Clearlake Capital-Backed Discovery Education Completes Acquisition of DreamBox Learning
CHARLOTTE, N.C., Oct. 12, 2023 /PRNewswire/ -- Discovery Education, a global education technology company backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), today announced the completion of its acquisition of DreamBox Learning®, a PK-12 education technology provider serving more than 6 million students and 600,000 educators nationwide. Financial terms were not disclosed.
- Latest acquisition expands teacher and student access to personalized, adaptive learning experiences in Math and English Language Arts
CHARLOTTE, N.C., Oct. 12, 2023 /PRNewswire/ -- Discovery Education , a global education technology company backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), today announced the completion of its acquisition of DreamBox Learning® , a PK-12 education technology provider serving more than 6 million students and 600,000 educators nationwide. - "Discovery Education's acquisition of DreamBox Learning unites two cultures of passion and purpose.
- The addition of DreamBox Learning to the Discovery Education family of solutions meets this need and offers educators worldwide:
More options. - "The acquisition of DreamBox Learning represents another milestone in Discovery Education's journey by creating innovative classrooms connected to today's world," said James Pade, Partner and Managing Director at Clearlake.