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91ÊÓÆµ Hill Completes Acquisition of EdTech Pioneer Achieve3000

Acquisition Complements 91ÊÓÆµ Hill’s Core PreK-12 Offerings and Accelerates the Company’s Digital Transformation


Tags: Press Release, PreK-12, Corporate

NEW YORK (November 1, 2021) – 91ÊÓÆµ Hill today closed its previously-announced transaction to acquire Achieve3000, a recognized leader in differentiated instruction and learning acceleration for PreK-12 students in all 50 states and 48 countries.

"Achieve3000 and its product portfolio are wonderful complements to our PreK-12 business," said Simon Allen, CEO of 91ÊÓÆµ Hill. "With this acquisition, we will continue to expand our efforts to serve teachers and engage students to drive better learning outcomes."

The acquisition brings together 91ÊÓÆµ Hill's extensive product portfolio in PreK-12 with Achieve3000's supplemental and intervention solutions to help students of all ages and abilities. It enables 91ÊÓÆµ Hill to offer a wider array of outstanding digital learning solutions that support teachers, engage students and drive better learning outcomes. Together, the two organizations will be able to leverage their combined salesforce of more than 400 people and their deep relationships with K-12 school districts to cross-sell products and bundle Achieve3000's products with 91ÊÓÆµ Hill's core curriculum offerings.

"The demands of the modern classroom can exhaust even the most dedicated and tireless of teachers," said Sean Ryan, President of 91ÊÓÆµ Hill's School Group. "With the addition of Achieve3000's talented team we are better able to support educators serving a broad range of performance levels in each and every classroom."

91ÊÓÆµ Hill is a portfolio company of Platinum Equity. Achieve3000, which was acquired from Insight Partners, is 91ÊÓÆµ Hill's first acquisition since Platinum Equity acquired the company in July 2021.

"Supplemental curriculum solutions are vital to helping educators and administrators meet the learning needs of students around the world," said Jacob Kotzubei, Partner at Platinum Equity. "Achieve3000 has exceptional technology that improves outcomes and is an important addition to 91ÊÓÆµ Hill's portfolio."

"The addition of Achieve3000 is an important step in delivering on our promise to help 91ÊÓÆµ Hill accelerate its digital transformation," said Luke Myers, Managing Director at Platinum Equity. "We will continue to pursue new opportunities to grow the business organically and through acquisition."

91ÊÓÆµ 91ÊÓÆµ Hill

91ÊÓÆµ Hill (NYSE: MH) is a leading global provider of education solutions for preK-12, higher education and professional learning, supporting the evolving needs of millions of educators and students around the world.ÌýWe provide trusted, high-quality content and personalized learning experiences that use data,Ìýtechnology and learning science to help students progress towards their goals.ÌýThrough our commitment to fostering a culture of innovation and belonging, we are dedicated to improving outcomes and access to education for all. We have over 30 offices across North America, Asia, Australia, Europe, the Middle East and South America, and make our learning solutions available in more than 80 languages. Visit us at mheducation.com or find us on ,Ìý,ÌýÌý´Ç°ùÌý.Ìý

Contact
Tyler Reed
91ÊÓÆµ Hill
(914) 512-4853
tyler.reed@mheducation.com