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Taskstream, a New York City-based company that works with colleges and higher education associations on assessment, accreditation and e-portfolios, this week announced that it is merging with Tk20, an Austin, Tex.-based firm that also provides services related to learning assessment and accreditation.

The new company, Taskstream-Tk20, will be an assessment management platform focused on helping colleges "measure, analyze and report learning data to improve student and institutional outcomes." (Disclosure: Last year Quad Partners invested in Taskstream. Quad is a private equity firm that since 2014 has had a controlling ownership share in Inside Higher Ed.)