Princeton-based ETS is continuing to expand its global higher education portfolio by acquiring a majority stake in Toronto-based Kira Talent, the world’s only holistic admissions platform solution designed for higher education.
The deal was led by ETS Strategic Capital, the private equity investment and merger and acquisition execution arm for ETS, its subsidiaries and its partners.
Kira Talent will operate as a wholly owned subsidiary of ETS, with its CEO and staff remaining in place as part of the deal’s terms.
This transaction will fuel rapid growth for Kira Talent as it scales development of its education admissions solutions, which will include new suites of products incorporating alternative and quantitative assessments, as well as further expansion of its structured interview platform.
“Kira Talent’s offerings will serve as a well-suited addition to our global higher education portfolio, for which a sharp, intentional focus on holistic admissions has always been at the forefront,” said Alberto Acereda, associate vice president of global higher education at ETS. “We look forward to playing an integral role in their continued success in delivering high-quality, equitable education opportunities to all learners as they advance in their learning journeys.”
Kira Talent’s video and assessment platform will be part of ETS’s global higher education portfolio, advancing the digital transformation being undertaken to deliver a seamless, all-in-one solution for learners pursuing higher education and careers, and the higher education institutions and employers they’ll touch along the way.
“Both ETS and Kira Talent are well-positioned to partner strategically together to ensure access and equality for learners in higher education long-term,” said Ralph Taylor-Smith, managing director of ETS Strategic Capital.
Kira has plans for continued global expansion of its workforce to meet increased product demand, acceleration of partnership opportunities and forging of pathways to serve new markets and a broader diversity of higher education partners.