Dealflow | November 15, 2022

Achieve Partners acquires MasteryPrep to improve college readiness for underserved students

Roodgally Senatus
ImpactAlpha Editor

Roodgally Senatus

ImpactAlpha, November 15 — New York-based Achieve Partners is acquiring Baton Rouge, La.-based edtech company MasteryPrep.

MasteryPrep has worked with more than 500 U.S. school districts on college readiness for over 400,000 low-income and underserved high school students. The company provides low-cost, research-based tools for teachers to help students prepare for standardized tests, including SATs and ACTs.

“At a time when end-of-course exams are becoming table stakes for high school graduation and accountability, too many students — especially those in under-resourced communities — are still struggling with the severe learning loss caused by the pandemic,” said MasteryPrep’s Craig Gehring.

“MasteryPrep does a great job of getting these students back on track,” Achieve Partners’ Troy Williams told ImpactAlpha.

Education equity

For high school seniors, preparing for standardized tests such as SATs and ACTs can be stressful. Scores determine academic scholarships, college acceptances and other higher-education opportunities. A study last year found that students with family income of $100,000 or more, as well as white students, are more likely to score higher on the SATs than students with family income under $50,000, and Black and Latino students.