Satori Capital has announced its investment in Accelerated Learning Solutions (ALS).
Based in Orlando, Florida, ALS operates and manages 19 high school dropout prevention and recovery programs (DPRPs) in Florida, North Carolina, and Georgia. ALS provides an alternative learning environment for nearly 6,000 students who have dropped out or are at risk of dropping out.
ALS significantly improves students’ academic performance. During just their first year with ALS, students have achieved an average improvement of three grade levels in reading skills and a nearly 60% increase in total school credits earned.
ALS also helps public schools improve their overall graduation rates. In 2018, ALS helped public schools in Florida better their graduation rates by nearly 9%. ALS uses charter school provisions to secure five- to 15-year contracts with school districts. Unlike most charter schools that compete with public schools, ALS partners with districts to help them educate at-risk students. In 2019, all 15 Florida schools received a “commendable” rating, the highest possible rating.
“ALS is a quintessential Satori portfolio company that marries profit with purpose,” said Sunny Vanderbeck, Satori co-founder and managing partner. “We look forward to creating great outcomes for all stakeholders – students, school districts, team members, the community, and investors.”
Satori expects to accelerate ALS’s growth by opening new schools to serve the more than 2.4 million domestic students at risk of dropping out each year. To learn more about ALS and its programs, visit als-education.com.
This communication is for informational purposes and is not intended to be, nor should it be construed or used as an offer to sell, or a solicitation of any offer to buy shares or limited partnership interests in any funds managed by Satori Capital.