![]() “The acquisition of OnCourse Learning is an important strategic step for Bertelsmann in several respects,” said Thomas Rabe, chairman and chief executive officer of Bertelsmann, in a statement. OnCourse’s financial services and real estate offerings “will be continued as a separate business in the future,” the announcement says. The company plans to combine OnCourse’s health care division with its Relias subsidiary, which also provides online health care education. The acquisition of OnCourse expands Bertelsmann’s U.S. Bertelsmann has 119,000 employees and reported $20.1 billion in 2017 revenue. It took a 75 percent ownership stake in Penguin Random House last year, and also owns online education provider Relias and magazine publisher Gruner + Jahr. About 750,000 people and 19,000 businesses use OnCourse each year.īertelsmann is a global media, services and education company. It now has about 375 employees and an online library of around 22,000 courses used for corporate and advanced training in the health care, financial services and real estate sectors. In January, it announced the acquisition of Lake Geneva-based Wound Care Education Institute Inc., and in August, it announced the acquisition of Waunakee-based Total Training Solutions. The company, which was founded in 2007, has grown steadily via acquisition. 5000 list of the fastest-growing firms in the country, up from 3429 on the 2017 list. OnCourse was ranked at 2950 on the 2018 Inc. The transaction was described by Bertelsmann as “in the mid-nine-digit euro range.” Reuters pegged the deal at around $500 million. 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 is expected to close this fall, pending regulatory approval. OnCourse Learning may also be known as or be related to OCL Financial Services LLC, OnCourse Learning and Oncourse Learning.Patrick Sheahan Patrick Sheahan, president and CEO of OnCourse Learning.īrookfield-based professional training webinar provider OnCourse Learning is set to be acquired by German company Bertelsmann for a reported $500 million. The data presented on this page does not represent the view of OnCourse Learning and its employees or that of Zippia. None of the information on this page has been provided or approved by OnCourse Learning. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. ![]() The employee data is based on information from people who have self-reported their past or current employments at OnCourse Learning. Zippia gives an in-depth look into the details of OnCourse Learning, including salaries, political affiliations, employee data, and more, in order to inform job seekers about OnCourse Learning. OnCourse Learning is a medium education organization with 375 employees and an annual revenue of $31.0M that is headquartered in Wisconsin. Want to compare OnCourse Learning to some other great places to work in Wisconsin? We suggest taking a look at Zippia's list of Best Companies to Work For in Wisconsin. Founded in 2007, OnCourse Learning is an established organization that loves to hire graduates from Kennesaw State University, with 13.8% of its employees having attended Kennesaw State University. Founded in 2007, OnCourse Learning is a privately held company based in Milwaukee, WI. 5000 list as one of America's fastest growing companies. OnCourse Learning was recognized on the 2011 Inc. ![]() Customers choose from four proven brands for their personalized needs - ProSchools, TrainingPro, Quickcert, and AHIT. 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. ![]() OnCourse Learning helps people get started and succeed in their chosen professions. ![]()
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