XanEdu adds NextLesson to its Educational Technology Portfolio

Ann Arbor, MI – December 16, 2021

XanEdu, an educational products and services company backed by Frontenac, a Chicago-based private equity firm, today announced the acquisition of NextLesson, a provider of Common Core-aligned projects, lessons and worksheets. The acquisition continues XanEdu’s mission to provide high-quality and affordable courseware for the K-12 and higher education markets.

NextLesson has engaged over two million students and 60,000 teachers in school districts across the U.S. through standards–aligned K–12 projects and lessons that engage students in relevant, rigorous and real-world problem solving. NextLesson's courseware technology saves teachers time through LMS integration, targeted grading automation, question tagging, and online answer submission with standards-aligned rubrics, while delivering an engaging experience for students.

NextLesson’s technology complements XanEdu's strengths in creating and delivering customized content at any scale. Xanedu’s experts partner with clients on each unique project to build and deliver engaging content that addresses curriculum gaps and district initiatives. For smaller scale customization, a unique platform will launch in 2022 that puts customization at educators' fingertips through a searchable, standards-aligned library of content that enables easy to build supplements to core curriculum.

"I'm thrilled to bring the capabilities and content of NextLesson into XanEdu's K-12 suite of products and services," commented Dave Schroeter, VP of K-12 Sales. "NextLesson’s mission to make learning relevant and engaging is a great fit with XanEdu's strengths in customized educational materials. The simple, easy to use courseware and teacher-developed content is a powerful extension of our ability to build customized content and make it accessible to all students via print, digital and now, simple, easy to use courseware that integrates with existing district technology."

"NextLesson is an excellent addition to XanEdu’s existing offerings and furthers our goal of providing high quality content and courseware to teachers and students,” said Ty Field, Chairman of XanEdu. “We are proud of what XanEdu and NextLesson bring to the education market and excited to continue this work as a combined force.”

About XanEdu

Since 1999, XanEdu has helped colleges, universities, school districts, and business organizations develop and deliver engaging learning experiences that fit learners’ needs. The Company’s strength lies in its ability to tailor content to the unique needs of individual educators, academic departments, or entire institutions. XanEdu allows educators to differentiate their course materials or curriculum by curating and integrating custom content including course packs, textbooks, and curricula. For more information, please visit www.xanedu.com.

About Frontenac

Frontenac is a Chicago-based private equity firm. The firm focuses on investing in lower middle market buyout transactions in the consumer, industrial, and services industries. Frontenac works in partnership with established operating leaders, through an executive-centric approach called CEO1ST, which seeks to identify, acquire, and build market-leading companies through transformational acquisitions and operational excellence. Over the last 50 years, Frontenac has built a leading franchise working with over 275 owners of mid-sized businesses as they address complex transition issues of liquidity, management enhancement, and growth planning. For more information, please visit www.frontenac.com.

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We invest in high quality companies, primarily in the food, industrial and services industries. We work with business owners, almost always families, founders or entrepreneurs, as they address complex transition issues of liquidity, management enhancement and growth planning.

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