Digital Learning Opportunities for the Adult Literacy Market
Princeton, NJ – March 22, 2018 – Tucker Capital served as exclusive advisors to ProLiteracy, the nation’s leading promoter of adult literacy content, programs, and advocacy, in developing a partnership with BenchPrep, a comprehensive learner success platform, to provide a full suite of digital assets to the millions of adults seeking to increase their basic literacy skills, obtain their high school equivalency diplomas, or acquire workforce training.
For more than 60 years, ProLiteracy has been providing adult learners with the foundation of learning that will prepare them for academic and professional success. As the consumption of digital learning assets becomes more commonplace in the adult education market, the partnership with BenchPrep is a commitment to meeting adult learners where they are.
“ProLiteracy, through its publishing division New Readers Press, has a rich history of developing innovative content that positively impacts adults seeking to improve their lives,” said Kevin Morgan, president and CEO of ProLiteracy. “For the last several years, Tucker Capital has been instrumental in helping us reimagine what our role can and should be in a new age of education technology. This partnership is a direct example of that work.”
“ProLiteracy’s expertise in creating learning content combined with BenchPrep’s interactive and adaptive digital learning platform, makes the promise of impacting millions of adult learners a realistic and achievable goal for both organizations,” said Morgan Battle of Tucker Capital.
ProLiteracy and BenchPrep will be designing several programs that facilitate learning for adult basic education, Pre-high school equivalency, GED® test preparation, HiSET® preparation, among others.
ProLiteracy is the largest adult literacy and basic education nonprofit organization in the nation. ProLiteracy works with adult new readers and learners and with local and national organizations to help adults gain the reading, writing, math, computer, and English skills they need to be successful. ProLiteracy advocates on behalf of adult learners and the programs that serve them, provides training and professional development, and publishes materials used in adult literacy and basic education instruction. ProLiteracy has 1,000 member programs in all 50 states and the District of Columbia and works with 50 nongovernmental organizations in 34 developing countries. For more information, visit ProLiteracy.org.
Based in Chicago, BenchPrep is the only comprehensive learner success platform on the market and is recognized as an expert in learner success globally. The company’s innovative enterprise SaaS solutions are disrupting the exam prep and continuing education market by providing an unmatched learning experience. Many of the largest assessment companies in the world are customers of BenchPrep, including ACT, HR Certification Institute, Hobsons, McGraw Hill Education, CFA Institute, OnCourse Learning, GMAC, Infusion Nursing Society, Academy of Nutritionists & Dietetics, and Houghton Mifflin Harcourt. More than 3 million learners have used BenchPrep’s platform to attain academic and professional success. To discover more about BenchPrep, please visit www.benchprep.com.
About Tucker Capital
Founded in 1982, Tucker Capital is a strategic advisory and investment banking firm located in Princeton, New Jersey, specializing in the education and consumer sectors, where it helps management teams create partnerships, plan growth strategies, and incubate new initiatives.