math-only supplemental education franchise

Global Math Centers Hosting Pi Day Parties in All Regions.

LOS ANGELES — On Tuesday, March 14th, math enthusiasts around the world will be celebrating Pi Day. Mathnasium, an internationally known franchise with over 1,000 math tutoring centers worldwide, will be hosting Pi Day Party celebrations in centers across the globe.

While each center will be celebrating the math-related holiday in their own unique way, Pi Day parties include games, activities, rewards, a Pi Day Champion contest, raffle and food (including, a slice of everyone’s favorite circular items like pizza and dessert pies!). The events are open to everyone in the community, including parents, families, and friends.

While Pi Day is one of math’s biggest days, Mathnasium Center Directors, math instructors, parents, educators and students work hard every day to make true math comprehension possible.

“Our global network of math learning centers is a testament to how powerful math can be and its influence to change lives for students, families and our Mathnasium business owners,” said CEO Mike Davis. “Pi Day is one of many ways we connect with students and communities by showing them tangible math learning activities and engaging contests to keep children intrigued and open to the possibilities available to them by learning through math.”

Mathnasium Pi Day activities have been professionally developed and tested to meet the needs of all learning levels grades 1-12. This kid-friendly event encourages learning in a fun and comprehensive way; from memorizing the Digits of Pi, Pi-Word Search, Find Pi activities, to “3.14” Basketball Shoot-Out contests, Hula-Hooping contests and raffles.

Mathnasium’s experienced instructors utilize proprietary teaching materials and techniques to deliver a customized learning plan designed to address each student’s needs.

For decades, the Mathnasium Method™ has transformed the way kids learn math. There are learning paths and programs designed to build a foundation for math mastery through deep understanding by starting with what they already know, addressing any learning gaps, expanding their mathematical thinking, and adding new concepts in sequence. This proprietary method works for kids of all ages and skill levels, whether they’re struggling in math, meeting standards but could be performing better, or are already excelling but need more of a challenge.

Pi Day is an opportunity for students to explore and visualize all that Pi and math has to offer. Find your local Mathnasium Learning Center by entering your zipcode here to find out the more details about the event in your area and celebrate Pi Day with Mathnasium.

Global Math Centers Named one of the Top Franchises of 2022 in Competitive Ranking.

LOS ANGELES — Mathnasium, an internationally known franchise with over 1,000 math tutoring centers worldwide, ranked No. 80 in Entrepreneur‘s highly competitive Franchise 500^® ranking and the first within the math tutoring category. The brand that empowers children to achieve math excellence jumped 15 spots up from last year’s comprehensive list of top franchises.

The annual list is a highly sought-after honor in the franchise industry, as it serves as an invaluable resource for new and existing entrepreneurs who are seeking credible and reputable brands. The ranking formula evaluates brands on several factors, including costs and fees, size and growth, support, brand strength, and financial strength and stability.

This recognition comes on the heels of a record-breaking enrollment year, serving over 100,000 children in the U.S. in 2022. The company also experienced a significant increase in median gross receipts. Per the brands latest Item 19:

• From 2021-2022: The median gross receipts for the top 25% of centers increased by over 12%, and the bottom 25% of centers increased by over 18%, 2021 – 2022.
• From 2020-2022: The median gross increases for the top 25% of centers increased by 25%, and 31% for the bottom 25%.

The company also strengthened its core leadership team to grow alongside the company’s rate of expansion and support of the system.

        –  Michael Davis appointed as Chief Executive Officer
        –  Michael Stanfield appointed as Chief Marketing Officer
        –  Kevin Shen appointed as Chief Development Officer

“Our team at the head office, franchisees and their employees have a front row seat to seeing how many lives can change through learning math and the impact it has on families, communities and entrepreneurs,” said Michael Davis, CEO of Mathnasium. “The foundation of Mathnasium’s success was built on furthering this mission and seeing the rewarding results. We plan to further our global reach by partnering with existing franchisees who are expanding and new multi-center investors who want to join an industry leading, worldwide network, with a time-tested business model and curriculum.”

Kevin Shen Leads Brand Development for Internationally Known Math Learning Centers.

LOS ANGELES — Mathnasium, an international franchise leader with over 1,000 math tutoring centers and counting, has appointed Kevin Shen as Chief Development Officer.

Kevin joins Mathnasium with 13 years of investment banking and franchising experience. For the last eight years, he has been an executive at Jackson Hewitt Tax Service Inc., mostly recently serving as the Vice President, Head of Real Estate Development and Franchise Sales.

The hiring follows recent c-level leadership changes announced earlier this year as the company continues to invest in the direction and support system for franchisees.

“Being immersed in the franchising and investment banking world, I had always admired private equity backed brands and have a ton of respect for Michael Davis and his extensive experience as a CEO working with top-notch companies. As I met more of the leadership team and franchisees, it became clear why this is the perfect time to join Mathnasium with its endless industry tailwinds,” said Shen. “It is also so easy to get behind the mission of changing lives through math. Our reputable global brand and the passion behind our franchisees is so authentic, it cannot be replicated.”

Shen and the team will be hyper-focused on growing Mathnasium’s footprint, attracting more multi-center operators and supporting existing franchisees with expansion.

“It was important to find a leader like Kevin who aligns with Mathnasium’s values and believes in our larger mission to make math enjoyable by teaching true comprehension,” said Michael Davis, CEO of Mathnasium. “Our franchisees are seeing record breaking enrollments as families seek additional local resources to help their children improve grades in math and reach new levels of understanding. Every new center ensures Mathnasium’s mission will get to more student’s, families, and communities.”

Mathnasium hit over 100,000 enrollments in the U.S. for the first time in the company’s history as the spike in supplemental education continues to climb.

Based on the findings of The Nation’s Report Card 2022, which is conducted by the National Center for Education Statistics, a branch of the Education Department – math scores show major decline for Fourth and Eighth-Graders throughout the pandemic.

“Our Center Directors, math instructors and small business owners around the world are using the time-tested Mathnasium Method to make a difference in their local communities,” said Shen. “We’re intentionally growing this brand because of the rewarding results for both students, families and franchisees. Our high NPS scores and annual accolades show that we have a fantastic playbook for how to thrive in the math education sector.”

Mathnasium retains its position as the leader in the math tutoring space by offering comprehensive assessments, fully individualized learning plans, and teaching true math comprehension. The Mathnasium Method™ is a proven proprietary teaching method and the driving force behind the company’s growth since 2002.

Michael Davis Appointed as CEO and Michael Stanfield Named CMO.

LOS ANGELES — Mathnasium, an international franchise leader in math tutoring, has added Michael Davis as Chief Executive Officer and Michael Stanfield as Chief Marketing Officer.

Davis joined Mathnasium in July after spending the last 12 years in C-suite leadership roles for private equity-owned companies. Most recently, he served as the Chief Executive Officer of Valpak, a franchised network. His focus throughout his career has been on growth, driven by product or service enhancements, pricing strategies, marketing excellence and customer service. Davis has led B2B and B2C companies in various industries, including multi-unit franchising, eCommerce/DTC/3PL and media.

“It’s an honor to be part of the Mathnasium family and to further its mission of changing children’s lives through math,” Davis said. “The chance to bring the Mathnasium Method to more children is an exhilarating opportunity for Michael, myself and the entire Mathnasium network.”

Joining Davis to further strengthen the brand’s global reputation and reach as the most trusted company providing math-only supplemental education, is Michael Stanfield, who was named Chief Marketing Officer in September.

Stanfield’s previous roles include VP of Marketing for Starkey Hearing Technologies and Head of Marketing for Miracle-Ear, a franchise system with over 1500 locations in the United States. Previously, he held various leadership roles in marketing strategy and planning at Target for nearly nine years.

“Mathnasium’s curriculum and teaching have the power to change lives for students and their parents. I’m excited to work with the franchise owners, center directors and instructors who get to see these transformations happen in their own communities,” said Stanfield. “I’m looking forward to connecting even more people with our outstanding content.”

This month marks 20 years of Mathnasium making a difference in the lives of students and their families. The Mathnasium Method™ is a proven proprietary teaching method and the driving force behind the company’s growth since 2002.

Mathnasium remains the leader in the math tutoring sector by offering comprehensive assessments, fully individualized learning plans, and teaching true math comprehension. The same level of care, teaching approach and open communication is provided to parents with initial student evaluations and real-time progress reporting; and extended to the franchisees to ensure they’re equipped with the latest tools, processes and systems for effective operations.