 SÃO PAULO, Brazil, Dec. 09, 2020 GLOBE NEWSWIRE -- Vasta Platform Limited NASDAQ: VSTA announces the acquisition of Meritt, the most complete and cutting-edge digital assessment platform in the country. A team with over 10 years experience and over 500 schools served, Meritt possesses the largest K-12 database in Brazil and will help our partner schools with their digitalization process. The startup currently has 153 active clients, a number 40 superior to that of 2019, and is expected to close the year with an estimated revenue of BRL 1.5 million. In addition to aggregating a digital solution to the platform, bringing in new clients, and contributing with its experience in data analysis, Meritt will also provide relevant cost synergies with the streamlining of tests and mock exams for the Vasta brands. 