EAB (company)
 | |
| Company type | Private |
|---|---|
| Industry | Education best practices research, technology, consulting |
| Founded | 2007 |
| Headquarters | Washington, DC, United States |
Area served | Worldwide |
Key people | David Felsenthal (CEO) |
| Brands | Seramount |
Number of employees | 1,800 |
| Website | eab |
EAB Global, Inc is a consulting firm specializing in providing services to educational institutions.[1] The firm is headquartered in Washington, DC, with satellite offices in Richmond, Virginia and Minneapolis, Minnesota.
EAB serves over 2,800 schools, colleges, and universities worldwide.[1] It supports client institutions through technology, marketing, research, and advisory solutions across a range of areas, including undergraduate and graduate marketing and enrollment, student success, data and analytics, advancement, and institutional strategy. [2]
The firm’s Seramount brand serves over 650 corporations and Fortune 500 companies with talent services. The brand offers corporate clients best practice employee research, workplace assessment, employee learning and development, and talent sourcing.[3]
History
[edit]EAB, 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.[4] Royall & Company was founded in 1983 and specialized in enrollment management, financial aid models and alumni fundraising;[5] These services were integrated into EAB.
In 2015, the parent company acquired GradesFirst, a "student success technology" company based in Birmingham, Alabama.[6] This became EAB's Student Success Collaborative (SSC) platform, Navigate360.
On November 17, 2017, EAB announced that it would become an independent company, separate from The Advisory Board Company,[7] and would be acquired by Vista Equity Partners, a leading investment firm for roughly $1.5B.[8] In May 2021, BC Partners joined Vista as an investor in the firm.[9]
On February 18, 2021, EAB announced that it would acquire Starfish from Hobsons.[10]
On April 7, 2024, EAB announced that it would acquire Forage, a provider of virtual job simulations for students.[11]
References
[edit]- ^ a b c "About Us". EAB. Retrieved 3 November 2021.
- ^ "About Us | EAB". eab.com. 2019-07-06. Retrieved 2025-01-22.
- ^ "Companies Are Using AI to Recruit a More Diverse Workforce". Seramount. Retrieved 2025-01-24.
- ^ "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.
- ^ "BC Partners Joins Vista Equity Partners as an Investor in EAB | EAB". eab.com. Retrieved 2025-01-24.
- ^ "EAB to Enhance Its Student Success Collaborative by Acquiring Starfish". Retrieved 2022-08-03.
- ^ "EAB to Acquire Forage to Bridge the Gap Between College and Career for Millions of Students | EAB". eab.com. Retrieved 2025-01-24.