Faria
Education Group Limited, a leading K-12 education technology
company, through its wholly owned subsidiary ManageBac,
has acquired Dynamic
Internet Solutions (DIS), the provider of Curriculum Trak, a
curriculum mapping tool for K-12 faith-based schools. Click
to Tweet.
Faria’s acquisition of Curriculum Trak is a continuation of both
companies’ commitment and dedication to provide an integrated
curriculum-focused platform for educators and students at faith-based
schools. Combined, Faria and DIS will serve over 1,700 faith-based
schools with a learning management solution connecting faith-based
curricular concepts to everyday learning.
“Curriculum Trak’s roots run deep within faith-based education. We have
been humbled and honored by the trust that this community has placed in
us for over 16 years,” said Mike Vander Berg, Managing Director of
Curriculum Trak. “We are excited by this opportunity to combine our
efforts with the resources and vision of Faria as the best way to even
more effectively and quickly provide the additional tools and solutions
Curriculum Trak schools have been seeking.”
“We are excited to welcome Curriculum Trak schools to the Faria
community, and we look forward to working with the Curriculum Trak team
to deliver our next generation, curriculum-first learning platform to
faith-based schools,” said Kevin Piersialla, Chief Operating Officer of
Faria Education Group.
Faria will continue to support schools already on the Curriculum
Trak platform with no changes to the software service, its pricing,
customer support, or the Curriculum Trak team. During the 2019-2020
academic year, Faria plans to enhance the Curriculum Trak platform with
a host of strategic features.
“Curriculum is the foundation of every school and essential to teaching
and learning,” said Theodore King, CEO and co-founder of Faria Education
Group. “We are grateful for the opportunity to serve Curriculum Trak
schools and in the next academic year, we aim to elevate the Curriculum
Trak platform while growing the community of faith-based schools working
to connect mission to instruction.”
In the next academic year, Faria will deliver an enhanced version of
Curriculum Trak combining the powerful and easy-to-use curriculum
planning functions that Curriculum Trak is known for, with the unique
learning management (LMS) functions of ManageBac. This will include
assessment and reporting, service learning, and project-based learning
to offer schools a fully integrated, curriculum-first learning platform.
Schools will have the option to continue to use the current Curriculum
Trak platform or upgrade to the new version of Curriculum Trak with full
control over timing.
The acquisition was financed from Faria’s balance sheet and the combined
group maintains a strong net cash position with zero bank debt. Barnes
and Thornburg provided legal advice to Faria, and the Fieldman Law Group
provided legal advice to Dynamic Internet Solutions.
About Faria Education Group
Faria was founded in 2006 to transition schools from paper onto a
curriculum-focused learning platform. Today, Faria powers curriculum for
over 10,000 schools and districts and 3 million students with a suite of
three services: ManageBac, Faria’s flagship product for curriculum
planning, assessment, and reporting for IB World schools; OpenApply for
paperless admissions from inquiry to enrollment; and Atlas for
curriculum management, enabling schools to collaboratively plan, share,
and analyze their curriculum. Faria’s multi-disciplinary team of over
150 operates globally across eight offices. fariaedu.com
About Dynamic Internet Solutions
DIS provides the leading curriculum management platform for K-12
faith-based schools with its Curriculum Trak system. Curriculum Trak’s
unique Faith Learning Integration allows teachers to easily align key
conceptual spiritual understandings with curriculum, lesson plans, and
learning outcomes. Through Curriculum Trak, schools can join a larger
network of faith-based schools to collaborate around faith-based
teaching content and resources. Founded in 2003, Curriculum Trak
services are used by more than 850 schools and districts. curriculumtrak.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20190531005545/en/