Springboard | October 07, 2022
Springboard, an industry-leading online learning platform preparing students for in-demand careers through comprehensive, mentor and instructor-led programs, announced today that it has been added as an Amazon Career Choice partner. Career Choice is an education benefit that empowers Amazonians to learn new skills through technical training and career advancement programs for career success. Springboard will provide tailored programs to train Amazon employees to transition into high-growth, in-demand careers in data analytics and software engineering
“We’re thrilled to be joining Career Choice and working together to create outsized impact for Amazon employees across the country, This partnership is a natural continuation of our mission to transform one million lives by 2030, and particularly in today’s uncertain economy, we’re excited to be a part of a progressive shift towards a workplace focused on employees and their goals.”
Gautam Tambay, CEO and co-founder of Springboard
Eligible Amazon employees throughout the U.S. will be able to enroll with Springboard beginning in November, with programs beginning early next year. We’re committed to providing educational opportunities for our employees across many different fields of interest. One way of doing that is by providing access to educational programs and reskilling opportunities in high-growth tech careers, said Tammy Thieman, global director for Career Choice at Amazon. The program aims to provide new pathways to career advancement opportunities, with a focus on preparing fulfillment center employees for transformational, high-growth tech careers. In the next ten years, occupations in the tech industry are projected to grow at twice1 the rate of the national average – with a persisting labor shortage, creating new pathways for individuals to enter into tech careers is essential. With nearly a decade of experience delivering programs that have successfully re-skilled tens of thousands of people to date, through partnerships with Amazon and others, Springboard is now applying its unique, cohort-based, human-guided learning approach to the corporate learning and employee development market, a $357 billion market according to Statista2. Through Springboard for Business, the company’s enterprise offering for businesses and corporations, Springboard guides employees at Fortune 500 companies through its uniquely tailored programs, which combine 1-on-1 mentorship with live and instructor-led sessions. Programs are available for upskilling and reskilling, and offer customized, company-specific projects to provide employees with the most up-to-date skill sets to drive business impact through contextualized and company-specific learning. If interested in becoming a Springboard enterprise partner, please reach out to email@example.com or visit https://learn.springboard.com/business/ to learn more.
Founded by Parul Gupta and Gautam Tambay in 2013, Springboard is on a mission to transform one million lives through education by 2030. Springboard believes that each student is unique, and needs a learning experience designed to fit their life’s pace, supported by advisors and mentors. More than 20,000 students across 100+ countries have used Springboard to advance their careers through the platform’s comprehensive, mentor-led online learning programs. Graduates have landed jobs with employers like Microsoft, Google, Meta, LinkedIn, Deloitte, Intel, IBM, Salesforce and more.Through Springboard for Business the company partners with businesses to bridge skills gaps through learning that prepares functional teams with the most in-demand and essential skills. Students take on relevant, real projects dramatically increasing learning momentum, retention and skill application in their jobs. Springboard delivers mentor-led online programs in strategic thinking, software engineering, data science, cybersecurity, UI/UX design, digital marketing, machine learning, tech sales and more. Springboard for Business has empowered corporate teams across industries at places like Sun Life Financial, HP, and The North Face.
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.
EDUCATION TECHNOLOGY, ONLINE EDUCATION
YuJa | September 19, 2022
Kuala Lumpur, Malaysia’s Asia School of Business has selected ed-tech leader YuJa Inc. to provide a video and media creation, storage, management and distribution solution campuswide. The Video Platform will help the institution, which was founded by MIT Sloan and Bank Negara Malaysia, meet its mission of developing transformative and principled leaders as a premier school of management in Asia.In addition to a video and content distribution management platform, the institution was seeking a solution that would work with its existing third-party classroom hardware and technology and that would enable automatic content ingestion.
“YuJa pairs well with video content capture and management streaming media processors, which enables institutions to quickly and easily publish recordings for students, automate workflows, schedule recordings and live stream events,We’re excited to work with ASB to help create and deliver their unique ‘Action Learning’ curriculum to supplement experiential and hands-on learning.”
Nathan Arora, Chief Business Officer at YuJa, Inc.
The institution migrated from a competitor product to benefit from YuJa’s robust, easy-to-use and all-in-one platform with tools for lecture capture, in-video quizzing, captioning, live streaming, and more.
ABOUT ASIA SCHOOL OF BUSINESS
The Asia School of Business (ASB) is located in Kuala Lumpur, Malaysia. Established in 2015 by Bank Negara Malaysia in collaboration with MIT Sloan, ASB is committed to developing transformative and principled leaders who will create a positive impact in the emerging world and beyond.
ABOUT YUJA, INC.
YuJa is a leader in ed-tech solutions. Our platforms provide organizations of all sizes with the tools to educate, engage, inspire and collaborate. We serve learning enterprises within all sectors, including higher-ed, K-12, government, healthcare, non-profit and corporate.