Willkie represented Illuminate Education, a portfolio company of Insight Partners, in the transaction.
On June 25, Illuminate Education, the leading K-12 student performance system, announced it acquired FastBridge Learning, a research-driven assessment platform that transforms how teachers measure and monitor student progress. FastBridge Learning serves nearly 2 million educators and students across 45 states, including a statewide implementation in Iowa, and is committed to building knowledge and improving educational assessments. Its Formative Assessment System for Teachers (FAST™) is the only K-12 solution that combines Curriculum-Based Measurement (CBM) and Computer-Adaptive Testing (CAT) for reading, math and social-emotional behavior. The combination formalizes a long-time partnership between Illuminate Education and FastBridge Learning, aligning the technology, people, and processes required to support the whole child through data and a tiered instructional model.
Illuminate Education is the leading provider of integrated K–12 technology systems. Illuminate’s innovative tools bridge the gap between instruction, assessment, and data analytics. Headquartered in Irvine, California, Illuminate’s team of educators and technology specialists serve 15 million students across all 50 states.
In July 2018, Willkie represented Illuminate Education and Insight in Illuminate’s acquisitions of SchoolCity, Inc. and DataCation, as well as substantially all of the assets of Alpine Achievement Systems, Inc., in a merger of five companies serving approximately 15 million K-12 students.
The Willkie team was led by partner Morgan Elwyn and associate Sarah Wong and included partner Spencer Simon.