Jump to content

Draft:Savvas Learning Company

From Wikipedia, the free encyclopedia
  • Comment: In accordance with the Wikimedia Foundation's Terms of Use, I disclose that I have been paid by my employer for my contributions to this article. Nishwinsthomas (talk) 07:16, 3 October 2025 (UTC)
Savvas Learning Company
Company typePrivate
IndustryEducation
Founded2020; 5 years ago
HeadquartersParamus, New Jersey, U.S
Key people
Bethlam Forsa (president and CEO)
ProductsTextbooks and digital curriculum
OwnerNexus Capital Management
Number of employees
1600+
Websitehttps://www.savvas.com/

Savvas Learning Company is a U.S. based publisher of preK-12 educational textbooks, digital curriculum, assessments, and services.[1] The company is headquartered in Paramus, New Jersey.[2] The business was previously a subsidiary of Pearson Education, which in February 2019 sold its U.S. based K-12 curriculum division to Nexus Capital Management.[3][4] After becoming a newly independent company, it rebranded as Savvas Learning Company in May 2020.[1]

History

[edit]

Savvas Learning Company's roots trace back more than 125 years through educational publishers Scott Foresman and Prentice Hall, which eventually became part of Pearson Education.[5]

Scott Foresman, founded in Chicago in 1896, focused on elementary education and published the Dick and Jane reading primers.[6][7] It was acquired by Time Inc. in 1986, then by HarperCollins in 1989, and finally by Pearson PLC in 1996.[6][8]

Prentice Hall, established in 1913, published trade, technical, and educational books.[9][10] After several acquisitions, it came under Pearson in 1998.[11][12]

In 2019, Pearson sold its U.S. K-12 courseware business to Nexus Capital Management.[3][4] The business provided K-12 educators with curriculum in core academic subjects, as well as supplemental and intervention programs.[1] The newly independent company was initially called Pearson K12 Learning until May 2020, when it officially rebranded as Savvas Learning Company.[1][13] Since then, Savvas Learning Company has expanded its portfolio of digital learning solutions, online assessments, college and career readiness courses, and AI-related products.[14]

By 2023, the company had more than doubled its revenue to $1 billion.[2]

Leadership

[edit]

Savvas Learning Company is led by Chief Executive Officer (CEO) and President Bethlam Forsa.[15] Prior to being named CEO of the business upon its sale in 2019, Forsa served as the president of Pearson’s U.S. Learning Services business.[15]

Acquisitions

[edit]

In 2023, Savvas acquired Whooo's Reading and its AI-driven technology that assessed students’ writing and reading comprehension skills with its machine-learning algorithm.[16]

In 2024, Savvas acquired edtech startup Outlier.org, an online provider of dual enrollment and online college courses,[17] and Pointful Education, an online career and technical education (CTE) company.[18][19]

References

[edit]
  1. ^ a b c d Molnar, Michele (2020-05-06). "Pearson K12 Spinoff Rebranded as 'Savvas Learning Company'". Marketbrief. Retrieved 2025-10-08.
  2. ^ a b "Savvas Learning stepping up M&A as sales reach USD 1bn, CEO says". ION Analytics. 2023-02-07. Retrieved 2025-10-08.
  3. ^ a b Cavanagh, Sean (2019-02-19). "Pearson Sells Its K-12 Instructional Materials Business to Investment Firm". Marketbrief. Retrieved 2025-10-08.
  4. ^ a b "Finally: Pearson Sells Its US K-12 Courseware Business—for $250 Million* - EdSurge News". EdSurge. 2019-02-18. Retrieved 2025-10-08.
  5. ^ "Learn About Savvas Learning Company". www.savvas.com. Retrieved 2025-10-08.
  6. ^ a b Rodkin, Dennis; Simons, Sasha-Ann (2025-01-13). "What's That Building? Former Scott Foresman headquarters". WBEZ. Retrieved 2025-10-03.
  7. ^ "SCOTT, FORESMAN PLANS ACQUISITION; Textbook Publisher Would Add William Morrow (Published 1966)". 1966-10-18. Archived from the original on 2025-09-02. Retrieved 2025-10-03.
  8. ^ "SIMON & SCHUSTER IN SALE TO BRITISH (Published 1998)". 1998-05-18. Archived from the original on 2024-12-20. Retrieved 2025-10-03.
  9. ^ "About Prentice Hall School". www.phschool.com. Archived from the original on 2007-05-03. Retrieved 2025-10-08.
  10. ^ "CRADLE TO GRAVE WITH PRENTICE-HALL; ENGLEWOOD CLIFFS, N.J. (Published 1982)". 1982-04-04. Archived from the original on 2025-04-19. Retrieved 2025-10-03.
  11. ^ Walsh, Mark (2001-02-21). "Pearson Hopes To 'Widen the Definition Of Education'". Education Week. ISSN 0277-4232. Retrieved 2025-10-03.
  12. ^ Selingo, Jeffrey J. (1998-05-19). "British Publisher Announces Plan to Buy Simon & Schuster's Textbook Division". The Chronicle of Higher Education. Retrieved 2025-10-03.
  13. ^ "Former Pearson K-12 Courseware Business Rebrands as Savvas Learning - EdSurge News". EdSurge. 2019-10-29. Retrieved 2025-10-03.
  14. ^ "Savvas Learning Company Announces New Edition myView Literacy". www.savvas.com. Retrieved 2025-10-03.
  15. ^ a b "Bethlam Forsa | Power of Women 2023". www.asugsvsummit.com. Retrieved 2025-10-08.
  16. ^ Staff, eSchool News (2023-03-07). "Savvas Learning Company Acquires Whooo's Reading". eSchool News. Retrieved 2025-10-03.
  17. ^ Caffrey, Michelle (2024-02-08). "K-12 Dealmaking: Savvas Learning Acquires Outlier.org; Bain Double Impact Invests in Branching Minds". Marketbrief. Retrieved 2025-10-03.
  18. ^ Caffrey, Michelle (2024-09-19). "K-12 Dealmaking: Brisk Teaching Raises $5M Seed Round; Savvas Buys Pointful Education". Marketbrief. Retrieved 2025-10-03.
  19. ^ Pathak, Shalini (2024-09-17). "Savvas Learning Acquires Pointful Education to Expand Its Offerings – EdTechReview". Retrieved 2025-10-03.

Category:Education Category:E-learning Category:Higher education Category:Primary education Category:Secondary education Category:Vocational education

Retrieved from "https://en.wikipedia.org/w/index.php?title=Draft:Savvas_Learning_Company&oldid=1315814155"