Carnegie Learning Expands ELA Portfolio through EMC School’s Acquisition of Mondo Publishing
Signifies company’s entry into K-5 and commitment to delivering print, digital, and blended literacy learning solutions across the K-12 spectrum.
Oaklins DeSilva+Phillips (“ODP”) is pleased to announce that its client, Mondo Publishing, a company celebrated for its K-5 literacy resources and professional learning services, has been acquired by Carnegie Learning’s EMC School (EMC) division, a leading provider of digital and blended literacy solutions. With the addition of Mondo, EMC is realizing its goal of providing a comprehensive K-12 English Language Arts collection.
“I was delighted to represent Mondo Publishing in its sale because of the breadth and depth of its ELA content, its strong brand, and the efficacy of the programs Mark Vineis and his team created – including strong success in schools with underserved populations,” said Robin Warner, Managing Director at Oaklins DeSilva+Phillips.
“Mondo’s values align perfectly with Carnegie Learning’s, as both companies share an unwavering faith in teaching and the potential of all students,” said Mick Demakos, division president at EMC. “In addition to continuing to offer the ELA collections Mondo’s customers have come to love, we’ll be expanding its digital offerings through EMC School’s Mirrors & Windows environment, eventually delivering a comprehensive K-12 ELA experience through our immersive Passport® platform. More immediately, we can serve teachers and students in the elementary grades with a fully integrated and articulated literacy program, with both English and Spanish collections.”
Founded in 1986 by educator-turned-entrepreneur and CEO Mark Vineis, Mondo was born from a simple idea: that all children can learn to a high standard given sufficient opportunity, and that well-supported teachers hold the key.
“We looked for a partner with a leading learning technology platform to pivot Mondo’s quality literacy resources to a significant digital footprint,” said Vineis. “With EMC School and Carnegie Learning, we found an innovative digital learning platform and a team that shared our passion for questioning assumptions around how an education company can foster educator success.”
Mondo’s leveled reading collections and rich content enhance learning for any K-5 reading curriculum and its intentionally curated collections of books resonate with young students. While other publishers have streamlined production, Mondo continues to provide culturally rich books of different weights, sizes and shapes that respect student individuality and personalize learning to better cultivate student engagement. In addition, Mondo offers customized, ongoing professional learning, not just to ensure optimal implementation of its resources, but also to help teachers hone their instructional practice in the classroom.
EMC will continue to feature the popular Who’s Doing the Work? Collections of Guided Reading Books Selected or Written by Jan Burkins & Kim Yaris. The collections serve a range of levels, matching engaging topics and instructional goals for each of the three lessons for every grade. Books follow criteria that includes complexity, accessibility, engagement, representation of people and relevance. Mondo’s products will continue to be available through Mondo’s website.
ABOUT OAKLINS DESILVA & PHILLIPS INVESTMENT BANK
Oaklins DeSilva+Phillips is an investment bank for clients that operate at the intersection of content, technology and services. This includes enterprises operating within the media, advertising & marketing, education, healthcare, information services and technology sectors. Over 21 years, clients have included Advance Publications/Condé Nast, Deutsche Börse Group, Elsevier, Hachette, JP Morgan Partners, Microsoft, The New York Times, Time Inc., TPG and Wasserstein & Co. The firm is the TMT practice Co-Head and industry specialist in Oaklins, the world’s most experienced mid-market M&A advisory organization with over 800 investment banking professionals in 44 countries. In the last five years, Oaklins has completed 5,000 transactions exceeding $75 billion in value.
Oaklins is the collective trade name of independent member firms affiliated with Oaklins International Inc. For details of the nature of the affiliation, please refer to www.oaklins.com/legal.
ABOUT CARNEGIE LEARNING
Carnegie Learning is a comprehensive, dynamic and progressive learning technology company. Advocating a belief in teaching and determination to help students develop as learners and thinkers, Carnegie Learning is seeking to re-define the role of technology across the K-16 landscape. Its mathematics and STEM division delivers research-proven mathematics curriculum and the MATHia® platform for grades 6-12, developmental math support for 2- and 4-year colleges, project-based digital solutions for STEM, and best-in-class K-12 professional learning services. Its EMC School division offers blended learning solutions for world languages, literature, language arts, and computer science, while its Paradigm Education Solutions and JIST Career Solutions divisions deliver print and digital resources for career development, including computer technology, health careers, accounting and business technology. For more information please visit: www.carnegielearning.com, www.emcp.com, www.paradigmeducation.com, and www.jist.com.
ABOUT MONDO PUBLISHING
Since 1986, Mondo (meaning “world” in Italian) has been developing high-quality literacy resources and ongoing professional learning services for K-5 classrooms. Combining flexible resources and support for teachers with authentic, diverse, and engaging books students love to read, Mondo helps teachers differentiate their instruction and encourages students to develop into literate learners who can comprehend, communicate, and contribute to their world. For more information, visit www.mondopub.com.
|Transaction Type||M&A Sell-side|
|Sold To||EMC School|