Summary
Catapult Learning, Inc. is a provider of K−12 contracted instructional services to public and private schools in the United States. The company’s portfolio of products and services includes intervention, professional development, school improvement, assessment, dropout prevention and recovery, alternative education, and special education programs. The firm is headquartered in Camden, New Jersey, and serves over 300,000 students and 25,000 teachers in 39 states.
 | |
| Industry | Education |
|---|---|
| Founded | 1976  |
| Founder | Stephen K. Freeman |
| Headquarters | New Jersey, Camden , U.S. |
Key people | Jeffrey Cohen(CEO) |
| Website | catapultlearning |
History edit
Catapult Learning was founded in Philadelphia, Pennsylvania, in 1976 under the name READS as an educational services business for private and religious schools. The company was co-founded by Stephen K. Freeman,[1] who was the Executive Director. and later be President and CEO, serving in that role until 2011. READS was acquired in 1995 by Sylvan Learning Systems, Inc., and the company’s name was changed to Sylvan Education Solutions. In 2003, Sylvan sold its K−12 businesses to Apollo Management LP, which formed Educate Inc.[2]
In 2004, Educate renamed the Sylvan Education Solutions division as Catapult Learning to distinguish the in-school unit from Sylvan’s retail unit, Sylvan Learning Centers. In 2008, the Catapult Learning division was sold to private investors,[3] making Catapult Learning a private, independent company. In 2010, the firm began a series of acquisitions— including Literacy First (2011),[4] Nonpublic Education Services, Inc. (NESI)(2012),[5] Newton Alliance, LLC (2014),[6] and Drop Back In Academy (2014)[7] —and in 2015, the company merged with Specialized Education Services, Inc. (SESI).[8] In September 2015, Jeffrey Cohen was named CEO of Catapult Learning, Inc.[9]
References edit
- ^ "Stephen K. Freeman: Executive Profile & Biography - Businessweek". www.bloomberg.com. Retrieved 2016-04-22.
- ^ Walsh, Mark (2003-03-19). "Sylvan Learning, Changing Focus, Sells K-12 Sector - Education Week". Education Week. Retrieved 2016-04-22.
- ^ "Katten Represents Sterling Capital Partners and Management Team of Educate Inc. in $600 Million Going-Private Deal". Katten Law. Katten Muchin Roseducenman LLP.
{{cite web}}: Missing or empty|url=(help) - ^ "Catapult Learning Acquires Literacy First". The Assignment Reporter. The Assignment Reporter.
- ^ "NESI has been Acquired by Catapult Learning" (PDF). Parchman Vaughan. Archived from the original (PDF) on 2016-12-20. Retrieved 2016-05-18.
- ^ "Q1 2014 Education Market Snapshot" (PDF). Signal Hill. Signal Hill. Archived from the original (PDF) on 2016-12-20. Retrieved 2016-05-13.
- ^ "Q1 2014 Education Market Snapshot" (PDF). Signal Hill. Signal Hill. Archived from the original (PDF) on 2016-12-20. Retrieved 2016-05-13.
- ^ Burdo, Alison. "Local firms' merge, create largest education assistance service in U.S". Biz Journals. Philadelphia Business Journal.
- ^ Von Bergen, Jane M. "Jeffrey Cohen returns to lead Catapult". Philly.com. The Philadelphia Inquire.