Catapult Learning Acquires Newton Alliance
Combination Creates Largest Intervention Services and Professional Development Provider
CAMDEN, N.J., Jan. 7, 2014 /PRNewswire-iReach/ -- Catapult Learning, LLC, a leading provider of intervention services and professional development programs for K-12 schools, announced today that it has acquired Newton Alliance, LLC. Terms of the agreement were not disclosed.
As part of the transaction, Catapult Learning acquired the Newton Alliance customer and product portfolio including:
The acquisition will extend Catapult Learning's reach into new public school markets across the country, and enable Catapult to further strengthen its professional development expertise by leveraging Alliance's nationally validated approach to school improvement and capacity building.
"In combination with Newton Alliance, Catapult Learning's more than 4,000 educators now provide instructional intervention services and professional development in 19 of the top 25 school districts in the United States. Acquiring these programs gives us additional scale, technology, and expertise to further promote sustainable academic achievement across the nation," said Stuart Udell, CEO of Catapult Learning. "We are thrilled to have the opportunity to bring Newton Alliance into the Catapult family."
Signal Hill served as an advisor to Catapult Learning on this transaction. BMO Capital Markets Corp. advised the seller on the transaction.
About Catapult Learning. For over 35 years, Catapult Learning has been dedicated to improving academic achievement for students from pre-K to grade 12 with a special focus on struggling learners. Schools nationwide turn to Catapult Learning for the very best in intervention services and professional development support. Catapult Learning's nationwide network of 4,000 teachers, coaches, and specialized services providers partners with over 300 school districts across the country.
Media Contact: Karen Geisel, Princeton Strategic Communications Group, 518-421-3435, firstname.lastname@example.org
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SOURCE Catapult Learning
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