US-based education company EAB has entered into a definitive agreement to acquire Hobsons' student success platform, Starfish, the company said.
The addition will enhance how EAB supports students inside and outside the classroom, as well as enrich the company's network of college and university partners.
The EAB and Starfish teams have a collective 25+ years of experience building technologies to support schools and promote holistic student success.
The agreement will enable EAB to bring to all of its partners the latest research and technologies that have been proven to help students thrive, persist, and graduate, including EAB's library of student success best practices and extensive research on equity.
With the addition and continuation of Starfish, hundreds of community and technical colleges and four-year schools will join EAB's Student Success Collaborative, a network of institutions working with one another and EAB to improve student experiences and ensure equitable outcomes.
Until the transaction closes, Starfish will continue to operate independently from EAB and maintain business as usual, continuing to execute and implement their product roadmap and support their valued customers.
The transaction is expected to close subject to customary closing conditions.
EAB partners with education leaders, practitioners, and staffs to accelerate progress and drive results across three key areas: enrollment management, student success, and institutional operations and strategy.
Hobsons helps millions of students identify their strengths, explore careers, create academic plans, match to best-fit educational opportunities, and reach their education and life goals.
Conviva Acquires Network of 12 Health Centers, 49 Affiliate Practices in Florida, USA
Neenah to Acquire Paper and Cardboard Products Maker ITASA
FCPT Acquires Georgia Chili´s Restaurant Property for USD 3.2m
Accenture Acquires GRA to Expand Supply Chain Capabilities in Australia
Kindred Healthcare and Mercy Acquire Everest Rehabilitation Hospital of Oklahoma City
Convergint Technologies Acquires Advantage Medical to Strengthen Position in Healthcare Security
QOMPLX to Merge with SPAC in Deal Valuing QOMPLX at USD 1.4bn
Toro Acquires Left Hand Robotics to Advance Next Generation Technologies
Camping World Holdings to Acquire EZ Living RV to Expand Market Share in Illinois
Agilent to Acquire Resolution Bioscience for USD 550m in Cash at Closing
Adapture Renewables Acquires Rippey Solar Project from Q Cells