Veronis Suhler Stevenson to acquire Cambium Learning.Private equity firm Veronis Suhler Stevenson (VSS See Vcc. ; New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ) has signed a definitive agreement to acquire Cambium cambium (kăm`bēəm), thin layer of generative tissue lying between the bark and the wood of a stem, most active in woody plants. The cambium produces new layers of phloem on the outside and of xylem (wood) on the inside, thus increasing Learning, Inc. (Natick, MA), an education company that provides research-based instructional materials, services and technology for literacy and mathematics for the intervention segment, Pre-K-12 "at-risk" and special student populations, from investment firm J.H. Whitney & Co. (New Canaan New Canaan (kā`nən), town (1990 pop. 17,864), Fairfield co., SW Conn.; settled c.1700, inc. 1801. It is mainly a residential town and suburb of nearby New York City. Silvermine Guild Arts Center is located there. , CT). No terms of the deal were given. Established in 2003, Cambium is the largest U.S. education company focusing on the serving the needs of at-risk and special student populations. Customers include school districts, principals, Title I and curriculum directors, education associations and educators. The company had 2006 revenue over $100 million. VSS partner Scott Troeller said the intervention segment is "one of the most attractive sectors of the education market and we are thrilled thrill v. thrilled, thrill·ing, thrills v.tr. 1. To cause to feel a sudden intense sensation; excite greatly. 2. To give great pleasure to; delight. See Synonyms at enrapture. to be partnering with such an accomplished management team ... what they've accomplished with Cambium in only four years is truly impressive." |
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