LLR Partners has made an undisclosed investment to support the merger of educational tech companies CaseNEX and Longleaf Solutions. The combined companies will provide student data analytics, classroom management, teacher professional development and parent communication solutions.
CHARLOTTESVILLE, Va. & ATLANTA–(BUSINESS WIRE)–CaseNEX and Longleaf Solutions, innovative leaders of data management and professional development solutions for the K-12 education market, today announced that the companies have merged, supported by a new investment from LLR Partners. Combining the companies’ highly complementary product portfolios, including BaselineEdge and DataCation, creates a leading provider of student data analytics, classroom management, teacher professional development and parent communication solutions. The integrated platform will enable teachers, school district administrators and parents to effectively monitor student achievement and address academic performance gaps.
Michael Williamson, Founder and CEO of Longleaf Solutions, will become CEO of the combined business. Williamson was previously President and CEO of Horizon Software, a provider of operational software to K-12 school districts, which was sold to Roper Technologies in 2008.
“The education industry is increasingly focused on personalized learning, performance measurement and outcomes, creating extraordinary demand for sophisticated data management solutions,” said Williamson. “Bringing CaseNEX, Longleaf and LLR Partners together marries some of the best talent, industry expertise and technology with the capital to grow. Collectively, we can provide unprecedented insight for teachers and school district administrators to identify student performance differences and enable personalized instruction.”
With increasing regulatory requirements focused on outcomes and accountability, schools transitioning from paper to digital instructional tools and an industry-wide push towards personalized learning, the K-12 education industry is in need of comprehensive data management solutions.
“Longleaf and CaseNEX/DataCation joining forces will offer an enhanced user experience and expanded toolset,” said Peter Bencivenga, Founder of DataCation, who will assume the role of Chief Academic Officer and Head of Product Management of the combined company. “The more comprehensive SaaS solution will benefit our current customers at a time when utilizing data efficiently is paramount to advancing quality education.”
“CaseNEX, DataCation and Longleaf products are already used by more than 5,000 schools, serving over 1.7 million students,” said Jack Slye, Partner, LLR Partners. “We are excited not only by the quality of the offerings and the management teams, but by the widespread impact this combination will have on student achievement.”
As a leader in the education technology industry for over 15 years, CaseNEX is now used in all 50 states and consists of two additional divisions: DataCation and PALS Marketplace. CaseNEX offers pioneering case method professional development along with an array of tools to help schools break down complex student data to inform and support instruction. CaseNEX tools actively assess new needs, address performance gaps, increase transparency, and promote academic success. The Company is headquartered in Charlottesville, VA, and New York, NY.
About Longleaf Solutions
Longleaf Solutions is a leading provider of K-12 education data and performance management solutions. Longleaf’s flagship product, BaselineEdge, was launched in 2012 and has been implemented in over 1,800 schools nationwide. BaselineEdge offers a comprehensive set of tools to consolidate and bring together all important performance and demographics data in one secure location. Longleaf has created unique data visualization functionality and analytics user experiences, making it easy to use this data to create personalized success plans. Longleaf is focused on increasing student achievement, empowering teachers and driving operational efficiency in schools. The Company is headquartered in Atlanta, GA.
About LLR Partners
LLR Partners is a private equity firm investing in middle market growth companies. LLR invests in a broad range of industries, with an emphasis on software and technology-enabled services. Founded in 1999 and with more than $2 billion raised across four funds, LLR is a flexible provider of capital for growth, recapitalizations and buyouts. For more information about LLR, visit llrpartners.com.