Texas Test-Prep Publisher Acquired by Asteria Education

Mergers and Acquisitions

Texas Test-Prep Publisher Acquired by Asteria Education

Jan 30, 2018

ECS LEARNING SYSTEMS, a family-owned, Texas-based provider of test-prep materials, has been acquired by Asteria Education. The deal was financed with $4 million loan by Business Capital. Few details are known about Asteria, which is currently led by David Cumberbatch, a former executive at education companies including ACT and K12 Inc. The company plans to share more at SXSWedu, a major education technology conference, this March. See the press release for more details.

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