EverFi Expands Higher Education and Enterprise Focus with Acquisition of Compliance Education Leader LawRoom
Combination Creates One of Education’s Largest Players with Over 3,000 Major Customers and 6 Million Annual Learners
Washington, D.C. (Jul 21, 2016) – EverFi, the leading education technology company focused on critical skills and prevention education for K-12, higher education and adult learners, today announced the acquisition of compliance education leader LawRoom. With the addition of LawRoom, EverFi grows its customer base to 3,300 partners, including 2,000 corporations, foundations, and nonprofits and over 1,300 higher education institutions.
The acquisition includes LawRoom subsidiary CampusClarity, which together with EverFi forms the industry’s largest campus prevention education provider. The combination of EverFi’s proven efficacy in alcohol abuse and sexual violence prevention along with CampusClarity’s flexible platform and compliance expertise will help campuses more effectively deliver and scale prevention education for students, faculty, and staff.
Together, EverFi and CampusClarity will also form the Campus Prevention Network, a nationwide coalition of over 1,300 higher education institutions that are committed to student wellness and safety. Through the Campus Prevention Network, colleges and universities will have access to award-winning online prevention training, regulatory compliance expertise, dynamic tracking and reporting, and groundbreaking prevention research based on the largest global dataset of attitudes and behaviors related to sexual assault and substance abuse.
“Whether for a student on a college campus or an employee in a corporation, innovative and proven digital education can help shape how we engage learners to prevent sexual violence and harassment,” said EverFi CEO Tom Davidson. “We now have an opportunity to welcome every campus and employer into our magnified network and truly tackle these issues at scale.”
The EverFi Campus Prevention Network will reach over five million higher education students and staff across the U.S. annually, including public and private colleges and universities, community colleges, and state university systems. EverFi partners now include Boston College, Carnegie Mellon, Clemson University, Georgetown University, Harvard, MIT, the Montana University System, Princeton University, Oklahoma State University, Oregon State University, University of Michigan, Stanford University, Technical College System of Georgia, Tennessee Board of Regents System, University of North Carolina – Chapel Hill, the University of Texas System, University of Virginia, Villanova University, and Virginia Polytechnic Institute.
Among LawRoom’s corporate compliance education customers are Acxiom, Barracuda Networks, Cathay Pacific, Kimpton Hotels, Informatica, the Los Angeles Lakers, the Miami Heat, Patagonia, Samsung, SurveyMonkey, UFC Gym, and TIBCO. The combined company will not only ensure proven compliance training for enterprises, but also provide the additional cutting-edge skills that the next-generation employee needs to be successful across the globe.
Vista Point Advisors, a San Francisco based boutique investment bank, acted as the exclusive financial advisor to LawRoom.
# # #
About EverFi, Inc.
EverFi, Inc. is the education technology leader that empowers K-12, higher education, and adult learners with the skills needed to be successful in life and work. With investments from some of technology’s most innovative leaders including Amazon founder and CEO Jeff Bezos, Google Chairman Eric Schmidt, Twitter founder Evan Williams, and venture investors New Enterprise Associates and Rethink Education, EverFi has built the most comprehensive digital learning platform that serves K-12, higher education, and adult learners. EverFi partners with over 3,300 customers and 20,000 K-12 schools to bring its innovative learning platform to learners across the country. Learn more at everfi.com.