Draft:Savvas Learning Company

Savvas Learning Company LLC
FormerlyPearson K12 Learning
Company typePrivate
Industry
  • Consulting
  • E-Learning
  • Training
Founded2019; 5 years ago (2019) (as Pearson K12 Learning)
HeadquartersParamus, New Jersey, US
Key people
Bethlam Forsa (CEO)
ProductsDigital Curriculum
Number of employees
1001-5000
Websitewww.savvas.com

Savvas Learning Company LLC is a learning solutions company based in Paramus, New Jersey. Originally known as Pearson K12 Learning until rebranding in May 2020.[1][2] Savvas has provided online digital curriculums for students. Savvas current CEO is Bethlam Forsa, she has worked at the company since February 2019.[3][4]

History edit

Origins (1896-1990) edit

Savvas Learning Company's origins can trace back to 1896 when Albert and Scott renamed to Scott, Foresman and Company. Prentice Hall was founded in 1913 and later opened the first Educational Book Division.[1]

Pearson Education Era (1998-2018) edit

Pearson Education was formed in 1998 and was used to merge all of Pearson's educational imprints. The enVision series was released in 2007 and has been claimed to be used more than any other math program. In 2013 Pearson Realize was created and combined K12 Learning assessments into one location. myPerspectives was launched in 2017 and was designed for use in Language arts classrooms. The following year, Project Imagine was a critically acclaimed digital Social Studies program.[5]

Buyout by Nexus Capital and Rebranding to Savvas (2019-present) edit

In 2018, Pearson K12 Learning's parent company announced that it would sell its K12 business.[6] By 2019, the sale was near-complete with Nexus Capital buying Pearson K12 for $250 million.[7] In March of that year, Pearson K12 Learning became a standalone company[5]. In May 2020, Pearson K12 Learning rebranded as Savvas Learning Company.[5] Savvas launched Savvas literacy & math in 2021 for a new screener and diagnostic assessments. In 2022, Savvas acquired Rubicon. The following year, Savvas acquired Whooo's Reading.

References edit

  1. ^ a b "Learn More About Savvas Learning Company". www.savvas.com. Retrieved 2023-04-30.
  2. ^ "Pearson K12 Spinoff Rebranded as 'Savvas Learning Company'". Market Brief. 2020-05-06. Retrieved 2023-05-01.
  3. ^ "Bethlam Forsa Bio - Savvas (formerly Pearson K12 Learning)". www.savvas.com. Retrieved 2023-04-30.
  4. ^ "Bethlam Forsa | Chief Executive Officer - Savvas Learning Company". Forbes Councils. Retrieved 2023-05-01.
  5. ^ a b c "Learn More About Savvas Learning Company". www.savvas.com. Retrieved 2023-04-30.
  6. ^ Editor, Michele Molnar Associate (2018-02-26). "Pearson Set to Sell K-12 Curriculum Business, But Not Assessment". Market Brief. Retrieved 2023-04-30. {{cite web}}: |last= has generic name (help)
  7. ^ "Finally: Pearson Sells Its US K-12 Courseware Business—for $250 Million* - EdSurge News". EdSurge. 2019-02-18. Retrieved 2023-04-30.