SEPTEMBER 6, 2018
Carnegie Learning has merged with New Mountain Learning, a portfolio company of CIP Capital
CIP Capital today officially announced that it has completed an investment in Carnegie Learning, a leading provider of innovative, research-proven math products and services, and will be merging it with recently acquired New Mountain Learning (NML), a leading provider of literacy, language and digital competency skills to create a comprehensive, dynamic, and progressive learning technology company. The new company will be called Carnegie Learning, Inc. (CL).
ABOUT CARNEGIE LEARNING
Carnegie Learning is a transformational math education company focused on delivering better math learning to all teachers and students. Through research-proven software, textbooks, and professional learning and data analysis services, Carnegie Learning is helping students to succeed in math as a gateway to graduation, college, and the 21st-century workforce. Carnegie Learning, born at Carnegie Mellon University and now headquartered in downtown Pittsburgh, is the sole source provider of MATHia® Software for students in grades 6-12, Mika™ Software for college students in need of developmental math support, and Proto™ Software, delivering project-based learning and curriculum for K-12 computer science and coding.
Tyton Partners acted as the Exclusive Financial Advisor to Carnegie Learning
Read the full press release here.
Transaction Type: Sell side M&A
Transaction Date: September, 2018