EAB is a consulting firm specializing in education institutions.[1] It is headquartered in Washington, DC, with satellite offices in Richmond, Virginia, Birmingham, Alabama, and Minneapolis.
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Company type | Private |
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Industry | Education best practices research, technology, consulting |
Founded | 2007 |
Headquarters | Washington, DC, United States |
Area served | Worldwide |
Key people | David Felsenthal (CEO) |
Number of employees | 1,800 |
Website | eab |
EAB serves roughly 2500 schools, colleges, and universities.[1] The company's technology division focuses on enrollment management, student success, booking appointments, calendars, and institutional operations and strategy.
History
editEAB, formerly the Education Advisory Board, was founded in 2007 as a division of The Advisory Board Company. This was officially shortened to EAB in 2014.[1]
In December 2014, it was announced that The Advisory Board Company was to acquire Royall & Company, based in Richmond, Virginia, for $850M.[2] Royall & Company was founded in 1983 and specialized in enrollment management, financial aid models and alumni fundraising;[3] These services were integrated into EAB.
In 2015, the parent company acquired GradesFirst, a "student success technology" company based in Birmingham, Alabama.[4] This became EAB's Student Success Collaborative (SSC) platform.
On November 17, 2017, EAB announced that it would become an independent company, separate from The Advisory Board Company,[5] and would be acquired by Vista Equity Partners, a leading investment firm for roughly $1.5B.[6]
On February 18, 2021, EAB announced that it would acquire Starfish from Hobsons.[7]
References
edit- ^ a b c "About Us". EAB. Retrieved 3 November 2021.
- ^ "Royall & Co. to be Acquired for $850M - EdSurge News". EdSurge. 2014-12-11. Retrieved 2018-04-06.
- ^ "EAB, education services company with 500 employees in Henrico, has new owner". Richmond Times-Dispatch. 2017-11-19. Retrieved 2019-01-20.
- ^ "The Advisory Board Company Acquires GradesFirst for Engaging At-Risk Students - EdSurge News". EdSurge. 2015-02-12. Retrieved 2019-01-20.
- ^ EAB. "EAB Established as an Independent Organization". www.prnewswire.com. Retrieved 2018-04-06.
- ^ "Advisory Board closes sale of its education division". www.bizjournals.com. Retrieved 2018-04-06.
- ^ "EAB to Enhance Its Student Success Collaborative by Acquiring Starfish". Retrieved 2022-08-03.