US: Prometric acquires Finetune
Baltimore-based test administration company Prometric has acquired Finetune, an assessment and learning technology firm working in the credentialing, licensure, workforce readiness and education sectors, based in Boston.
Roy Simrell, president and chief executive of Prometric, said: “The addition of Finetune to Prometric’s portfolio represents a significant opportunity to not only bring cutting-edge AI content and assessment technology to our suite of solutions but to transform the way organisations address the challenges they face in a rapidly changing learning landscape. I am excited by the opportunity that these advanced capabilities represent for the way we support our customers and test takers.”
Steve Shapiro, chief executive of Finetune, added: “We are energised by the synergy that a partnership with Prometric represents. Joining Prometric allows us to further build on our success, taking these solutions to market at scale and continuing to invest in emerging technologies that serve the wide cross section of markets we serve.”
Tyton Partners was exclusive financial advisor to Finetune.