OnCourse Learning to be acquired for reported $500 million

Brookfield-based professional training webinar provider OnCourse Learning is set to be acquired by German company Bertelsmann for a reported $500 million. The transaction is expected to close this fall, pending regulatory approval … OnCourse was sold by New York private equity firm CIP Capital, which acquired the company in 2014 from Cleveland private equity firm The Riverside Co. The transaction was described by Bertelsmann as “in the mid-nine-digit euro range.” Reuters pegged the deal at around $500 million … The company, which was founded in 2007, has grown steadily via acquisition. In January, it announced the acquisition of Lake Geneva-based Wound Care Education Institute Inc., … read more