Frontline Education | October 06, 2022
Thoma Bravo, a leading software investment firm, today announced the completion of its sale of Frontline Education, a leading provider of administration software purpose-built for educators in K-12, to Roper Technologies, Inc. (NYSE: ROP) in an all-cash transaction that values Frontline at approximately $3.725 billion. Frontline, which offers solutions for human capital management, student and special programs, and business operations with powerful analytics to increase productivity and improve overall performance for K-12 administrators, has been a trusted partner to K-12 leaders across all 50 states for decades.
"We are grateful to Thoma Bravo for their invaluable partnership over the last five years which has allowed us to further expand the use of our critical solutions by educators across the country,As part of Roper, we are excited to bring enhanced innovation and value to our clients in alignment with our mission to empower K-12 schools with the technology capabilities they need to succeed."
Mark Gruzin, Chief Executive Officer of Frontline Education
We are extremely proud of our partnership with Frontline and what we have been able to achieve together," said Holden Spaht, a Managing Partner at Thoma Bravo. Applying our deep sector expertise, we worked with Mark and the Frontline team to make strategic acquisitions, increase revenue and expand product offerings and headcount in order to drive sustainable long-term growth. We look forward to following Frontline's continued success with Roper as their partner. J.P. Morgan Securities LLC, Jefferies LLC and Macquarie Capital served as financial advisors and Kirkland & Ellis LLP served as legal advisor to Thoma Bravo and Frontline Education. Cooley LLP also served as legal advisor to Frontline Education.
About Thoma Bravo
Thoma Bravo is one of the largest private equity firms in the world, with more than $122 billion in assets under management as of June 30, 2022. The firm invests in growth-oriented, innovative companies operating in the software and technology sectors. Leveraging the firm's deep sector expertise and proven strategic and operational capabilities, Thoma Bravo collaborates with its portfolio companies to implement operating best practices, drive growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings. Over the past 20 years, the firm has acquired or invested in more than 400 companies representing over $220 billion in enterprise value. The firm has offices in Chicago, Miami and San Francisco.
CORPORATE LEARNING SYSTEMS
WorkRamp | September 29, 2022
WorkRamp, the All-in-One Learning Platform, today announced the release of WorkRamp Content, powered by one of the world's largest corporate education content hubs, Go1. WorkRamp Content is one of the most comprehensive content solutions for organizations that are invested in developing their people to unlock exponential growth.With this product, relevant industry- and role-based content can be curated to complement the organization's learning strategy, and businesses can leverage the power of prebuilt, proven content to build impactful programs that attract, develop, and retain talent and mitigate corporate risk by maintaining compliance.
"Businesses need their workforces to be highly skilled if they are to stay competitive in today's market, and that means learning cannot stop,Those that really invest in making learning a growth engine for their organizations recognize that effective content is fundamental to this strategy. Now they can find not only flexible content creation and collaboration within WorkRamp's platform but also the most relevant expertise to uplevel their people."
Ted Blosser, CEO and Co-Founder of WorkRamp
With over 85,000 course resources from more than 250 providers in one learning center of excellence, WorkRamp Content provides exactly what employees want, in whichever format, length, and style are effective for them. The catalog of resources from the world's top providers such as EasyLlama, ej4, The Expert Academy, Mind Tools, Pluralsight, Sandler Training, Skillsoft, and Traliant empowers learning administrators to upskill their teams for more meaningful business contributions. They also have access to complimentary content recommendations and curation in partnership with Go1's team. Customers should expect learner engagement to increase sixfold once they leverage the ability to quickly provide employees with meaningful content within their learning platform. Businesses want their learners to be able to develop and apply their skills in the flow of work and in systems they recognize. Those that invest in WorkRamp to support their development strategy and growth can now really achieve this most effective approach to learning by accessing Go1's vast training and content libraries, said Marc Havercroft, President of Go1. With WorkRamp Content, customers are now able to draw on all levels of instructional design capability and better align their learning content strategy with an overall learning strategy. The All-in-One Learning Platform provides course authoring tools out of the box for building content just the way the business wants it, customizable course templates to set teams up with solid starting points, and now prebuilt, proven content that can be rapidly deployed for immediate business impact.
Otus | November 10, 2022
Otus, a leader in K-12 student-growth edtech, today announced that CenterPoint Education Solutions’ Illustrative Math (IM) certified and EL Education aligned interim assessments, along with state standards assessments will now be available on the Otus integrated learning platform. With these assessments available on the Otus platform, educators and students will have instant access to high-quality assessments aligned with their curriculum or their state’s standards
Since its launch in 2016, Otus has been used by educators to optimize learning and help accelerate student growth for over 1 million students nationwide. Otus provides educators with one place to gather, visualize and act on data to maximize student outcomes. The all-in-one platform saves educators time by integrating traditional and standards-based grading, assessments, progress monitoring, data-informed instruction, and more.
“CenterPoint is excited to bring our aligned assessments to Otus; we hope more districts look toward incorporating assessments that are aligned with their curriculum and (state) standards, Aligned assessments allow educators to gauge both student understandings and misunderstandings paramount information to guide instructional planning. Otus’ learning platform gathers student-growth data and visualizations in one place, which models CenterPoint’s larger mission of monitoring student achievement around assessments.”
LJ Sylvester, Vice President of Growth at CenterPoint.
Interim assessments are administered throughout a school year and are key to supporting learning. They empower educators to measure student learning, identify where students are on their path to grade-level expectations, and provide data to drive instructional strategy. With Otus now hosting CenterPoint’s IM-certified, EL Education, and standards-aligned interim assessments, students and educators are provided with expanded access to high-quality curriculum-aligned assessments. Via Otus’ platform, CenterPoint’s assessments will make use of the existing assessment functionality, including technology-enhanced question types to heighten student engagement and real-time standards-aligned data reporting for teachers to inform instructional strategy. Otus is thrilled to add CenterPoint Education Solutions to its ever-growing network of partners and to be able to offer their top-notch, curriculum-aligned assessments to Otus users,” said Phil Collins, Ed.D., SVP of Client Success. “As Otus continues to expand its offerings of partner assessments available to users on the platform, we aim to provide high-quality, diverse options, and ultimately empower educators to make data-driven decisions that improve their schools. By integrating CenterPoint Education Solutions’ assessments into Otus, we are taking a huge step in that direction. Both the Illustrative Math and EL Education curricula are green rated by EdReports and have shown consistent results for student achievement. CenterPoint was the first organization to develop interim assessments aligned to these curricula to support the important work of teaching and learning at the ground level.
The following grades and content areas are licensed for use on Otus’ platform:
Illustrative Mathematics Aligned Interims Assessments: Grades 3-8, Algebra 1, Algebra 2, Geometry
EL Education Aligned Interim Assessments: Grades K-8
Eureka Math Topic Items: Grades K-8
CenterPoint Standards Aligned Interim Assessments in ELA: Grades K-11
CenterPoint Standards Aligned Interim Assessments in Mathematics: Grades K-8, Algebra 1, Algebra 2, Geometry
Otus significantly improves the way we support students by providing an all-in-one platform for educators to gather, visualize, and act on student data to ensure every child – no matter their learning level or background – is on a trajectory to achieve their true potential. Otus was created and built for teachers, by teachers. It saves educators time through the streamlined integration of assessment, performance tracking, and third-party data, while its gradebook and dashboard reports make it easy for teachers, administrators, and families to understand each student’s growth. Otus has delivered improved results for more than 1 million learners.