PSI, a Burbank Calif.-based based provider of professional testing services and talent assessment solutions, has acquired LaserGrade LP, a network of computer-based testing centers. No financial terms were disclosed. PSI is a portfolio company of ABRY Partners.
PSI, an industry-leading provider of professional testing services and talent assessment solutions, announced today the acquisition of LaserGrade, LP. LaserGrade provides affordable and efficient computer-based testing through its network of testing centers located throughout North America. LaserGrade's comprehensive testing programs include delivery of tests for federal and state agencies, as well as corporate clients and national certification organizations.
“This acquisition is a natural fit for us. By adding the LaserGrade network to our own nationwide network of testing centers, we have broadened our test delivery capability across the entire North American continent, including Alaska, Hawaii, and Puerto Rico as well as multiple international locations,” said Doug Walner, president and CEO of PSI. “We're delighted at the opportunity to offer our customers unparalleled coverage in terms of testing locations and outsourced test administration and at the same time offer a broader array of services to the LaserGrade client base.”
The combination leads to expanded test administration capability and makes PSI unique in its ability to service both the corporate talent assessment marketplace as well as the certification and licensure markets. With over 60 years of experience in the testing marketplace, a nationwide network of over 800 centers in North America, a sophisticated online (hosted) test administration platform (ATLAS