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95 Percent Group acquires Sortegories to enhance its digital literacy ecosystem

Apr 23, 2024•over 1 year ago

Acquiring Company

95 Percent Group

Acquired Company

Sortegories

LincolnshireSterling Heightsprimary/secondary educationE LearningEducationLanguage LearningE LearningEducation

Description

95 Percent Group, a trusted provider of literacy solutions, has completed the acquisition of Sortegories, a digital, student-facing practice tool. The integration of Sortegories into One95 Literacy Platform™ will expand 95 Percent Group's digital solutions and empower teachers with additional resources to help students build literacy skills across all tiers of instruction.

Company Information

Company

95 Percent Group

Location

475 Half Day Rd

Lincolnshire, Illinois, United States

About

95 Percent Group is an education company whose mission is to build on science to empower teachers – supplying the knowledge, resources and support they need – to develop strong readers. Using an approach that is based in structured literacy, the company's One95™ Literacy Ecosystem™ integrates professional learning and evidence-based literacy products into one cohesive system that supports consistent instructional routines across tiers and is proven and trusted to help students close skill gaps and read fluently. 95 Percent Group is also committed to advancing research, best practices, and thought leadership on the science of reading more broadly.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed