CORPORATE LEARNING SYSTEMS
Meazure Learning | June 29, 2022
Meazure Learning, the industry leader in high-stakes online testing services for professional and higher education testing markets, announced today that it has acquired the Certification and Licensure business of Scantron Corporation. The test center network, associated assessment software, exam development, psychometric, and client services and solutions specialist teams are all included in the acquisition of the Certification and Licensure business. By enhancing its best-in-class remote proctoring with a scalable, worldwide test center network and increased exam production capabilities, the purchase enables Meazure Learning for continued expansion and expands its product line for the professional certification and licensing testing market.
When test centers had to close as a result of the COVID-19 outbreak, Meazure Learning experienced a spike in demand for its industry-leading online proctoring platform. Program administrators aim to give test-takers the option of taking exams safely in distant locations or in a conventional testing facility today. The convenience and flexibility of a multi-modal distribution solution allows test-takers to take a test whenever and wherever they want. Meazure Learning is expanding its existing network of 300 test centers in Canada to over 1,600 test sites globally by incorporating Scantron's Certification and Licensure test center network in order to fulfill the growing market demand.
The acquisition will boost Meazure Learning's exam development and psychometric capabilities in addition to extending its secure delivery options. More significantly, the combined experience of the two firms will give clients access to greater capacity, thought leadership, research, and new best practices. The exam creation and psychometric team will more than double in size.
"The acquisition of Scantron's Certification and Licensure business aligns with Meazure Learning's purpose of helping move people forward in their educational and professional pursuits. The combination of our best-in-class remote proctoring platform and newly expanded global test center network provides our customers and partners with the flexibility, reach, and innovative technology to deliver an exceptional candidate experience and superior outcomes for test-takers."
- Tim McClinton, CEO of Meazure Learning
Ellucian | April 13, 2022
On April 12th premier education technology solutions provider, Ellucian, announced the expansion of its strategic partnership with PowerSchool, a leader in cloud-based K-12 education software. Both the companies aim to join hands to enable students to get access to better career and education support from kindergarten to college.
The partnership will allow Ellucian to integrate its Experience Platform with PowerSchool’s PeopleAdmin faculty management, talent management, and interoperability products for higher education.
"Building on a strong relationship with PowerSchool, our enhanced collaboration brings together the leading technology solutions providers in K-12 and higher education. Together with PowerSchool, Ellucian will gain greater insight into drivers of student success. As a result, we'll be able to help our higher education customers develop programs that align with student interests and needs, and we can explore new solutions to support evolving career and education pathways and long-term learning."
-Laura Ipsen, President and CEO, Ellucian
"We are excited to take this next step in our relationship with Ellucian. At PowerSchool, our mission is to power the education ecosystem with unified technology that helps educators and students realize their full potential, in their own way. Through our collaboration with Ellucian, we can help ensure students' experiences within the K-12 ecosystem are reflected on in a way that best helps prepare and support them in college, careers, and life."
-Hardeep Gulati, CEO of PowerSchool
CapStone Holdings | February 08, 2022
CapStone Holdings Inc, a self-funded family office business incubator and investment group – announced today their partnership with the Mr. October Foundation to bring its STEM initiative to St. Louis this spring. The collaboration includes a national leading STEM curriculum from STEM 101, the newly emerged City Foundry STL, and added funding and support from Jim Crane, CEO of Crane Worldwide Logistics. The Mr. October Foundation, led by Major League Baseball legend Reggie Jackson, and STEM 101 will kick off the program on February 9, hosting local teachers and education professionals at the City Foundry STL.
"CapStone Holdings and the Stone family couldn't be more excited to support STEM education in St. Louis," said Heather Stone, co-founder of CapStone Holdings Inc. Stone and CapStone's founder and chairman, Keith J. Stone attended high school in eastern Missouri. "We have history here and it's why we've made this commitment. The younger generation will become tomorrow's engineers and innovators. Their exploration in STEM-related careers starts now, and these programs are pivotal in offering those opportunities."
This latest contribution from CapStone Holdings aligns with the company's other prior and ongoing efforts to support today's youth. In recent years, CapStone's subsidiary, GameAbove, partnered with Mr. October Foundation and Eastern Michigan University on a collaborative effort to expand the university's already successful K-12 STEM education program throughout metro Detroit. The initiative included 13 elementary and middle schools, and over 1,700 students.
"Students in St. Louis will have an opportunity to further develop their skills in science, technology, engineering, and math, through one of the best curriculums in the country. We are extremely grateful for the Stone family, as well as others for their support in our aspirations to inspire the younger generation through STEM education."
Mr. October founder, Reggie Jackson
This partnership expands on CapStone's investment in the St. Louis area. In 2020, the company invested $40 million into City Foundry STL, becoming one of the largest single-entity investors in the project and one of several engagements CapStone has in the region.
About CapStone Holdings, Inc.
CapStone Holdings, Inc. is a family office-structured holding company that maintains a balanced portfolio through investment strategies that maximize innovation and return with minimal risk. CapStone Holdings and its founders have invested across a wide range of industries for over 33 years and engage in focused philanthropic efforts.
About The Mr. October Foundation
The Mr. October Foundation is a non-profit public benefit corporation, founded by Reginald M. Jackson in 1997 with the mission of improving educational opportunities for underprivileged youth. Mr. Jackson is a retired Major League Baseball right fielder who played from 1967 to 1987 for the Oakland A's, Baltimore Orioles, New York Yankees and Los Angeles Angels. Mr. Jackson nicknamed "Mr. October," is a 14-time All-Star, five-time World Series champion and two-time World Series MVP. He was inducted into the Major League Baseball Hall of Fame in 1993.
About STEM 101
The STEM Academy, Inc. (STEM 101) is a 501c(3) non-profit organization dedicated to advancing economic development by improving STEM literacy for all students. No matter where children live, they should have access to quality learning environments. A child's zip code should not determine their opportunities. STEM 101 provides 21st century STEM career minded curriculum, physical resources and professional development to inspire, engage, and prepare students for the STEM jobs of tomorrow.