HMH to Acquire NWEA
Learning technology company HMH and NWEA, a not-for-profit, research and educational services organization serving K-12 students, announced today they have signed an agreement for HMH to acquire NWEA. Upon closing, NWEA will operate as a division of HMH, with its current offerings, including its flagship assessment—MAP Growth—remaining under the NWEA brand. NWEA assessment solutions will be integrated with HMH curriculum on HMH’s platform to create a combined offering that links interim assessment to instruction. HMH is a portfolio company of Veritas Capital, a private investment firm that focuses on companies that provide technology and technology-enabled solutions to government and commercial customers worldwide.
By combining NWEA’s assessments with HMH’s curriculum, HMH is expected to deliver a holistic solution for educators that helps them understand how students are growing academically and what areas need the most focus to maximize that growth. Most importantly, this solution will turn insights from assessments into content recommendations that help teachers address student-specific skill gaps and advance student learning.
“We are thrilled at the potential this acquisition brings for K-12 educators, at a time when the connection between instruction and assessment is increasingly critical for student success,” said Jack Lynch, CEO of HMH. “HMH and NWEA have great alignment in mission and long-term vision and share the collective belief in the transformative power of education. Both teams are deeply focused on helping all children learn and serve millions of K-12 educators and students across the globe.”
“We’ve gone from serving three school districts 40 years ago to working with 10,000 school districts in 2022. This is the perfect time to look at where NWEA can go next to build on our reputation for quality and trust with the goal of amplifying our impact on student learning,” said Chris Minnich, CEO of NWEA. “When considering the right path forward, we kept our school district and state education partners at the center, with a focus on how we can deliver for them, especially in the areas they value. As part of HMH, we will be able to address their needs faster while staying focused on the deep, trusting relationships we have built with them.”
more at: https://www.hmhco.com/about-us/press-releases/hmh-to-acquire-nwea