LOS ANGELES, December 2, 2010 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired Renzulli Learning Systems, LLC (“Renzulli”), a provider of interactive, online programming that engages students through the use of customized learning profiles. Renzulli will be integrated with CompassLearning, Inc. (“Compass”), a Marlin portfolio company, and will supplement Compass’s award-winning Odyssey® product by expanding the enrichment curriculum and continuing to maximize student engagement.
Renzulli specializes in learning solutions based on a high-engagement enrichment model. The Renzulli Learning Differentiation EngineTM produces a customized learning profile and then matches thousands of resources to student interests, learning styles and preferred approaches to personal expression.
Eric Loeffel, CEO of Compass, remarked, “As we talk to educators across the country, it is clear they need an adaptive learning environment that is unique for each student. The acquisition of Renzulli allows Compass to unleash the full learning power of every individual student by creating a highly customized environment that promotes increased achievement through engagement and differentiation in learning.”
“Renzulli offers a highly strategic complement to Compass’s product offering and customer base,” added Jonah Sulak of Marlin. “This transaction exhibits our continued commitment to supporting Compass’s growth.”
About Marlin Equity Partners
Marlin Equity Partners is a Los Angeles, California-based private investment firm with over $1 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries that are in the process of undergoing varying degrees of operational, financial or market-driven change where its capital base, industry relationships and extensive network of operational resources significantly strengthens a company’s outlook and enhances value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 40 acquisitions. For more information, please visit www.marlinequity.com.
About CompassLearning
CompassLearning is a leading educational software company that provides comprehensive supplemental curriculum software to educators and students in grades K-12. Founded in 1969, Compass’s suite of software and services provides multiple curriculum products across key subjects by grade level. The company’s flagship product, Odyssey, creates a personalized and engaging learning path for each student using flash-based activities to teach and review concepts. In addition, the award-winning solutions enable teachers to assess student performance, diagnose strengths and weaknesses and prescribe specific instruction. CompassLearning is based in Austin, Texas and serves over 11 million students in 20,000 schools. For more information, please visit www.compasslearning.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at pspasov@marlinequity.com.