The move comes as more colleges are going back to requiring standardized tests for admissions. Educational nonprofit ETS is acquiring ACT — roughly two years after the standardized test maker was taken over by a private equity firm. The deal will create a testing giant reaching 35 million people every year and comes as several universities announce a return to requiring standardized tests for admissions. Terms of the acquisition were not disclosed. The deal was expected to close on July 1, according to an ETS spokesperson. Los Angeles-based Nexus Capital Management acquired ACT in 2024, converting the nonprofit college admissions assessment organization into a for-profit company in the process.