New Jersey-based non-profit organisation Education Testing Services (ETS) has acquired Minnesota-based testing service Questar for $127.5m. After gaining regulatory approval, Questar, which offers "summative assessments, scalable technological innovation and scoring and reporting services" for grades three to eight, among other services, will become a for-profit subsidiary of ETS. The acquisition is the latest in an ongoing trend by education companies that are looking at ways to improve their business models as they struggle with declining enrollments and rising costs.
New Jersey-based non-profit organisation Education Testing Services (ETS) has acquired Minnesota-based testing service Questar for $127.5m. After gaining regulatory approval, Questar, which offers "summative assessments, scalable technological innovation and scoring and reporting services" for grades three to eight, among other services, will become a for-profit subsidiary of ETS. Last year ETS paid $20.7m in upgrades and damages in Texas, following "multiple testing problems".