LLR Investment in DataCation Named Atlanta’s 2015 Emerging Growth Deal of the Year
February 23, 2016
The Association for Corporate Growth’s (ACG) Atlanta Chapter has named LLR Partners’ investment in DataCation as the 2015 Emerging Growth Deal of the Year. The award was presented on February 23, 2016 at the ACG Atlanta Deal of the Year Awards at the Porsche Experience Center in Atlanta, GA.
ACG honors the top regional transactions each year based on several criteria, including potential economic development, local or global impact as well as engagement in strategic sectors for the Chapter. This transaction represents a collaborative, creative process between multiple parties to create the top K-12 data management solution for improving educational outcomes.
DataCation, recently rebranded at IO Education, is widely known for its impact on student achievement in schools and districts across the U.S. With tight integration to existing school systems, and market leading classroom and school management products, IO Education helps deliver the right data to the right people at the right time.
The company was formed in September 2015 by the merger of CaseNEX and Longleaf Solutions and supported by an investment from LLR Partners. Combining the companies product portfolios created an integrated K-12 data platform that enables teachers, school district administrators and parents to effectively monitor and improve student achievement, educator effectiveness and operational efficiency.
Michael Williamson, CEO of IO Education and founder of Longleaf Solutions, accepted the award along with Christian Bullitt, Principal at LLR Partners.
“As the education industry moves quickly toward a focus on personalized learning and outcomes, an extraordinary need has surfaced for sophisticated data management solutions,” said Williamson. “Bringing CaseNEX and Longleaf together through LLR’s investment combines the best industry talent, technology and capital to meet both customer and regulatory demand. We’re honored to receive this award in recognition for the impact Io Education can have on student achievement and academic performance.”
“This transaction also warrants recognition as the collective group strives to grow a market leading technology business in Atlanta that will attract talent and further bolster Atlanta as a leading U.S. technology hub,” said Bullitt. “We are thrilled to receive this award from ACG Atlanta and plan to look for additional investment opportunities in the region.”
ABOUT IO EDUCATION
As a leader in the education technology industry for over 15 years, IO Education is on a mission to use data to improve education outcomes. IO Education is focused on developing innovative solutions that create both insight and action that will improve parent engagement, increase student achievement, empower teachers and create operational efficiency in K-12 schools. The market leading solutions from IO Education are used in all 50 states by over 5,000 schools and 1,700,000 students. The Company is headquartered in Atlanta, GA. For more information about IO Education, visit www.ioeducation.com.