Private equity firm Weld North said today that it had acquired Imagine Learning, based in Provo, UT. Terms of the deal were not announced. Weld North is led by former Kaplan CEO, Jonathan Grayer. Weld North has also snapped up Edgenuity and Truenorthlogic. Here's the press release. In the release, Grayer said: "...Imagine Learning’s unique game-based solution engages children, makes it fun to learn and supports teachers in their pursuit of teaching English language and literacy skills to their students... [Combined with Truenorthlogic] These companies, together with the existing Weld North education portfolio, will positively change the way kids learn in the classroom.”
