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Education staffing firm Proximity Learning sells to Education Solutions Services

July 10, 2019

Education staffing firm Proximity Learning Inc. was sold to Education Solutions Services LLC, the second-largest US education staffing firm, in a deal that closed July 2, according to an announcement by CapStream Group.

Proximity Learning is based in Austin, Texas. It provides virtual teachers to schools via web conferencing when teachers cannot be found locally. The company was founded in 2009.

“Students are able to see, learn and interact with a teacher ‘live’ each day from within their school classrooms,” according to Education Solutions Services. “The virtual teacher even attends parent-teacher conference nights and can participate in district professional development.”

Proximity provides a range of short and long-term substitute teachers.

“We see this as an opportunity to further provide an alternative solution for long-term substitute staffing needs, allowing [Education Solutions Services] to build upon the varied services our clients demand,” said Buddy Helton, CEO of Education Solutions Services.

Education Solutions Services is based in Knoxville, Tennessee. CapStream served as financial advisor to Proximity Learning.

Randy Finch, managing director at CapStream, said the deal provided significant liquidity to Proximity’s founders.

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