Atwood Capital Partners advises Renzulli Learning on its sale to CompassLearning
Austin, TX – Atwood Capital Partners is pleased to announce that it has advised the shareholders of Renzulli Learning (“RL”) on its sale to CompassLearning. This combination heralds the launch of a new era in personalized education for differentiated learning, and will take advantage of the national K-12 focus on 21st century skills. Terms of the transaction were not disclosed. Atwood Capital Partners led the negotiations and execution of the transaction.
Renzulli Learning, based in Avon, CT and affiliated with the University of Connecticut, launched its first product in 2005. RL provides an interactive, individualized online differentiated learning program for K-12 students. RL’s program produces a customized learning profile for each student, which then matches thousands of resources to each student’s interest, learning style, and preferred approach to personal expression.
CompassLearning, based in Austin, TX, is one of the nation’s leading providers of educational software, with more than 40 years of providing pioneering technology based on current and confirmed research. Odyssey, its flagship K-12 software-based curriculum, assesses each student’s understanding of key concepts and prescribes a personalized learning path consisting of research-based activities.
RL’s model complements Odyssey’s current approach, which customizes for student competency. Future versions of Odyssey will combine the two approaches, permitting exponentially greater opportunities to tailor the learning experience to each student’s needs. Both companies’ products have won multiple awards and have been validated through years of research and practical experience with diverse populations.
Eric Loeffel, CEO CompassLearning: “As we talk to educators across the country, it is clear they need an adaptive learning environment that is unique for each student, constantly evaluating effectiveness and student performance in order to fine-tune the learning experience. We look forward to unleashing the full learning power of every individual student by creating a highly customized environment that promotes increased achievement through engagement and differentiation in learning.”
Dr. Joseph Renzulli, co-founder of Renzulli Learning and a professor at the University of Connecticut, where he is also director of the National Research Center on the Gifted and Talented commented: “Joining forces with CompassLearning is the next logical evolution in Renzulli’s approach to the personalized learning model. We started with a gifted-and-talented program model and extended our approach to ensure we are able to impact all students through a strength-based pedagogy.”
CompassLearning, the leading provider of personalized education technology solutions, has been helping students excel for more than 40 years. To help students achieve success, CompassLearning products support differentiated instruction, formative assessment, and response to intervention. The company’s flagship product, CompassLearning Odyssey, is based on current and confirmed educational research and is developed in a learning studio of highly qualified curriculum experts working alongside talented animators, scriptwriters, and engineers. From the struggling learner to the student needing a challenge, CompassLearning Odyssey is designed to engage, educate, and inspire. For more information about CompassLearning, visit www.compasslearning.com.
About Renzulli Learning
Renzulli Learning is a leader in practical classroom differentiation and maximizing student engagement. A unique search engine matches online enrichment resources to students’ interests, learning styles, and expression styles so that kids have a custom library of material for review and enhancement of school topics. In addition, teachers can quickly find dynamic curriculum resources, group students based on their strengths, and provide real world applications - all with a suite of online tools that can be used anywhere and anytime students connect to the internet. Renzulli Learning is university founded, classroom tested, data proven and keeps kids engaged and challenged in school and at home.
About Atwood Capital Partners
Atwood Capital Partners is an independent middle market investment bank for the information, media, technology, and communications industries. Drawing from the Atwood team's deep investment banking, operational and investment management experience, the firm offers corporate executives and entrepreneurial owners alike expert guidance for mergers & acquisitions, debt and equity financings, and financial restructuring transactions. Clients value Atwood's access to a global network of influential relationships, which has been built and strengthened throughout the firm’s three decade history. Headquartered in New York with a presence in Shanghai, the firm offers its clients the right connections across its targeted industries around the world. Atwood is a registered broker-dealer.