Ready Education, a higher education student engagement platform in North America, has partnered with private investment firm Level Equity, alongside existing investors, and acquired software companies Collabco from Liverpool and StuComm based in Utrecht in the Netherlands.
Gary Fortier, chief executive of Ready Education, said: “Today marks a new era and the next phase of growth for Ready Education as we work with Level Equity to advance our primary goal of improving student success globally. Level Equity’s financial resources and experience supporting high-growth organisations will enable us to rapidly invest more in our product, customer experience, enter new markets, and enhance our best-in-class student engagement platform.”
“Across our businesses, we provide the opportunity for hundreds of higher ed institutions to actively engage and communicate with millions of students globally, resulting in improved student success. We’re thrilled to be able to bring together the knowledge, experience, and resources of all three companies.”
Andrew Taylor, chief executive of Collabco, added: “Collabco has been able to have a significant impact on student lives thanks to the hard work and commitment of the team. I am hugely excited to see this impact magnified by joining with Ready Education and StuComm to become a truly global force in student engagement.”
Ronald Kouvelt, chief executive of StuComm, commented: “Joining forces with Ready Education and Collabco is an exciting next chapter. It is a reward for our hard work and with our combined knowledge, experience, and resources, we will drive student engagement worldwide, as one Ready Education.”
Ready Education is headquartered in Montreal.
Date published: 21 July 2021