NEW YORK, May 29, 2013 – Berkery Noyes, a leading independent investment bank providing mergers & acquisitions advisory services to the information and education markets, announced today that the firm represented AMSCO School Publications in the sale of certain assets to Perfection Learning.
In its 78 year history, AMSCO has served major school districts with its quality supplemental instructional materials that not only provided customer value but also assisted students in passing their exams. Perfection Learning, a privately-held K-12 education company, was attracted to the well-respected AMSCO brand and its niche market positions in mathematics, vocabulary, history and languages, among other disciplines.
Laurence Beller, AMSCO's principal shareholder, President and founder's son, remarked that he is delighted that AMSCO is now under the auspices of Perfection Learning with its greater resources and national distribution. Like AMSCO, Perfection Learning has a long, rich history. Founded in 1926, the company is now led by its President and Chief Executive Officer Steven Keay, the third generation of family management.
About Perfection Learning
Perfection Learning is a leading publisher of teacher and student curriculum materials for grades K-12. Perfection Learning provides high-quality, innovative curriculum solutions to K-12 schools across the country and internationally. For over 85 years, Perfection Learning has been a leader in reading, literature and language arts programs with both textbook and supplemental programs. Through its Kinetic Books digital curriculum, Perfection Learning also provides cutting-edge math and science programs for high school and higher education.
About Berkery Noyes
Berkery Noyes provides strategic mergers and acquisitions advisory services to middle-market companies in the United States and internationally. Berkery Noyes has been involved in many notable transactions in the information and education sectors, including Thomson Reuter’s acquisition of Discovery Logic, Inc.; Iron Data’s acquisition of Versa Systems, Inc.; Internet Brands acquisition of Nolo, Inc.; Random House’s acquisition of Ten Speed Press; Gale’s acquisition of HighBeam; Wicks’ acquisition of The Gordian Group; Berlitz’ acquisition of Second Language Testing Inc.; Oxford University Press’ acquisition of Roxbury; Cambium Learning Group’s acquisition of Class.com; and Weld North’s acquisition of JBHM Education Group. For more information, visit www.berkerynoyes.com.