Deal Details

GoGuardian Adds Edulastic

Technology & Services

GoGuardian, a portfolio company of SEP, acquisition of Edulastic

Summary

GoGuardian (the “Company”), a portfolio company of Sumeru Equity Partners (“SEP”), has acquired Edulastic. Terms of the transaction have not been disclosed.

Baird served as financial advisor to GoGuardian on this transaction.

About

GoGuardian has changed the way K-12 schools maximize the learning potential of every student. GoGuardian helps thousands of K-12 schools and districts by providing solutions that enable more productive and safer digital learning. The Company’s solutions help educators identify learning patterns, protect students from harmful and distracting content, and support mental health. GoGuardian partners with over 10,000 schools to engage with and protect over 10 million students across the United States. GoGuardian is headquartered in El Segundo, California.

Sumeru Equity Partners is a technology-focused growth capital firm that invests in growing enterprise technology companies across software, technology-enabled services and hardware. SEP has a longstanding history of investing and partnering with founders and management teams to build growth leaders. The 27-person firm was founded in 2014 by an experienced team from Silver Lake. Sumeru Equity Partners is headquartered in San Mateo, California.

Edulastic is a next-generation online assessment platform that allows K-12 teachers to track students’ progress toward college and career readiness standards. Edulastic is headquartered in Fremont, California.

Technology & Services

GoGuardian, a portfolio company of SEP, acquisition of Edulastic