Cambium Learning Group
TypePrivate
Nasdaq: ABCD
DivisionsLearning A-Z
Lexia Learning
Voyager Sopris
Kurzweil
ExploreLearning
Cambium Assessment
Kurzweil Education
VKidz

Cambium Learning Group is an American education technology and services company that creates computer software and hardware products serving students ranging from pre-kindergarten to adult. Cambium Learning is a portfolio company of Veritas Capital, a New York-based private equity firm.[1]

History

The Dallas, Texas-based company was founded in 2003.

The company's business units are named Learning A-Z, Lexia Learning, Voyager Sopris, ExploreLearning, Cambium Assessment, Kurzweil Education, and VKidz.

After more than 18 years with the company, CEO John Campbell retired in May 2022, and was succeeded by Ashley Anderson Zantop.[2]

Cambium acquired Voyager Sopris Learning (formerly Voyager Learning Company) in December 2009.[3] Cambium Assessment (formerly AIR Assessment) was acquired in January 2020.[4] Kurzweil Education (formerly Kurzweil Educational Systems) was bought in April 2005.[5][6] VKidz was acquired in December 2018.[7]

In September 2020, in an all-cash deal, Cambium bought Rosetta Stone with an equity valuation of approximately $792 million. The acquisition would broaden Cambium's immersive learning services for students, administrators and individuals.[8]

References

  1. ↑ Glick, Ben (2018-12-19). "Veritas Capital Completes Acquisition of Cambium Learning Group". Middle Market Growth. Retrieved 2023-11-22.
  2. ↑ "Cambium Learning Group Names Ashley Andersen Zantop as CEO and Chairman". K-12 Dive. Retrieved 2023-11-22.
  3. ↑ Staff, PE Hub (2009-12-09). "Voyager Learning Completes Cambium Merger". PE Hub. Retrieved 2021-09-07.
  4. ↑ "Cambium Learning Group Completes Its Acquisition of Assessment Division of the American Institutes for Research". www.businesswire.com. 2020-01-06. Retrieved 2021-09-07.
  5. ↑ "Kurzweil Educational Systems bought by Natick's Cambium". www.bizjournals.com. Retrieved 2021-09-07.
  6. ↑ "Kurzweil Educational Systems acquired by Cambium Learning « Kurzweil". Archived from the original on 2013-04-14. Retrieved 2021-09-07.
  7. ↑ "Veritas Capital Completes Acquisition of Cambium Learning Group". www.businesswire.com. 2018-12-18. Retrieved 2021-09-07.
  8. ↑ "Cambium's $792 Million Acquisition of Rosetta Stone". Global Legal Chronicle. 3 September 2020. Retrieved 21 September 2020.
    • Historical business data for Cambium Learning Group:
    • SEC filings


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