May 9, 2017

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This article by Doug Lederman originally appeared on Inside Higher Ed

Strada Education Network, which recently changed its name from USA Funds and is now focused on supporting college completion and success, announced Monday that it had purchased InsideTrack, which provides student coaching services for hundreds of colleges. InsideTrack says it has served 1.5 million students with its outsourced coaching services, which research has found to be effective.

Strada, which is nonprofit, is investing in a stable of companies along with its existing philanthropic work. InsideTrack will join DXtera Institute, Education at Work, Roadtrip Nation and Student Connections as Strada entities.

Terms of the deal were not disclosed.