Big Universe has been sold to K12 Inc.
New York (October 27, 2017) — Oaklins DeSilva+Phillips represented Big Universe, a literacy solutions provider of more than 11,000 leveled eBooks for students in grades K–12, in its sale to K12 Inc. Big Universe is now available in the U.S. exclusively through Fuel Education, FuelEd, a subsidiary of K12 Inc.
According to a study conducted by independent research firm SEG Measurement, fourth grade students who used Big Universe over a six-month period showed greater improvement in reading skills than comparable students who did not use the platform.
“Big Universe shares Fuel Education®’s vision of helping schools and districts leverage digital learning to transform education,” said Anil Hemrajani, founder of Big Universe. “We look forward to offering districts across the country a powerful way to engage students and improve their reading skills.”
“What a perfect match! Anil is a highly skilled technology professional who is enthusiastically looking forward to his Big Universe literacy platform and its team contributing to the accelerated growth of K12,” said Robin Warner, Managing Director at Oaklins DeSilva+Phillips Investment Bank.
“This is a perfect example of two innovative platforms coming together to drive student success in the 21st Century,” said David Joseph, Senior Advisor at Oaklins DeSilva+Phillips. “With Big Universe integrated into FuelEd®‘s global platform, teachers will now have unmatched support to engage and motivate their students to read in today’s world. It was an honor to work with Anil and K12. We’re extremely proud to be a part of this event,” continued Joseph.
To learn more about Big Universe, visit www.biguniverse.com.
Fuel Education® partners with school districts to fuel personalized learning and transform the education experience inside and outside the classroom. The company provides innovative solutions for pre-K through 12th grade that empower districts to implement successful online and blended learning programs. Its open, easy-to-use Personalized Learning Platform, PEAK™, enables teachers to customize courses using their own content, FuelEd® courses and titles, third-party content, and open educational resources. Fuel Education® serves more than 2,000 school districts, offering one of the industry’s largest catalogs of K–12 digital curriculum, certified instruction, professional development, and educational services. To learn more, visit fueleducation.com and Twitter.
Founded in 2007, Big Universe provides schools with a comprehensive literacy solution featuring a readymade library of thousands of leveled eBooks from well-known publishers. The platform supports balanced literacy programs with integrated tools such as a writing tool, embedded assessments, a student recommendation engine, analytics to demonstrate reading growth, and engaging reading practice opportunities. Today Big Universe is used in more than 900 schools where it is available to more than 700,000 students and 50,000 teachers to augment classroom activities. To learn more, visit www.biguniverse.com.
|Transaction Type||M&A Sell-side|
|Sold to||K12 Inc.|
|Industry||Education / Technology, Data & Information|