Gunderson Dettmer Represents EveryDay Labs in Acquisition by Newsela
Gunderson Dettmer represented EveryDay Labs, the leading evidence-based company dedicated to preventing and reducing K-12 chronic absenteeism, in its acquisition by Newsela, the leading data, instruction, and assessment system for students.
As part of the transaction, EveryDay Labs will become part of Schoolytics by Newsela, a platform that serves as a district's one-stop shop for actionable student data.
“We started EveryDay Labs because we believe every student deserves the opportunity to be present and learning every day,” said Emily Bailard, EveryDay Labs's Chief Executive Officer, in the announcement of the acquisition. “Joining Newsela's suite of solutions will enable districts and educators to unify evidence-based attendance improvement tools and strategies with academic improvement tools, early warning systems, and MTSS.”
The Gunderson deal team was led by corporate and M&A partners Jenn Sayles Okorn and Glen Van Ligten and included corporate associates Anjuli Schlievert and David Behrend, data privacy partner Anna Westfelt and associate Carrie Brown, employment and labor partner Max Perlman and associate Mark Macchi, executive compensation partner Michael Richman and associate Sofia Siegel, strategic transactions and licensing partner Aaron Fiske and associate Yue Yang, tax partner Mark Foster and associate Morgan Otway, and Carly Brower.
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