Turnitin Acquires ExamSoft, A Leading Assessment Platform
Turnitin, a leading provider of academic integrity and assessment solutions, announced on Wednesday that it has acquired ExamSoft, a software-based assessment platform, from Spectrum Equity.
Turnitin acquired assessment platform Gradescope in 2018. ExamSoft further expands Turnitin’s portfolio of assessment products to include a broad assessment platform serving education, certification, and licensure programs.
“Turnitin and ExamSoft are both committed to safeguarding integrity in education,” said ExamSoft CEO Sebastian Vos.
“We look forward to working with the Turnitin team to continue to advance integrity solutions across all levels and modalities of education to improve learning outcomes. We would also like to thank Spectrum Equity for their support and partnership over the past six years. Spectrum always recognized the distinctive value proposition of our product set and the depth of our customer relationships. They worked tirelessly alongside us to leverage these core attributes, expand our strategic vision, and accelerate the growth of our business.”
“Turnitin and ExamSoft share a passion for student success and delivering innovative assessments,” said Turnitin CEO Chris Caren.
“Turnitin expanded its assessment capabilities beyond our historical essay focus when we acquired market-leading STEM assessment solution Gradescope two years ago. ExamSoft’s robust testing platform meaningfully complements and grows our existing assessment offerings. Together, we form an even stronger company that meets the ever-changing needs of the educational and professional organizations we serve. We’re thrilled to welcome the ExamSoft team to the Turnitin family.”
“It has been a true pleasure partnering with Sebastian and the entire ExamSoft management team over the last several years, including Britt Nichols and Mike Mitrione. ExamSoft has evolved from a small summative assessment business focusing on a single graduate vertical to a multi-faceted assessment platform with several scaled products, accelerating growth and expanding end-markets thus becoming a highly valuable enterprise at scale,” said Spectrum Equity Managing Director Steve LeSieur.
“We are confident that together, ExamSoft and Turnitin will continue to make a meaningful impact in improving outcomes in education. We wish ExamSoft continued success as part of Turnitin.”