, both Davis College and EduGlobal College students can pursue university degrees in a variety of fields. The Company's mission is to provide cost-effective and high-value academic experiences of a practical nature for its students. In addition, EEIQ's international collaborations offer enriched multicultural experiences that can help students reach their full potential and better prepare them for careers in the global economy.
About EpicQuest Education Group International Limited
EpicQuest Education Group International Limited ("EpicQuest Education" or the "Company") provides comprehensive education solutions for domestic and international students seeking university and college degrees in the US, Canada and the UK. The Company owns and operates EduGlobal College, based in British Columbia, Canada, which focuses on English proficiency educational programming for students pursuing academic degrees. The Company operates and is a 70% owner of Davis College, a career training college located in Toledo, Ohio. In addition, the Company has a recruiting relationship with the Miami University Regional campuses, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University. The Company is also a recruiting agent for the University of the West of Scotland (through The Education Group (London) Ltd) and Coventry University, both of which are located in the UK.