has been acquired by
July 2016

Compass Learning Has Been Acquired by Edgenuity
July 2016

Signal Hill is pleased to announce that its client Compass Learning (Compass), a leader in K-12 learning acceleration software backed by Marlin Equity Partners, has been acquired by Edgenuity, a portfolio company of Weld North Holdings LLC.

Compass Learning partners with educators to ensure students achieve record academic results, developing K-12 learning acceleration software for blended learning, intervention, high school, and inquiry-based personalized learning. The Company’s software helps pinpoint and close skill and concept gaps to move students forward academically. Compass serves more than 2 million students and 70,000 teachers in 10,000 schools across the U.S.

“We couldn’t have chosen a better partner to work with through this transaction. Justin Balciunas, Michael Kremen, and the rest of the Signal Hill team provided sound advice and guidance at every stage of the process. Leveraging their deep knowledge of the education software sector, transaction experience, and superior execution capabilities, the Signal Hill team delivered exactly what they promised. The transaction was a great outcome for all.”  

Edgenuity is a leader in online courseware for credit recovery and blended learning for grades 6-12. Weld North is an investment company focused on digital and SaaS education. The acquisition strengthens Weld North’s position as a leading operator of education businesses and provides Edgenuity with a comprehensive suite of K-12 products.

About Signal Hill

Signal Hill, named 2015 Boutique Technology Investment Bank of the Year by the Global M&A Network, is a leading advisory boutique serving the M&A and private capital raising needs of growth companies. Signal Hill's experienced bankers provide deep domain expertise and an unyielding commitment to clients in our sectors: Internet & Digital Media, Internet Infrastructure, Services and Software. With more than 600 completed transactions and offices in Baltimore, Bangalore, Boston, Mumbai, Nashville, New York, Reston and San Francisco, Signal Hill leverages deep strategic industry and financial sponsor relationships to help our clients achieve Greater Outcomes®. For more information visit www.signalhill.com.