Achieve Partners, a private equity firm focused on investing in technology, healthcare and business services companies, has acquired MasteryPrep, a provider of college readiness services and resources.
MasteryPrep provides assessment services and professional development focused on underserved schools and districts. The company’s services work to prepare students for the SAT, ACT, TSIA-2 and WorkKeys tests. MasteryPrep’s approach works to help schools and districts meet federal and state targets by improving student outcomes on exams with a model designed around access and affordability for districts in low-income communities. The company works with over 500 school districts across the country.
“MasteryPrep was founded on the belief that with the right support, all students can graduate high school and continue on to postsecondary education,” says Craig Gehring, CEO and founder of MasteryPrep. “Achieve’s backing will enable us to accelerate that mission at a time when new approaches to boost student achievement have never been more important.”