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Draft:Savvas Learning Company

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Savvas Learning Company
TypePrivate
IndustryEducation
Founded2020; 5 years ago
HeadquartersParamus, New Jersey, U.S
Key people
Bethlam Forsa (president and CEO)
ProductsTextbooks and digital curriculum
OwnerNexus Capital Management
Number of employees
1600+
Websitehttps://www.savvas.com/

Savvas Learning Company is a U.S. based publisher of preK-12 educational textbooks, digital curriculum, assessments, and services.1 The company is headquartered in Paramus, New Jersey.2 The business was previously a subsidiary of Pearson Education, which in February 2019 sold its U.S. based K-12 curriculum division to Nexus Capital Management.34 After becoming a newly independent company, it rebranded as Savvas Learning Company in May 2020.1

History

Savvas Learning Company's roots trace back more than 125 years through educational publishers Scott Foresman and Prentice Hall, which eventually became part of Pearson Education.5

Scott Foresman, founded in Chicago in 1896, focused on elementary education and published the Dick and Jane reading primers.67 It was acquired by Time Inc. in 1986, then by HarperCollins in 1989, and finally by Pearson PLC in 1996.68

Prentice Hall, established in 1913, published trade, technical, and educational books.910 After several acquisitions, it came under Pearson in 1998.1112

In 2019, Pearson sold its U.S. K-12 courseware business to Nexus Capital Management.34 The business provided K-12 educators with curriculum in core academic subjects, as well as supplemental and intervention programs.1 The newly independent company was initially called Pearson K12 Learning until May 2020, when it officially rebranded as Savvas Learning Company.113 Since then, Savvas Learning Company has expanded its portfolio of digital learning solutions, online assessments, college and career readiness courses, and AI-related products.14

By 2023, the company had more than doubled its revenue to $1 billion.2

Leadership

Savvas Learning Company is led by Chief Executive Officer (CEO) and President Bethlam Forsa.15 Prior to being named CEO of the business upon its sale in 2019, Forsa served as the president of Pearson’s U.S. Learning Services business.15

Acquisitions

In 2023, Savvas acquired Whooo's Reading and its AI-driven technology that assessed students’ writing and reading comprehension skills with its machine-learning algorithm.16

In 2024, Savvas acquired edtech startup Outlier.org, an online provider of dual enrollment and online college courses,17 and Pointful Education, an online career and technical education (CTE) company.1819

References

References

  1. Molnar, Michele (2020-05-06). "Pearson K12 Spinoff Rebranded as 'Savvas Learning Company'". Marketbrief. Retrieved 2025-10-08.
  2. "Savvas Learning stepping up M&A as sales reach USD 1bn, CEO says". ION Analytics. 2023-02-07. Retrieved 2025-10-08.
  3. Cavanagh, Sean (2019-02-19). "Pearson Sells Its K-12 Instructional Materials Business to Investment Firm". Marketbrief. Retrieved 2025-10-08.
  4. "Finally: Pearson Sells Its US K-12 Courseware Business—for $250 Million* - EdSurge News". EdSurge. 2019-02-18. Retrieved 2025-10-08.
  5. "Learn About Savvas Learning Company". www.savvas.com. Retrieved 2025-10-08.
  6. Rodkin, Dennis; Simons, Sasha-Ann (2025-01-13). "What's That Building? Former Scott Foresman headquarters". WBEZ. Retrieved 2025-10-03.
  7. "SCOTT, FORESMAN PLANS ACQUISITION; Textbook Publisher Would Add William Morrow (Published 1966)". 1966-10-18. Archived from the original on 2025-09-02. Retrieved 2025-10-03.
  8. "SIMON & SCHUSTER IN SALE TO BRITISH (Published 1998)". 1998-05-18. Archived from the original on 2024-12-20. Retrieved 2025-10-03.
  9. "About Prentice Hall School". www.phschool.com. Archived from the original on 2007-05-03. Retrieved 2025-10-08.
  10. "CRADLE TO GRAVE WITH PRENTICE-HALL; ENGLEWOOD CLIFFS, N.J. (Published 1982)". 1982-04-04. Archived from the original on 2025-04-19. Retrieved 2025-10-03.
  11. Walsh, Mark (2001-02-21). "Pearson Hopes To 'Widen the Definition Of Education'". Education Week. ISSN 0277-4232. Retrieved 2025-10-03.
  12. Selingo, Jeffrey J. (1998-05-19). "British Publisher Announces Plan to Buy Simon & Schuster's Textbook Division". The Chronicle of Higher Education. Retrieved 2025-10-03.
  13. "Former Pearson K-12 Courseware Business Rebrands as Savvas Learning - EdSurge News". EdSurge. 2019-10-29. Retrieved 2025-10-03.
  14. "Savvas Learning Company Announces New Edition myView Literacy". www.savvas.com. Retrieved 2025-10-03.
  15. "Bethlam Forsa | Power of Women 2023". www.asugsvsummit.com. Retrieved 2025-10-08.
  16. Staff, eSchool News (2023-03-07). "Savvas Learning Company Acquires Whooo's Reading". eSchool News. Retrieved 2025-10-03.
  17. Caffrey, Michelle (2024-02-08). "K-12 Dealmaking: Savvas Learning Acquires Outlier.org; Bain Double Impact Invests in Branching Minds". Marketbrief. Retrieved 2025-10-03.
  18. Caffrey, Michelle (2024-09-19). "K-12 Dealmaking: Brisk Teaching Raises $5M Seed Round; Savvas Buys Pointful Education". Marketbrief. Retrieved 2025-10-03.
  19. Pathak, Shalini (2024-09-17). "Savvas Learning Acquires Pointful Education to Expand Its Offerings – EdTechReview". Retrieved 2025-10-03.

Category:Education Category:E-learning Category:Higher education Category:Primary education Category:Secondary education Category:Vocational education