Clearlake Capital-Backed Discovery Education Acquires Pivot Interactives
Charlotte, NC — Discovery Education, a world edtech firm backed by Clearlake Capital Group, L.P. (along with its associates, “Clearlake”), introduced it has acquired Minneapolis, MN-based Pivot Interactives SBC. Led by a group of science academics, practitioners, and college students, Pivot Interactives develops dynamic cloud-based actions and labs that actively interact college students within the genuine exploration of actual scientific phenomena. Terms weren’t disclosed.
The acquisition of Pivot Interactives helps Discovery Education’s mission to arrange learners for tomorrow by creating modern lecture rooms related to as we speak’s world. Pivot Interactives will complement Discovery Education’s different profitable digital companies supporting science training, which embrace Discovery Education’s K-12 platform, Mystery Science, the Science Techbook series, and STEM Connect.
Pivot Interactives is Discovery Education’s second acquisition this month, having additionally acquired DoodleLearning.
“Discovery Education empowers teachers and inspires students worldwide through digital content delivered on our platform,” mentioned Discovery Education Chief Executive Officer Scott Kinney. “Unlike other digital interactives on the market, Pivot Interactives explores concepts using real-life experiments, not animations, allowing teachers to include phenomena-based learning at any stage of the learning cycle. Through our acquisition of Pivot Interactives, Discovery Education is now better positioned to broaden our impact by providing our partner school systems access to phenomena-based, active learning tools.”
Peter Bohacek, Chief Executive Officer of Pivot and physics trainer, and Matthew Vonk, Chief Science Officer for Pivot and physics professor, based Pivot Interactives by creating a library of interactive video-based actions funded partly by a grant from the National Science Foundation. The co-founders started working with their very own college students to develop direct measurement movies that enable academics and college students to interrupt out of classroom constraints.
Now, academics worldwide are utilizing Pivot Interactives to interact over 1 million college students with phenomena and science practices. Under the Discovery Education household of companies, Pivot Interactives’ award-winning platform will proceed innovating to revolutionize science training.
“We’re thrilled to be joining the Discovery Education family,” mentioned Mr. Bohacek. “Back in 2012, I began to experiment with integrating interactive video into my classroom practice. The results were so promising, I was compelled to continue to explore how to expand the capability of interactive video and that led to the founding of Pivot Interactives. I am excited about this next chapter and the opportunity to scale the impact of these resources.”
“The Pivot Interactives team shares Discovery Education’s mission to prepare all learners for future success, and I believe that as part of Discovery Education we will be in an even better position to improve science education across the country and around the world,” mentioned Mr. Vonk. “Echoing Peter’s sentiments, we’re excited to join Discovery Education.”
For extra details about Discovery Education’s award-winning digital assets {and professional} studying companies, go to www.discoveryeducation.com, and keep related with Discovery Education on social media by Twitter and LinkedIn.
About Discovery Education
Discovery Education is the worldwide edtech chief whose state-of-the-art digital platform helps studying wherever it takes place. Through its award-winning multimedia content material, educational helps, and modern classroom instruments, Discovery Education helps educators ship equitable studying experiences partaking all college students and supporting greater educational achievement on a world scale. Discovery Education serves roughly 4.5 million educators and 45 million college students worldwide, and its assets are accessed in over 100 international locations and territories. Inspired by the worldwide media firm Discovery, Inc., Discovery Education companions with districts, states, and trusted organizations to empower academics with main edtech options that help the success of all learners. Explore the way forward for training at www.discoveryeducation.com.
About Clearlake
Clearlake Capital Group, L.P. is an funding agency based in 2006 working built-in companies throughout non-public fairness, credit score, and different associated methods. With a sector-focused method, the agency seeks to accomplice with administration groups by offering affected person, long-term capital to companies that may profit from Clearlake’s operational enchancment method, O.P.S.® The agency’s core goal sectors are expertise, industrials, and client. Clearlake at the moment has over $72 billion of belongings underneath administration, and its senior funding principals have led or co-led over 400 investments. The agency is headquartered in Santa Monica, CA with associates in Dallas, TX, London, UK and Dublin, Ireland. More info is accessible at www.clearlake.com and on Twitter @Clearlake.
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