M&A Deal Summary

MetaMetrics Acquires Elemeno

On September 15, 2021, MetaMetrics acquired education company Elemeno

Acquisition Highlights
  • This is MetaMetrics’ 1st transaction in the Education sector.
  • This is MetaMetrics’ 1st transaction in the United States.
  • This is MetaMetrics’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2021-09-15
Target Elemeno
Sector Education
Buyer(s) MetaMetrics
Deal Type Add-on Acquisition

Target

Elemeno

Cary, North Carolina, United States
Elemeno is an ed-tech company focused on bridging the research-to-practice gap in early literacy by packaging scientific knowledge into useful tools for practitioners. Elemeno was founded in 2020 and is based in Cary, North Carolina.

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Buyer(S) 1

Buyer

MetaMetrics

Durham, North Carolina, United States
Category Company
Founded 1984
Sector Information Technology
DESCRIPTION

MetaMetrics is an education technology organization that offers the only scientifically valid, universal scales for measuring reading and listening (Lexile) as well as math (Quantile). The Lexile and Quantile Frameworks measure student ability and the complexity of the content they encounter. Lexile and Quantile measures and related technologies link assessment to instruction and provide next steps for students of all ages and abilities. MetaMetrics was formed in 1984 and is based in Durham, North Carolina.

DEAL STATS #
Overall 1 of 1
Sector (Education) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

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