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EAB Established as an Independent OrganizationWASHINGTON, Nov. 17, 2017 /PRNewswire/ -- EAB today became an independent entity committed to making education smarter through research, technology, and services. The more than 1,200 schools, colleges, and universities that work with EAB will benefit from the firm's ability to focus entirely on the education sector. Today's announcement marks the completion of the process first announced in August when Vista Equity Partners, a leading investment firm, entered into a definitive purchase agreement to acquire EAB from The Advisory Board Company. "Our team of 1,300 is excited for this new chapter," said David Felsenthal, EAB's CEO, who first joined the firm more than 20 years ago. "We are proud of the progress we have already made for educational institutions and for students, and we are looking forward to our next phase of impact and innovation." EAB's unique approach to best practice research, which includes hundreds of subject matter experts conducting thousands of interviews with education leaders and practitioners each year, gives it unmatched visibility into emerging issues and innovative solutions. The firm also maintains and analyzes the education sector's largest data set on student engagement and success. "Our ability to turn these insights into impact is a testament to EAB's mission-driven, talented, and creative employees," Felsenthal said. EAB currently supports a quarter of college students in the U.S. through its first-of-its-kind student success management system, which provides predictive analytics that allow advisors and faculty to see whichstudents are at risk and connect them to campus resources. EAB also helps match over 130,000 students to their best-fit college each year, through enrollment services that help schools find qualified students and encourage those students to apply and attend. "EAB is an outstanding addition to our portfolio, as a trusted partner on college campuses and in schools across the country. We know EAB will continue to build on these strengths under David Felsenthal's ongoing leadership," said Robert F. Smith, Founder, Chairman & CEO of Vista Equity Partners, which is focused on software, data, and technology-enabled businesses. EAB also announced that Royall & Company, its enrollment division, will take on the EAB name and branding to reflect the synergies across the firm's research, technology, and services teams. As a leader in corporate social responsibility, EAB remains committed to its local communities: Washington, D.C., Richmond, Va., Birmingham, Ala., and Bloomington, Minn. About EAB About Vista Equity Partners
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