M&A Deal Summary

Intellispark Acquires ScholarCentric

On April 7, 2021, Intellispark acquired education company ScholarCentric from AdvancePath Academics

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

M&A Deal Summary

Date 2021-04-07
Target ScholarCentric
Sector Education
Buyer(s) Intellispark
Sellers(s) AdvancePath Academics
Deal Type Divestiture

Target

ScholarCentric

Denver, Colorado, United States
ScholarCentric is a provider of research-validated, research-based assessments and curricula designed to improve students' resiliency skills from third grade through high school. Using ScholarCentric's innovative products and services, students nationwide have developed and strengthened the social and emotional skills critical to success in school and beyond. ScholarCentric was formed in 2006 and is based in Denver, Colorado.

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Buyer(S) 1

Buyer

Intellispark

McLean, Virginia, United States

Category Company
Founded 2017
Sector Internet Software and Services
DESCRIPTION

Intellispark provides a holistic platform to coordinate student support services in PreK-12 schools. It makes student success a team sport by providing innovative features that connect teachers, administrators, counselors, families, and community resources so every student can thrive. Intellispark was formed in 2017 and is based in McLean, Virginia.


DEAL STATS #
Overall 1 of 1
Sector (Education) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

AdvancePath Academics

Williamsburg, Virginia, United States

Category Company
Founded 2005
Sector Education
DESCRIPTION

AdvancePath Academics, Inc. is a provider of alternative education solutions for out-of-school youth and those students who are disengaged or at risk of dropping out of high school. The company creates innovative partnerships with districts and high schools to operate in-school Academies that provide high-quality education services to recover, educate, and graduate out-of-school youth and those students at risk of not earning their high school diplomas.


DEAL STATS #
Overall 1 of 1
Sector (Education) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-14 ScholarCentric

Denver, Colorado, United States

ScholarCentric is a provider of research-validated, research-based assessments and curricula designed to improve students' resiliency skills from third grade through high school. Using ScholarCentric's innovative products and services, students nationwide have developed and strengthened the social and emotional skills critical to success in school and beyond. ScholarCentric was formed in 2006 and is based in Denver, Colorado.

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