By BankersEdge

closed 9/5/2013 via PE Hub

OnCourse Learning, acquired BankersEdge

synopsis: The Riverside Company has added Corporate Training Technologies, LLC (dba BankersEdge) to its OnCourse Learning (OnCourse) platform. Based in Norristown, Pennsylvania, BankersEdge provides regulatory, employment, and leadership training as well as compliance solutions for bank and credit union workers.
buyer parent: The Riverside Company
buyer: OnCourse Learning
OnCourse Learning is an education and compliance solutions provider for individuals, companies, educators, and government agencies seeking educational excellence, professional compliance, occupational tools, customized training solutions, and new careers. "
target: BankersEdge
BankersEdge provides regulatory, employment, and leadership training as well as compliance solutions for bank and credit union workers. Its courses are used for comprehensive training and regulatory updates by bankers, mortgage professionals and other financial services employees.
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closed 1/1/2009 via BNC Analysis

BankersEdge, acquired Sivox, LLC

synopsis: BankersEdge, the financial industry's online training leader, has acquired Sivox Partners LLC. Sivox develops interactive simulations to optimize performance by customer-facing employees.
buyer: BankersEdge
BankersEdge is the financial industry's online training leader. Whether it’s regulatory compliance, job skills, product knowledge or policies and procedures, BankersEdge online courses complement your classroom training with proven benefits. "
target: Sivox, LLC
Sivox™ — the award-winning, voice recognition-driven simulation training platform — provides a richly immersive learning experience that delivers increased information retention, significant financial savings, enhanced call quality and improved productivity.
price ($mm)
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closed 9/5/2013 via PE Hub

OnCourse Learning, acquired BankersEdge

synopsis: The Riverside Company has added Corporate Training Technologies, LLC (dba BankersEdge) to its OnCourse Learning (OnCourse) platform. Based in Norristown, Pennsylvania, BankersEdge provides regulatory, employment, and leadership training as well as compliance solutions for bank and credit union workers.
buyer parent: The Riverside Company
buyer: OnCourse Learning
OnCourse Learning is an education and compliance solutions provider for individuals, companies, educators, and government agencies seeking educational excellence, professional compliance, occupational tools, customized training solutions, and new careers. "
target: BankersEdge
BankersEdge provides regulatory, employment, and leadership training as well as compliance solutions for bank and credit union workers. Its courses are used for comprehensive training and regulatory updates by bankers, mortgage professionals and other financial services employees.
price ($mm)
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closed 3/31/2005 via PR Newswire

BAI, acquired Bankers Training & Consulting Company

synopsis: BAI, a leading professional services organization in the financial services industry, announced that it has purchased Bankers Training & Consulting Company, the financial services division of PRIMEDIA Inc.'s PRM Workplace Learning Division.
buyer: BAI
BAI is the financial services industry’s leading professional organization focused on enhancing employee and organizational performance. Through ground-breaking research and an award-winning magazine, Banking Strategies, BAI provides the latest insights on complex, strategic issues in financial ser "
target parent: Primedia, Inc.
target: Bankers Training & Consulting Company
Bankers Training is a leading provider of technology-based learning solutions that create value for its customers and alliance partners.
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closed 8/20/2018 via BusinessWire

Moody's Corporation, acquired Omega Performance Corp.

synopsis: Moody’s Corporation announced that it has completed the acquisition of Omega Performance, a leading provider of online credit training. Founded in 1976 and based in Arlington, Virginia, Omega Performance is a business unit of TwentyEighty Inc.
buyer: Moody's Corporation (MCO:$4,496.60)
Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. "
target parent: Providence Equity Partners Inc.
target: Omega Performance Corp.
Since 1976, Omega Performance has been the training partner of choice for financial service organizations worldwide, from community-based credit unions to international banks. They offer a wide range of online credit training courses to clients worldwide and serve more than 300 customers.
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closed 4/18/2006 via Company Press Release

United Communications Group L.P., acquired LoanToolbox

synopsis: UCG, one of the nation's leading providers of business information, tools and guidance for over two million professionals worldwide, has acquired LoanToolbox, a fast-growing provider of educational and marketing tools for mortgage originators.
buyer: United Communications Group L.P.
Based in Rockville, MD, UCG produces hundreds of products to the various industries it serves. UCG has 1,000 employees in seven states. The privately held company was recently named by Washingtonian Magazine as one of the great places to work in the nation's Capital. "
target: LoanToolbox
LoanToolbox is the leading provider of training and marketing solutions for the Mortgage Loan industry. LoanToolbox’s exclusive online community offers an Internet-based solution that combines interactive content aligned with the business needs and objectives.
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closed 11/20/2019 via BNC Analysis

FinX, acquired Centre of Investment Education and Learning

synopsis: FinX, an Indian provider of integrated collaborative certification, has acquired a 51% stake in Centre of Investment Education and Learning (CIEL), an Indian learning solutions company focused on the investments and financial services sector. CIEL offers online courses and training programs for accounting, taxation, insurance, and more.
buyer: FinX
FinX is an Indian provider of integrated collaborative certification. FinX's Chartered Financial Expert (CFX) is a six-month short-term professional certification targeted at candidates who are looking for a successful career in the Banking, Financial Services and Insurance Industry. "
target: Centre of Investment Education and Learning
Centre of Investment Education and Learning (CIEL) is an Indian learning solutions company focused on competency building for the investments and financial services sector. CIEL offers online courses and training programs for accounting, taxation, insurance, stock broking, and more.
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closed 5/4/2011 via Market Wire

International Risk Management Institute, acquired WebCE

synopsis: International Risk Management Institute, Inc. (IRMI) has acquired WebCE, the world's largest provider of continuing education (CE) for insurance and risk management professionals. The company will continue delivering both online and paper-based courses from its state-of-the-art delivery platform.
buyer: International Risk Management Institute
International Risk Management Institute, Inc. is a Dallas-based research, publishing, and educational organization focusing on insurance and risk management. "
target: WebCE
Founded in 1992, WebCE, Inc. is the leading nationwide supplier of state-of-the-art continuing education and pre-license training courses to insurance professionals and financial planners.
price ($mm)
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closed 4/18/2018 via BNC Analysis

OneVue Holdings Limited, acquired No More Practice Education Pty Ltd

synopsis: OneVue announced the acquisition of online video learning platform No More Practice Education, a leader in digitally delivered education to financial advisers, accountants and brokers. No More Practice Education is a fully CPD-accredited, online learning business with a focus on high production values, engagement and learning from industry experts.
buyer: OneVue Holdings Limited
OneVue is a fintech company evolving the way Australians manage their investments in a digital environment. They provide wholesale services to the wealth management industry with a focus on superannuation. Their wealth management platforms help provide the ultimate end-to-end investment experience. "
target: No More Practice Education Pty Ltd
No More Practice Education is a fully CPD-accredited, online learning business for financial professionals with a focus on high production values, engagement and learning from the best industry experts. Their video led online learning resources are utilised by 22,000 finance professionals.
price ($mm)
$0.85
rev ($mm)
$1
EBITDA ($mm)
EV / rev
2.8x
EV / EBITDA
announced 7/22/2015 via Company Press Release

CallidusCloud, will acquire BridgeFront

synopsis: Callidus Software Inc., a global leader in cloud-based sales, marketing, learning and customer experience solutions, announced it has entered into a definitive agreement to acquire BridgeFront LLC, a leading provider of healthcare insurance and compliance education content.
buyer: CallidusCloud (CALD:$239.66)
CallidusCloud is the leading provider of sales and marketing effectiveness software. CallidusCloud enables organizations to accelerate and maximize their lead to money process with their complete suite of solutions. "
target: BridgeFront
Rated as a top-tier provider by its clients, BridgeFront delivers innovative online education to healthcare, government, business and education - large and small.
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closed 7/5/2016 via BusinessWire

Loscalzo Associates, acquired Nichols Patrick CPE

synopsis: Loscalzo Associates, a leading provider of LIVE CPE programs servicing the accounting profession, announced the acquisition of Nichols Patrick CPE, a continuing education provider specializing in tax training. Loscalzo Associates and Nichols Patrick CPE are the premier providers of LIVE CPE programs servicing the accounting profession.
buyer parent: Graham Holdings Company
buyer: Loscalzo Associates
Loscalzo Associates, Ltd, a SmartPros Company, has been one of the premiere providers of LIVE CPE programs servicing the accounting profession. Their clients include State CPA Societies and Associations, regional to small public accounting firms and individual CPAs throughout the United States. "
target: Nichols Patrick CPE
Nichols Patrick CPE is recognized as a leader in developing and presenting live seminars and web based training for CPAs who need to expand or update their knowledge of federal and state tax laws. Their Tax Update programs have been a highly rated staple of many CPE programs for over 25 years.
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closed 6/3/2019 via BusinessWire

Adtalem Global Education Inc., purchased Financial Services Business from OnCourse Learning

synopsis: Adtalem Global Education has acquired the financial services division of OnCourse Learning. The division includes sub-brands such as BankersEdge and Total Training Solutions, leading providers of compliance training to the banking and credit union markets, as well as OnCourse Learning’s mortgage licensing and continuing education programs.
buyer: Adtalem Global Education Inc. (ATGE:$1,231.21)
Adtalem Global Education Inc. is a leading global education provider and the parent organization of Adtalem Educacional do Brasil, American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College, Chamberlain University and more. "
seller parent: Bertelsmann SE & Co. KGaA
seller: OnCourse Learning
The acquisition includes the financial services portfolio of OnCourse Learning, including BankersEdge and Total Training Solutions, leading providers of compliance training to the banking and credit union markets, as well as OnCourse Learning’s mortgage licensing and continuing education programs.
price ($mm)
$121
rev ($mm)
$31
EBITDA ($mm)
EV / rev
3.9x
EV / EBITDA
closed 1/8/2008 via BusinessWire

Moody's Corporation, acquired Financial Projections Limited

synopsis: Moody’s Analytics, a division of Moody’s Corporation has acquired Financial Projections Limited, a UK-based provider of credit training services. Terms of the transaction are not being disclosed.
buyer: Moody's Corporation (MCO:$4,496.60)
Moody's Corporation is the parent company of Moody's Investors Service, a leading provider of credit ratings, research and analysis covering debt instruments and securities in the global capital markets, Moody's Economy.com, a provider of economic research and data services and Moody's KMV. "
target: Financial Projections Limited
Financial Projections is a leading provider of in-house credit training services, with long-standing relationships among European banks and a strong reputation within the industry.
price ($mm)
$5.87
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/20/2013 via PR Web

Indecomm Global Services, acquired Mortgage U, Inc.

synopsis: Indecomm Global Services, a leader in business process outsourcing and learning solutions, has acquired the assets of Mortgage U, Inc., a recognized leader in mortgage training. The acquisition will allow Indecomm to expand its learning and mortgage training offerings as well as its total compliance support and consulting.
buyer: Indecomm Global Services
Indecomm Global Services offers consulting, outsourcing, learning, and technology solutions Its title and settlement services platform-based solutions include title search and typing through iTitleHub™, post-closing through Dynamic Doc Hub™, and eRecording through InteleDoc Direct™ . "
target: Mortgage U, Inc.
Mortgage U, Inc. is a recognized leader in mortgage training. Mortgage U's Health Check enables companies to measure and monitor their policies and procedures. Mortgage U also offers state-of-the-art policy and procedure manuals, which have become industry standards.
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closed 1/10/2007 via BusinessWire

WebCE, acquired AplusOnlineCE.com

synopsis: WebCE, the nationwide provider of continuing education services for financial services professionals, has acquired APlusOnlineCE.com, a Newport News-based continuing education provider. The acquisition will strengthen WebCE’s curriculum for Certified Financial Planners® and gives APlusOnline customers access to WebCE’s 150 insurance CE courses.
buyer: WebCE
WebCE is a nationwide supplier of state-of-the-art continuing education courses to licensed insurance professionals and financial planners. WebCE provides an integrated suite of continuing education courses and testing services that are delivered either electronically or through traditional books. "
target: AplusOnlineCE.com
A Plus Online CE is dedicated to providing quality CFP® Continuing Education. Most of APlusOnlineCE's 60+ Certified Financial Planner Courses are also approved for state insurance CE.
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closed 11/10/2014 via PR Newswire

Priced In Corp., merged with Tigrent Inc.

synopsis: Tigrent Inc. and Priced In Corp. jointly announced that they had closed on a transaction whereby Priced in Corp. acquired the business of Tigrent Inc. in exchange for an 80% percent interest in Priced In Corp. Tigrent is a leading provider of tools and training programs that help customers acquire learning they can apply to accumulate wealth.
buyer: Priced In Corp.
Priced in Corp. is a shell company that does not currently have any material assets. "
target: Tigrent Inc.
Tigrent is a leading provider of tools and training programs that help customers acquire learning they can apply to accumulate wealth. Comprehensive instruction and mentorships are offered in real estate investing, financial instruments investing, entrepreneurship and personal finance.
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closed 7/31/2019 via BNC Analysis

Editions Lefebvre Sarrut SA, acquired Barchen

synopsis: The Lefebvre Sarrut group, a French leader in the legal and tax knowledge market, strengthens its offer in the training sector with a new acquisition of Bärchen, an independent French training organization specialized in training for companies, banks, management companies, market operators and insurers.
buyer: Editions Lefebvre Sarrut SA
Editions Lefebvre Sarrut is a French group that provides professional publishing and training to legal and tax professionals. Their training entities are composed of 150 employees, trainers, computer staff, commercial, marketing and support teams. "
target: Barchen
France-based Bärchen is an independent training organization specialized in training for companies, banks, management companies, market operators and insurers. Their courses are intended for all professionals and apprentices in banking, finance and insurance and are also open to jobseekers.
price ($mm)
$9.24
rev ($mm)
EBITDA ($mm)
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closed 3/6/2007 via PR Newswire

The CoDeX Group, acquired The CoDeX Group

synopsis: The CoDeX Group, a global leader in Anti-Money Laundering (AML) Compliance Consulting and Training, has been acquired by Fran Falino and Pablo Castano, two executives with extensive experience in the financial services and international remittance industries. Financial terms of the transaction were not disclosed.
buyer: The CoDeX Group
The CoDeX Group was founded to provide consulting and training solutions to financial services companies and money services businesses operating in the U.S., and through its nationwide field team has successfully deployed seminars, training workshops and face-to-face training. "
target: The CoDeX Group
The CoDeX Group was founded to provide consulting and training solutions to financial services companies and money services businesses operating in the U.S., and through its nationwide field team has successfully deployed seminars, training workshops and face-to-face training.
price ($mm)
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closed 4/9/2013 via PR Web

Greybull Stewardship, acquired Real Estate Institute

synopsis: Greybull Stewardship announces the acquisition of Real Estate Institute and its sister company, Bookmark Education. Real Estate Institute has been a leader in Illinois providing high quality online, classroom, and independent study programs for professional licensees.
buyer: Greybull Stewardship
Greybull Stewardship is an investment fund. It is building a portfolio of outstanding businesses and managers; providing stable and non-distracting ownership; and allowing the financial performance and competitive advantages of those businesses to grow over time. "
target: Real Estate Institute
Real Estate Institute offers online, classroom, and independent study programs for professional licensees in real estate, insurance, mortgage brokerage and lending, law and accounting professionals.
price ($mm)
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closed 3/20/2013 via BusinessWire

NewDay USA, acquired Abacus Mortgage Training and Education

synopsis: Chrysalis Holdings, LLC has acquired the intellectual assets of Abacus Mortgage Training and Education, a privately held company that is a leading provider of NMLS-approved loan officer training and education for mortgage originators. The company will join NewDay USA.
buyer parent: Chrysalis Holdings, LLC
buyer: NewDay USA
NewDay USA is a nationwide VA, FHA and reverse mortgage lender. The company focuses on helping active military personnel, veterans and their families, and the nation’s seniors achieve their financial and housing goals. "
target: Abacus Mortgage Training and Education
Abacus Mortgage Training & Education has established a reputation for exciting and cutting edge education and training that will keep mortgage originators up to date with regulatory changes and vital sales strategies to help guide them to success in the new era of lending.
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closed 3/12/2008 via Company Press Release

The Riverside Company, acquired TrainingPro

synopsis: The Riverside Company has completed its latest training company acquisition: TrainingPro, a leader in mortgage pre-licensing and continuing-education services for mortgage professionals. TrainingPro now becomes an add-on acquisition to TrainCo, Riverside’s holding company for multi-industry professional training providers.
buyer: The Riverside Company
The Riverside Company is the largest global private equity firm focused on the smaller end of the middle market and is one of the industry's most experienced leveraged buyout investors. Riverside specializes in investing in companies with enterprise values of less than $150 million. "
target: TrainingPro
TrainingPro is committed to providing superior educational programs and services to mortgage professionals nationwide. TrainingPro’s powerful training platform has been strategically developed using proven innovative technology to provide cutting-edge training programs.
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closed 5/24/2006 via PR Newswire

Kaplan Inc., acquired Tribeca Learning Limited

synopsis: Kaplan, Inc., which is owned by The Washington Post Company, announced that it has completed its acquisition of Tribeca Learning Limited for approximately A$56 million. The scheme of arrangement has been formally approved by Tribeca shareholders and the Federal Court of Australia.
buyer parent: The Washington Post Company
buyer: Kaplan Inc.
Kaplan, Inc., is a leading international provider of educational and career services for individuals, schools and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training and programs for kids and schools. "
target: Tribeca Learning Limited
Tribeca Learning is a leading provider of education to the Australian financial services sector. Its core business offering comprises the provision of accredited education courses and professional development training to financial institutions and their employees.
price ($mm)[EV]
$41 [$47]
rev ($mm)
$20
EBITDA ($mm)
$4
EV / rev
2.3x
EV / EBITDA
12.5x
closed 9/5/2013 via PE Hub

OnCourse Learning, acquired BankersEdge

synopsis: The Riverside Company has added Corporate Training Technologies, LLC (dba BankersEdge) to its OnCourse Learning (OnCourse) platform. Based in Norristown, Pennsylvania, BankersEdge provides regulatory, employment, and leadership training as well as compliance solutions for bank and credit union workers.
buyer parent: The Riverside Company
buyer: OnCourse Learning
OnCourse Learning is an education and compliance solutions provider for individuals, companies, educators, and government agencies seeking educational excellence, professional compliance, occupational tools, customized training solutions, and new careers. "
target: BankersEdge
BankersEdge provides regulatory, employment, and leadership training as well as compliance solutions for bank and credit union workers. Its courses are used for comprehensive training and regulatory updates by bankers, mortgage professionals and other financial services employees.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 3/31/2005 via PR Newswire

BAI, acquired Bankers Training & Consulting Company

synopsis: BAI, a leading professional services organization in the financial services industry, announced that it has purchased Bankers Training & Consulting Company, the financial services division of PRIMEDIA Inc.'s PRM Workplace Learning Division.
buyer: BAI
BAI is the financial services industry’s leading professional organization focused on enhancing employee and organizational performance. Through ground-breaking research and an award-winning magazine, Banking Strategies, BAI provides the latest insights on complex, strategic issues in financial ser "
target parent: Primedia, Inc.
target: Bankers Training & Consulting Company
Bankers Training is a leading provider of technology-based learning solutions that create value for its customers and alliance partners.
price ($mm)
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EBITDA ($mm)
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closed 8/20/2018 via BusinessWire

Moody's Corporation, acquired Omega Performance Corp.

synopsis: Moody’s Corporation announced that it has completed the acquisition of Omega Performance, a leading provider of online credit training. Founded in 1976 and based in Arlington, Virginia, Omega Performance is a business unit of TwentyEighty Inc.
buyer: Moody's Corporation (MCO:$4,496.60)
Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. "
target parent: Providence Equity Partners Inc.
target: Omega Performance Corp.
Since 1976, Omega Performance has been the training partner of choice for financial service organizations worldwide, from community-based credit unions to international banks. They offer a wide range of online credit training courses to clients worldwide and serve more than 300 customers.
price ($mm)
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closed 4/18/2006 via Company Press Release

United Communications Group L.P., acquired LoanToolbox

synopsis: UCG, one of the nation's leading providers of business information, tools and guidance for over two million professionals worldwide, has acquired LoanToolbox, a fast-growing provider of educational and marketing tools for mortgage originators.
buyer: United Communications Group L.P.
Based in Rockville, MD, UCG produces hundreds of products to the various industries it serves. UCG has 1,000 employees in seven states. The privately held company was recently named by Washingtonian Magazine as one of the great places to work in the nation's Capital. "
target: LoanToolbox
LoanToolbox is the leading provider of training and marketing solutions for the Mortgage Loan industry. LoanToolbox’s exclusive online community offers an Internet-based solution that combines interactive content aligned with the business needs and objectives.
price ($mm)
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closed 11/20/2019 via BNC Analysis

FinX, acquired Centre of Investment Education and Learning

synopsis: FinX, an Indian provider of integrated collaborative certification, has acquired a 51% stake in Centre of Investment Education and Learning (CIEL), an Indian learning solutions company focused on the investments and financial services sector. CIEL offers online courses and training programs for accounting, taxation, insurance, and more.
buyer: FinX
FinX is an Indian provider of integrated collaborative certification. FinX's Chartered Financial Expert (CFX) is a six-month short-term professional certification targeted at candidates who are looking for a successful career in the Banking, Financial Services and Insurance Industry. "
target: Centre of Investment Education and Learning
Centre of Investment Education and Learning (CIEL) is an Indian learning solutions company focused on competency building for the investments and financial services sector. CIEL offers online courses and training programs for accounting, taxation, insurance, stock broking, and more.
price ($mm)
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closed 5/4/2011 via Market Wire

International Risk Management Institute, acquired WebCE

synopsis: International Risk Management Institute, Inc. (IRMI) has acquired WebCE, the world's largest provider of continuing education (CE) for insurance and risk management professionals. The company will continue delivering both online and paper-based courses from its state-of-the-art delivery platform.
buyer: International Risk Management Institute
International Risk Management Institute, Inc. is a Dallas-based research, publishing, and educational organization focusing on insurance and risk management. "
target: WebCE
Founded in 1992, WebCE, Inc. is the leading nationwide supplier of state-of-the-art continuing education and pre-license training courses to insurance professionals and financial planners.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/18/2018 via BNC Analysis

OneVue Holdings Limited, acquired No More Practice Education Pty Ltd

synopsis: OneVue announced the acquisition of online video learning platform No More Practice Education, a leader in digitally delivered education to financial advisers, accountants and brokers. No More Practice Education is a fully CPD-accredited, online learning business with a focus on high production values, engagement and learning from industry experts.
buyer: OneVue Holdings Limited
OneVue is a fintech company evolving the way Australians manage their investments in a digital environment. They provide wholesale services to the wealth management industry with a focus on superannuation. Their wealth management platforms help provide the ultimate end-to-end investment experience. "
target: No More Practice Education Pty Ltd
No More Practice Education is a fully CPD-accredited, online learning business for financial professionals with a focus on high production values, engagement and learning from the best industry experts. Their video led online learning resources are utilised by 22,000 finance professionals.
price ($mm)
$0.85
rev ($mm)
$1
EBITDA ($mm)
EV / rev
2.8x
EV / EBITDA
announced 7/22/2015 via Company Press Release

CallidusCloud, will acquire BridgeFront

synopsis: Callidus Software Inc., a global leader in cloud-based sales, marketing, learning and customer experience solutions, announced it has entered into a definitive agreement to acquire BridgeFront LLC, a leading provider of healthcare insurance and compliance education content.
buyer: CallidusCloud (CALD:$239.66)
CallidusCloud is the leading provider of sales and marketing effectiveness software. CallidusCloud enables organizations to accelerate and maximize their lead to money process with their complete suite of solutions. "
target: BridgeFront
Rated as a top-tier provider by its clients, BridgeFront delivers innovative online education to healthcare, government, business and education - large and small.
price ($mm)
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closed 7/5/2016 via BusinessWire

Loscalzo Associates, acquired Nichols Patrick CPE

synopsis: Loscalzo Associates, a leading provider of LIVE CPE programs servicing the accounting profession, announced the acquisition of Nichols Patrick CPE, a continuing education provider specializing in tax training. Loscalzo Associates and Nichols Patrick CPE are the premier providers of LIVE CPE programs servicing the accounting profession.
buyer parent: Graham Holdings Company
buyer: Loscalzo Associates
Loscalzo Associates, Ltd, a SmartPros Company, has been one of the premiere providers of LIVE CPE programs servicing the accounting profession. Their clients include State CPA Societies and Associations, regional to small public accounting firms and individual CPAs throughout the United States. "
target: Nichols Patrick CPE
Nichols Patrick CPE is recognized as a leader in developing and presenting live seminars and web based training for CPAs who need to expand or update their knowledge of federal and state tax laws. Their Tax Update programs have been a highly rated staple of many CPE programs for over 25 years.
price ($mm)
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closed 6/3/2019 via BusinessWire

Adtalem Global Education Inc., purchased Financial Services Business from OnCourse Learning

synopsis: Adtalem Global Education has acquired the financial services division of OnCourse Learning. The division includes sub-brands such as BankersEdge and Total Training Solutions, leading providers of compliance training to the banking and credit union markets, as well as OnCourse Learning’s mortgage licensing and continuing education programs.
buyer: Adtalem Global Education Inc. (ATGE:$1,231.21)
Adtalem Global Education Inc. is a leading global education provider and the parent organization of Adtalem Educacional do Brasil, American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College, Chamberlain University and more. "
seller parent: Bertelsmann SE & Co. KGaA
seller: OnCourse Learning
The acquisition includes the financial services portfolio of OnCourse Learning, including BankersEdge and Total Training Solutions, leading providers of compliance training to the banking and credit union markets, as well as OnCourse Learning’s mortgage licensing and continuing education programs.
price ($mm)
$121
rev ($mm)
$31
EBITDA ($mm)
EV / rev
3.9x
EV / EBITDA
closed 1/8/2008 via BusinessWire

Moody's Corporation, acquired Financial Projections Limited

synopsis: Moody’s Analytics, a division of Moody’s Corporation has acquired Financial Projections Limited, a UK-based provider of credit training services. Terms of the transaction are not being disclosed.
buyer: Moody's Corporation (MCO:$4,496.60)
Moody's Corporation is the parent company of Moody's Investors Service, a leading provider of credit ratings, research and analysis covering debt instruments and securities in the global capital markets, Moody's Economy.com, a provider of economic research and data services and Moody's KMV. "
target: Financial Projections Limited
Financial Projections is a leading provider of in-house credit training services, with long-standing relationships among European banks and a strong reputation within the industry.
price ($mm)
$5.87
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/20/2013 via PR Web

Indecomm Global Services, acquired Mortgage U, Inc.

synopsis: Indecomm Global Services, a leader in business process outsourcing and learning solutions, has acquired the assets of Mortgage U, Inc., a recognized leader in mortgage training. The acquisition will allow Indecomm to expand its learning and mortgage training offerings as well as its total compliance support and consulting.
buyer: Indecomm Global Services
Indecomm Global Services offers consulting, outsourcing, learning, and technology solutions Its title and settlement services platform-based solutions include title search and typing through iTitleHub™, post-closing through Dynamic Doc Hub™, and eRecording through InteleDoc Direct™ . "
target: Mortgage U, Inc.
Mortgage U, Inc. is a recognized leader in mortgage training. Mortgage U's Health Check enables companies to measure and monitor their policies and procedures. Mortgage U also offers state-of-the-art policy and procedure manuals, which have become industry standards.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 1/10/2007 via BusinessWire

WebCE, acquired AplusOnlineCE.com

synopsis: WebCE, the nationwide provider of continuing education services for financial services professionals, has acquired APlusOnlineCE.com, a Newport News-based continuing education provider. The acquisition will strengthen WebCE’s curriculum for Certified Financial Planners® and gives APlusOnline customers access to WebCE’s 150 insurance CE courses.
buyer: WebCE
WebCE is a nationwide supplier of state-of-the-art continuing education courses to licensed insurance professionals and financial planners. WebCE provides an integrated suite of continuing education courses and testing services that are delivered either electronically or through traditional books. "
target: AplusOnlineCE.com
A Plus Online CE is dedicated to providing quality CFP® Continuing Education. Most of APlusOnlineCE's 60+ Certified Financial Planner Courses are also approved for state insurance CE.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/10/2014 via PR Newswire

Priced In Corp., merged with Tigrent Inc.

synopsis: Tigrent Inc. and Priced In Corp. jointly announced that they had closed on a transaction whereby Priced in Corp. acquired the business of Tigrent Inc. in exchange for an 80% percent interest in Priced In Corp. Tigrent is a leading provider of tools and training programs that help customers acquire learning they can apply to accumulate wealth.
buyer: Priced In Corp.
Priced in Corp. is a shell company that does not currently have any material assets. "
target: Tigrent Inc.
Tigrent is a leading provider of tools and training programs that help customers acquire learning they can apply to accumulate wealth. Comprehensive instruction and mentorships are offered in real estate investing, financial instruments investing, entrepreneurship and personal finance.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/31/2019 via BNC Analysis

Editions Lefebvre Sarrut SA, acquired Barchen

synopsis: The Lefebvre Sarrut group, a French leader in the legal and tax knowledge market, strengthens its offer in the training sector with a new acquisition of Bärchen, an independent French training organization specialized in training for companies, banks, management companies, market operators and insurers.
buyer: Editions Lefebvre Sarrut SA
Editions Lefebvre Sarrut is a French group that provides professional publishing and training to legal and tax professionals. Their training entities are composed of 150 employees, trainers, computer staff, commercial, marketing and support teams. "
target: Barchen
France-based Bärchen is an independent training organization specialized in training for companies, banks, management companies, market operators and insurers. Their courses are intended for all professionals and apprentices in banking, finance and insurance and are also open to jobseekers.
price ($mm)
$9.24
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/6/2007 via PR Newswire

The CoDeX Group, acquired The CoDeX Group

synopsis: The CoDeX Group, a global leader in Anti-Money Laundering (AML) Compliance Consulting and Training, has been acquired by Fran Falino and Pablo Castano, two executives with extensive experience in the financial services and international remittance industries. Financial terms of the transaction were not disclosed.
buyer: The CoDeX Group
The CoDeX Group was founded to provide consulting and training solutions to financial services companies and money services businesses operating in the U.S., and through its nationwide field team has successfully deployed seminars, training workshops and face-to-face training. "
target: The CoDeX Group
The CoDeX Group was founded to provide consulting and training solutions to financial services companies and money services businesses operating in the U.S., and through its nationwide field team has successfully deployed seminars, training workshops and face-to-face training.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/9/2013 via PR Web

Greybull Stewardship, acquired Real Estate Institute

synopsis: Greybull Stewardship announces the acquisition of Real Estate Institute and its sister company, Bookmark Education. Real Estate Institute has been a leader in Illinois providing high quality online, classroom, and independent study programs for professional licensees.
buyer: Greybull Stewardship
Greybull Stewardship is an investment fund. It is building a portfolio of outstanding businesses and managers; providing stable and non-distracting ownership; and allowing the financial performance and competitive advantages of those businesses to grow over time. "
target: Real Estate Institute
Real Estate Institute offers online, classroom, and independent study programs for professional licensees in real estate, insurance, mortgage brokerage and lending, law and accounting professionals.
price ($mm)
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closed 3/20/2013 via BusinessWire

NewDay USA, acquired Abacus Mortgage Training and Education

synopsis: Chrysalis Holdings, LLC has acquired the intellectual assets of Abacus Mortgage Training and Education, a privately held company that is a leading provider of NMLS-approved loan officer training and education for mortgage originators. The company will join NewDay USA.
buyer parent: Chrysalis Holdings, LLC
buyer: NewDay USA
NewDay USA is a nationwide VA, FHA and reverse mortgage lender. The company focuses on helping active military personnel, veterans and their families, and the nation’s seniors achieve their financial and housing goals. "
target: Abacus Mortgage Training and Education
Abacus Mortgage Training & Education has established a reputation for exciting and cutting edge education and training that will keep mortgage originators up to date with regulatory changes and vital sales strategies to help guide them to success in the new era of lending.
price ($mm)
rev ($mm)
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closed 3/12/2008 via Company Press Release

The Riverside Company, acquired TrainingPro

synopsis: The Riverside Company has completed its latest training company acquisition: TrainingPro, a leader in mortgage pre-licensing and continuing-education services for mortgage professionals. TrainingPro now becomes an add-on acquisition to TrainCo, Riverside’s holding company for multi-industry professional training providers.
buyer: The Riverside Company
The Riverside Company is the largest global private equity firm focused on the smaller end of the middle market and is one of the industry's most experienced leveraged buyout investors. Riverside specializes in investing in companies with enterprise values of less than $150 million. "
target: TrainingPro
TrainingPro is committed to providing superior educational programs and services to mortgage professionals nationwide. TrainingPro’s powerful training platform has been strategically developed using proven innovative technology to provide cutting-edge training programs.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 5/24/2006 via PR Newswire

Kaplan Inc., acquired Tribeca Learning Limited

synopsis: Kaplan, Inc., which is owned by The Washington Post Company, announced that it has completed its acquisition of Tribeca Learning Limited for approximately A$56 million. The scheme of arrangement has been formally approved by Tribeca shareholders and the Federal Court of Australia.
buyer parent: The Washington Post Company
buyer: Kaplan Inc.
Kaplan, Inc., is a leading international provider of educational and career services for individuals, schools and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training and programs for kids and schools. "
target: Tribeca Learning Limited
Tribeca Learning is a leading provider of education to the Australian financial services sector. Its core business offering comprises the provision of accredited education courses and professional development training to financial institutions and their employees.
price ($mm)[EV]
$41 [$47]
rev ($mm)
$20
EBITDA ($mm)
$4
EV / rev
2.3x
EV / EBITDA
12.5x

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