John Wiley & Sons, Inc. has completed its acquisition of Learning House from Weld North Holdings for $200 million. The combination of Learning House and Wiley Education Services creates a leading provider of tech-enabled education services for colleges and universities.
Headquartered in Louisville (KY), Learning House provides online program management (OPM) services including graduate and undergraduate programs; short courses, boot camps, and other skills training and credentialing for students and professionals; pathway services for international students; professional development services for teachers; and learning solutions for corporate clients. Revenue for fiscal year 2018 ending December 31 is projected to be approximately $70 million.
“We are thrilled to welcome our new Learning House colleagues into the Wiley family,” said Brian Napack, President and CEO of Wiley. “For 210 years, we have been pursuing a mission to improve the human condition through the advancement of knowledge and learning. The addition of Learning House extends our position as the service partner of choice for universities working to help students achieve their goals in education and throughout their careers.”
Learning House will integrate with Wiley Education Services to create a leader in the $2.3 billion online program management (OPM) market, with approximately $200 million in combined annual revenue, more than 60 university partners ranging from national institutions to regional schools, over 800 online graduate and undergraduate degree programs across disciplines, and targeted university services such as student recruitment and enrollment. The additional capabilities, expanded resources, and staffing provided by Learning House enables Wiley to partner even more broadly with universities and employers, providing more students with access to a high-quality education that can prepare them with the skills they need to find the right job and advance throughout their careers.
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