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LearnWell Secures Investment from Goldman Sachs Alternatives

In an exciting development for education and mental health services, LearnWell has announced a significant investment from the Sustainable Investing sector of Goldman Sachs Alternatives. This partnership aims to propel LearnWell’s mission of providing essential academic and mental support services to students and families. LearnWell, a prominent provider in this field, has been instrumental in ensuring that students facing behavioral challenges can access vital resources to aid their schooling and mental well-being.

Addressing Critical Needs

As the demand for comprehensive mental and behavioral health services for students escalates, LearnWell stands out as a critical ally for both hospitals and school districts. By bridging the gap between educational institutions and healthcare facilities, LearnWell has successfully supported students who face chronic absenteeism. Their integrated approach guarantees that students receive the necessary support, helping them to remain engaged academically, improve their mental health, and transition back to school successfully.

Richard Waitumbi, Managing Director of Sustainable Investing at Goldman Sachs Alternatives, articulated the urgency for such services, stating, "The demand for comprehensive student mental and behavioral health services has never been more urgent... LearnWell has established itself as a vital partner, delivering impactful care that enhances student well-being and success."

About LearnWell

Founded in 1995, LearnWell has significantly impacted the lives of students across the nation. With a dedicated team of over 250 educators, the organization caters to more than 51,000 students each year through 629,000 hours of instructional support. Their services encompass a wide array, focusing on academic continuity for children and adolescents struggling with mental health challenges, offering outpatient psychotherapy, therapeutic services, and behavioral interventions in diverse settings, whether in-person or virtual. LearnWell is particularly adept at crafting tailored solutions for students, addressing specific educational needs in a variety of environments, including hospitals and at-home situations.

Kathleen Egger, Ed.D., CEO of LearnWell, emphasized the significance of the Goldman Sachs partnership, stating, "This collaboration marks a pivotal moment for LearnWell. With Goldman Sachs’ expertise in scaling social impact companies, we can enhance our offerings and reach more students across the nation. Our unwavering mission remains to empower all students academically, socially, and emotionally."

A Strong Future Ahead

As the educational sector evolves, securing an investment from Goldman Sachs Alternatives aligns with LearnWell's strategic vision for sustainable growth. The partnership will support LearnWell in amplifying its influence and expanding its services, ensuring more students can receive essential support. Greg Shell, a Partner at Goldman Sachs Alternatives, noted, "We are excited to partner with LearnWell in its transformative mission... aligning perfectly with our investment strategy that promotes strong fundamentals coupled with social impact."

The partnership not only enhances LearnWell’s capacity to deliver quality services but also reflects a growing recognition of the importance of addressing student mental health and academic needs holistically. As LearnWell continues its commitment to fostering positive student outcomes, this investment opens new avenues for growth, ensuring that the organization can adapt and innovate amid evolving challenges in the educational landscape.

In conclusion, LearnWell's collaboration with Goldman Sachs Alternatives illustrates a promising path forward, equipped with resources and expertise to impact even more students’ lives positively. By integrating academic support with mental health services, LearnWell is well-positioned to continue being a leading force in nurturing student success across the nation.