CARNEGIE CARNIVORE: Carnegie Learning wasted no time. Just a week after its merger with New Mountain Learning, Carnegie has acquired Mondo Publishing, a provider of print and digital workbooks focused on K-5 literacy.
Terms of the deal were not disclosed. The acquisition was made through Carnegie Learning’s EMC School division, which offers language arts and computer literacy tools. Mondo Learning, founded in 1986, will focus on making its mostly-print materials available through EMC and Carngie’s digital learning platforms.
Last week, private equity firm CIP Capital acquired Carnegie Learning and merged it with EMC School and two others brands, Paradigm Education Solutions and JIST, that CIP also owns. The combined umbrella company has taken the name Carnegie Learning.
“With ongoing investment from CIP Capital,” according to the press release, Carnegie Learning will “aggressively pursu[e] targeted investments in products, services, technology, acquisitions, and research to better empower teachers and students.”
