Why Leeds Equity Partners Is Buying TouchMath

By Amit Chowdhry • Mar 4, 2024

Leeds Equity Partners recently announced that it has acquired TouchMath, a mission-driven organization focused on serving students with learning disabilities and those struggling with math concepts. The terms of the deal were not disclosed.

TouchMath offers high-quality, research-based math instructional materials primarily for pre-kindergarten through 8th-grade students, promoting concept mastery, fluency, and confidence through a multisensory curriculum. And the company’s offerings include best-in-class instructional materials, digital programs, professional development services, and a comprehensive dyscalculia screener.

The acquisition of TouchMath builds on Leeds Equity’s deep experience in and commitment to the preK – 12 curriculum and its decades of immersion in the Knowledge Industries, including the education sector. TouchMath represents the tenth platform investment for Leeds Equity VII, L.P.

Polsinelli served as legal counsel to Leeds Equity Partners, and Macquarie Capital served as financial advisor to TouchMath.

KEY QUOTES:

“Math proficiency is a critical skill in today’s knowledge-based economy, but numerical literacy is also a basic life skill. We are excited to partner with Sean and the TouchMath team to support the Company’s mission of helping all students develop the foundational math skills that they need and to which they are entitled.”

  • Scott VanHoy, Partner at Leeds Equity

“Leeds Equity has a deep track record of success in supporting curriculum providers across the preK – 12 landscape as they drive innovation and growth. Our team is thrilled to partner with Leeds as we work to ensure that every student has an equal opportunity to excel in mathematics.”

  • Sean Lockwood, Chief Executive Officer of TouchMath

“Math scores in the United States illustrate a systemic learning problem as well as the persistent impact of COVID-related learning loss. We are dedicated to providing resources and support to innovators in this field and are so pleased to partner with the entire TouchMath team to continue fostering excellence in mathematics and preparing students for the challenges of a rapidly changing world.”

  • Eric Geveda, Managing Director of Leeds Equity