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.
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OnCourse Learning is here to help you through every step of your mortgage lending career – getting your MLO license, renewing your MLO license and helping you become an #MLOrockstar.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. Choose from online self-paced video, online self-paced text, online instructor lead (OIL) and webinar - any of which can be completed anywhere at anytime. Our training is available in multi-modal formats that cater to every learning style. We're passionate about connecting students with the professional development solutions they need - at any career stage. Professional development training is an investment you can make in yourself to help advance your mortgage career, grow your business, and make the commitment to lifelong learning. Our mortgage CE courses are updated annually with fresh content and are NMLS-approved. We offer a complete library of NMLS approved mortgage continuing education (CE) to help Mortgage Loan Originators stay licensed. Take your Mortgage license test prep to the next level with Prep xL where you’ll get personalized study materials and customized learning paths all designed to help you pass the NMLS mortgage license exam on your first try. Our exam preparation courses help aspiring MLOs prepare for the NMLS license test. We’ve got what you need – our NMLS approved national pre-license and state-specific elective courses - approved for all 50 states - fulfill the education requirements to take the NMLS exam.
Want to become a licensed mortgage loan originator (MLO)? Plus, over the course of our 40+ year history we have trained over 200,000 individuals with our engaging NMLS approved licensure and continuing education courses.
Over 10,000 financial institutions and partners have adopted OnCourse Learning solutions to efficiently manage complexity, change and growth. Education to Support Your Mortgage Loan Officer (MLO) Career
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