Weld North Acquires Performance Matters; Merges Company With Truenorthlogic

Weld North Holdings LLC, an education investment company led by former Kaplan CEO Jonathan Grayer, announced today its acquisition of Performance Matters, provider of student assessment systems and analytics. As part of this transaction, Performance Matters will merge with Truenorthlogic, a provider of educator professional growth solutions acquired by Weld North in April, 2014. The combination creates a company with educator evaluation and professional development data, student achievement data, and analytics capability to better understand the drivers of student outcomes.