Scantron Expands Licensure and Certification Testing With Acquisition of Castle Worldwide
SCANTRON EXPANDS LICENSURE AND CERTIFICATION TESTING WITH ACQUISITION OF CASTLE WORLDWIDE
Augments market-leading testing services by diversifying assessments solution portfolio.
EAGAN, MN– June 20, 2018 – Scantron Corporation, a global provider of market-leading assessment and technology solutions, today announced it has completed its acquisition of Castle Worldwide, an accomplished full-service licensure and certification testing company based in Morrisville, North Carolina. This acquisition unites unparalleled customer service to provide clients exceptional testing capabilities, as well as leading assessment technologies with industry expertise, and global presence in delivering all facets of licensure and certification testing programs for certifying bodies worldwide.
By bringing together Scantron’s unmatched brand recognition, global reach, and best-in-class assessment and testing capabilities with Castle’s more than 30 years of experience and leadership in the science of psychometrics, licensure and certification test development, and internet-based test delivery, the companies’ combined offerings will provide an enhanced set of products and services while continuing to provide the expertise clients have come to rely on. This transaction further solidifies Scantron as a global leader in assessment solutions that compliments its leading position in providing managed technology solutions to businesses and organizations of all sizes in the U.S.
The joining of these companies will provide clients a trusted source for comprehensive licensure and certification program solutions with a focus on quality, reliability, and outstanding service for clients and licensure and certification candidates backed by more than 30 years of knowledge and expertise.
“As we continue to deliver superior testing programs, the addition of Castle’s significant knowledge and proven internet-based testing platform provides a valuable step forward in our strategy to be a global leader in assessment solutions,” said Kevin Brueggeman, CEO, Scantron. “We are excited about this powerful combination that brings our experience of having delivered more than 170 million digital assessments with leading expertise in computer-adaptive delivery together with Castle’s leading testing technologies and channel of more than 1,300 testing centers. This is a natural evolution for a company whose name has been synonymous with testing for over four decades.”
“This is an exciting and important milestone for Castle as we leverage the significant brand recognition and reach of Scantron,” said Jeffrey LaRiche, Chairman and CEO, Castle Worldwide. “We have successfully designed, developed, and delivered state-of-the-art testing programs for more than 30 years. This acquisition is a testament of the unwavering commitment of our dedicated employees and opportunity for us to join a well-recognized and trusted company that will amplify our reach across the world. I firmly believe that Scantron shares our commitment to best-in-class assessment programs as well as the drive to continue innovating and delivering proven solutions to our clients. Together, we will provide market-leading high-quality solutions.”
Castle will maintain its current operations and support for its licensure and certification testing technology platforms at its location in the Research Triangle Park area of North Carolina.
Tyton Partners served as financial advisor to Castle Worldwide, Inc. in connection with the transaction.
Scantron is a global, diversified company that provides market leading assessment capabilities and technology services to help learners, educators, business owners, and professionals around the world achieve their goals. It empowers organizations of all sizes to monitor, measure, and understand information in order to improve effectiveness. Headquartered in Eagan, MN, Scantron Corporation is a wholly owned subsidiary of Harland Clarke Holdings.
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