American Achievement Corporation Inc. of Austin, Texas, a manufacturer of scholastic products and an industry leader in class rings and school yearbooks, has acquired Milestone Traditions, a Philadelphia-area supplier specialty marketer of class rings, announcements, and other graduation products to the college market.

Milestone Traditions has partnered with colleges and universities to help restore tradition and symbolism to their class rings and graduation product programs since its founding in 1993.

American Achievement Corporation is the parent company of Commemorative Brands Inc., Austin, Texas, a manufacturer of class rings, announcements, and graduation products for both the college and high school markets; Taylor Publishing, Dallas, a publisher of yearbooks for the scholastic market; and Education Communications Inc., Lake Forest, Ill., a publisher of achievement recognition directories such as Who’s Who Among American High School Students, The National Dean’s List, and Who’s Who Among America’s Teachers. American Achievement is a portfolio company of Castle Harlan Inc., a New York-based private equity investment firm.

Contact American Achievement Corporation at (512) 440-2281.