ETS Expands Focus on Workforce Skills Sector with the Acquisition of PSI
PRINCETON, N.J. and OLATHE, Kan., Jan. 29, 2024 /PRNewswire/ -- In a deal that closed January 25, 2024, ETS acquired PSI. This partnership brings together the long-standing expertise of ETS, the world's largest private educational measurement organization, with PSI's global leadership in test development and delivery across workforce certification and licensure. As employers and governments around the world face the critical need to upskill their people for the future of work, ETS and PSI are joining forces to create a robust end-to-end suite of products and services leveraging unparalleled measurement science and proven expertise in workforce skills testing and development.
- PRINCETON, N.J. and OLATHE, Kan., Jan. 29, 2024 /PRNewswire/ -- In a deal that closed January 25, 2024, ETS acquired PSI.
- These two organizations are poised to drive the progress of educational and workforce skills assessment by harnessing cutting-edge technology and unmatched research and development capabilities.
- Together, ETS and PSI stand ready to reshape and enhance the evaluation of human capabilities on a global scale.
- Macquarie Capital acted as financial advisor and Kirkland & Ellis LLP as legal advisor to LLH, PSI and Waud Capital.