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M&A Deal Summary

ACT Acquires Pacific Metrics

On July 7, 2014, ACT acquired education company Pacific Metrics

Acquisition Highlights
  • This is ACT’s 1st transaction in the Education sector.
  • This is ACT’s 1st transaction in the United States.
  • This is ACT’s 1st transaction in California.

M&A Deal Summary
Date 2014-07-07
Target Pacific Metrics
Sector Education
Buyer(s) ACT
Deal Type Add-on Acquisition

Target

Pacific Metrics

Monterey, California, United States
Pacific Metrics Corp. is an online assessment provider. Pacific Metrics is a research and development company, to improve educational assessments and learning through new technologies. It offers four major areas of products and services: online testing, automated scoring and reporting, psychometric research and analysis, and technologically advanced content development.

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Buyer(S) 1

Buyer

ACT

Iowa City, Iowa, United States
Category Company
Founded 1959
Sector Education
DESCRIPTION

ACT, Inc. is a nonprofit organization dedicated to helping people achieve education and workplace success. ACT is a provider in college and career readiness, providing high-quality achievement assessments.

DEAL STATS #
Overall 1 of 5
Sector (Education) 1 of 3
Type (Add-on Acquisition) 1 of 4
State (California) 1 of 2
Country (United States) 1 of 5
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-02 OpenEd

Los Gatos, California, United States

OpenEd, Inc. is a K-12 educational resource library, offering over a million assessments, homework assignments, videos, games and lesson plans for every Common Core Math, Language Arts, Literacy and Next Generation Science standard.

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