Vector Solutions announces the acquisition of Higher from EVERFI

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TAMPA, FL & WASHINGTON, DC, July 20, 2021 (GLOBE NEWSWIRE) – Vector Solutions, the leading provider of industry-focused software solutions for training, risk management, safety and prevention, announced today hui the acquisition of higher education from EVERFI company for 100 million dollars. This segment of EVERFI’s business includes its popular online training catalog for colleges and universities and the Campus Prevention Network (CPN). The addition of EVERFI’s higher education business to the Vector Solutions family brings together two long-time leaders in higher education training, prevention and compliance, with years of commitment and dedication. passion for student success and campus safety.

Founded in 2008, EVERFI is an education technology company that promotes social change through education to address the most difficult issues facing society. The company’s higher education solutions fuel compliance and prevention strategies for more than 1,000 of the country’s most recognized and prestigious names in post-secondary education. EVERFI’s CPN Training Catalog includes over 50 titles for college and university students, faculty, and staff on substance abuse prevention, sexual assault prevention, diversity, equity and inclusion, as well as mental health and well-being. EVERFI’s higher education programs have been accessed by more than 20 million learners in efforts to create healthy and safe communities for all. Its flagship course within the higher education community is its remarkable AlcoholEdu for College, which has reached over 10 million students nationwide to date, the most widely viewed online course in the country. . The company’s higher education solutions offer real-time data and powerful analytics, peer-to-peer, national and personalized referrals, and comprehensive strategic assessments. Its research-backed education framework, thought leadership, and in-depth expertise not only ensure compliance, but also generate positive outcomes for students and institutions.

“Vector Solutions and EVERFI have a long history of serving the higher education market and share a commitment to delivering high quality training programs that help make higher education institutions safer, smarter and of better quality. Said Marc Scheipe, CEO of Vector Solutions. “The addition of EVERFI’s higher education business to the Vector family reinforces this commitment to students, faculty, and institutional staff by expanding the products and capabilities available to them so they can prevent incidents, make campuses more inclusive and protect lives. “

“We are delighted that our Campus Prevention Network and our higher education business is joining the Vector Solutions family,” said Tom Davidson, CEO and Founder of EVERFI. “The impact of the combined business means that we can ensure that even more campus communities are healthy and safe. Together, we are establishing the definitive market leader in higher education, delivering the best data-driven digital programs for students, faculty and staff nationwide. ”

EVERFI will continue to focus and grow its business operations on the basis of its founding 13-year mission of providing the missing learning layer globally. The company will leverage its data-driven Impact-as-a-ServiceTM software platform to deploy essential skills training to K-12 learners, consumers and employees. EVERFI customers represent some of the most recognized global brands aligned to reach learners with life’s most important skills including: financial capability, healthcare literacy, college and college readiness. career, and mental health, among many other life-enhancing skills. The company plans to reach over 7.5 million learners in the coming year.

With the addition of EVERFI’s higher education business, Vector will now serve 2,200 higher education clients and approximately 50% of all graduate colleges and universities. EVERFI’s higher education business will be integrated into Vector’s education-focused business unit, which serves both the higher education and K-12 markets through the suite of solutions. Campus Center, which offers a variety of e-learning, performance support and risk management solutions like Vector LiveSafe. Customers can expect to receive the same level of exceptional products, innovation and customer service that they are accustomed to.

About vector solutions

Vector Solutions is the leading provider of intelligent, award-winning SaaS solutions that help organizations and individuals perform at the highest level and prepare for more challenging work environments and environments. Providing industry-driven solutions that bridge information and technology, its unique product set includes training management, continuing education (CE), compliance training, workforce planning work, security management, etc. Its extensive online and mobile training library offers world-class content carefully curated to meet the unique needs of professionals in industry, engineering, education, and public safety. Reaching approximately 22 million users and over 21,000 customers worldwide, Vector’s mission is to serve everyday heroes by providing them with intelligent software solutions that empower them to make safer, smarter and better decisions. The company was founded in 1999 and is headquartered in Tampa, Florida. For more information, visit www.vectorsolutions.com. Follow us on Twitter @VectorPerform and on Facebook at www.facebook.com/VectorPerformance.

About EVERFI

EVERFI is an international technology company that makes a social impact through education to solve the most difficult issues affecting society, from financial well-being and mental health to driving to work and driving. other critical topics. Founded in 2008, EVERFI’s Impact-as-a-ServiceTM solution and digital educational content have reached over 41 million learners worldwide. In 2020, the company was recognized as one of the world’s most innovative companies by Fast Company and was included on Fortune magazine’s Impact 20 list. The company was also named to the 2021 GSV EdTech 150, a list of the most transformative growth companies in digital learning. Some of America’s top CEOs and venture capitalists are EVERFI investors, including Amazon Founder and CEO Jeff Bezos, Google Chairman Eric Schmidt, Twitter Founder Evan Williams, as well as Advance, Rethink Education, Rethink Impact, The Rise Fund and TPG Growth. To learn more about EVERFI and how you can # answer the call, please visit everfi.com or follow us on Facebook, Instagram, LinkedIn or Twitter @EVERFI.

Victoria Zambito

Vector solutions

813-864-2593

[email protected]

Sonya udler

EVERFI

301-467-0700

[email protected]



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