About This Fund
Achieve Partners EdTech Buyout Fund is a dedicated education technology buyout fund that closed at USD 167 million in late 2023. The fund is managed by Achieve Partners, a specialist private equity firm focused exclusively on software and technology-enabled services companies serving the education market — from K-12 through higher education and workforce development. Achieve Partners was established with the conviction that the US education sector's shift toward digital learning, data-driven instruction, and platform-based administration creates a distinctive buyout opportunity set that generalist PE firms routinely underestimate.
The fund pursues control and majority buyout transactions in profitable or near-profitable edtech companies whose products accelerate learning outcomes for students and reduce administrative burden for educators and institutions. Target businesses include learning management platforms, instructional content delivery tools, assessment and credentialing software, student information systems, and workforce development solutions. The fund's investment thesis is anchored in the structural tailwinds of the US K-12 ESSER funding cycle, persistent digital transformation mandates across higher education, and growing corporate demand for upskilling and reskilling platforms. Check sizes and target enterprise values are consistent with the lower middle market, giving the fund a differentiated sourcing channel in a segment where sector expertise confers meaningful informational advantages.
Limited partners in the fund include Federated Hermes, one of the largest responsible investment managers in the United States, reflecting the educational mission alignment that Achieve Partners emphasizes in its capital formation narrative. The fund's initial portfolio companies at announcement included Boclips, a curated educational video content platform; MasteryPrep, a test preparation and college-readiness coaching business; and Elentra, a healthcare education software company. Achieve Partners works as an operationally engaged sponsor, providing portfolio companies with go-to-market support, product strategy, and partnerships across the K-12 and higher education procurement channels.