Educational Testing Service (ETS)

Educational Testing Service (ETS) is a nonprofit organization founded in 1947 through a collaboration between the American Council on Education, the Carnegie Foundation for the Advancement of Teaching, and the College Entrance Examination Board. ETS specializes in developing and administering standardized tests and assessments in various educational settings. Under the leadership of Henry Chauncey, the organization was established to provide reliable and fair assessments for students, educators, and institutions. ETS aims to promote educational equity and excellence through their testing programs and services.

Ralph Taylor-Smith

Managing Director, Strategic Capital

10 past transactions

Ribbon Education

Acquisition in 2024
Ribbon Education, founded in 2021 in Brooklyn, New York by Joe Burgess and Lisa Jiang, is a developer of a teacher-student relationship management platform aimed at enhancing the educational experience. The platform focuses on helping teachers better understand their students and improve student outcomes while reducing administrative burdens. By scaling support for online programs, Ribbon Education enables educational institutions to make online learning more affordable and effective for adult learners. The company's mission is to improve the quality of education for all students and enhance teachers' professional lives, ultimately fostering better retention and engagement in educational settings.

Mastery Transcript Consortium

Acquisition in 2024
Mastery Transcript Consortium (MTC) is a nonprofit membership organization based in Winchester, Massachusetts, dedicated to transforming the educational landscape through the implementation of mastery learning and competency-based education. MTC supports a network of public and private schools in developing and utilizing a digital high school transcript that reflects students' individual skills and competencies rather than traditional grading systems. By promoting innovative educational practices, MTC aims to enhance accessibility and equity in learning, enabling all students to demonstrate their knowledge and abilities effectively.

PSI Services

Acquisition in 2024
Founded in 1967, PSI Services specializes in professional testing services and talent assessment solutions. With over six decades of experience, the company offers comprehensive solutions including pre-hire employment selection, managerial assessments, licensing tests, license management services, and biometric identification authentication services. PSI serves corporations, government agencies, professional associations, and academic institutions worldwide.

Leverage Edu

Series C in 2023
Leverage Edu is an AI-driven platform facilitating students' higher education and career growth. It democratizes mentorship, breaking traditional barriers to help students worldwide secure admission to suitable programs.

UpGrad

Venture Round in 2022
UpGrad is an online learning platform founded in 2015, offering professional courses in digital marketing, product management, data analytics, and more. It provides industry insights and student support services.

Kira Talent

Acquisition in 2021
Kira Talent is a leading provider of holistic admissions solutions for higher education, established in 2012. The company enhances the admissions process by integrating on-demand timed video and timed written assessments with traditional requirements such as test scores, essays, and reference letters. Kira Talent aims to help admission teams identify applicants who are likely to succeed in their programs by focusing on competency-based assessments that evaluate critical traits such as leadership, communication skills, and motivation. Serving over 300 programs globally, Kira Talent is dedicated to creating applicant-first assessments that facilitate the selection of the best-fit students for various educational institutions.

ApplyBoard

Series C in 2020
ApplyBoard is a technology company that simplifies the study abroad search, application, and acceptance process by connecting international students, recruitment partners, and educational institutions on a single platform, streamlining the journey from discovery to enrollment. The company operates globally, with headquarters in Kitchener, Ontario, and a dedicated office in Gurugram, India, reflecting its international reach.

Questar Assessment

Acquisition in 2017
Questar Assessment, Inc. is a provider of comprehensive assessment solutions tailored for the K-12 education market, serving states, school districts, and other educational entities. Established in 1976 and headquartered in Brewster, New York, the company specializes in a wide array of services, including program management, test design and construction, item development, online test administration, scoring, data analysis, and psychometric services. Questar also delivers custom assessments, such as large-scale evaluations and English language proficiency tests, alongside a variety of proprietary products aimed at enhancing educational outcomes. The company's offerings include the WriteQuest program and the MAC II test, among others, while its online and reporting services facilitate efficient assessment processes. Questar Assessment, formerly known as Touchstone Applied Science Associates, Inc., became a subsidiary of Educational Testing Service, Inc. in March 2017, continuing its commitment to bridging learning and accountability in education.

Edusoft

Acquisition in 2011
Edusoft is a global leader in technology-assisted English language learning solutions. With over two decades of proven expertise, it serves 19 ministries of education and thousands of institutions worldwide, delivering customized, cost-effective solutions for government, education, and corporate sectors.

Computerized Assessments and Learning

Acquisition in 2011
Computerized Assessments and Learning is a provider of computerized assessment services tailored for K-12 education systems. The company specializes in online assessment and student data management, offering solutions that support both large-scale and local assessment programs. By leveraging innovative technology, Computerized Assessments and Learning aims to enhance academic excellence worldwide, equipping educators with the tools necessary to provide students with optimal opportunities for success. Their focus on summative testing and comprehensive data management positions them as a key player in the educational assessment landscape.
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