US Bank provided financing for the transaction. Riverside will leverage its resources and experience in the education and training industry to continue to grow the combined company.
Atlanta, GA-based CompuTaugh provides online training courses and print resources for real estate broker, appraisal, mortgage and home inspection licensing.
It sells through a partner affiliate and school distribution network and via careerwebschool.com and californialicense.com.
Led by CEO Patrick Sheahan and based in Waukesha, Wisconsin, OnCourse had already acquired four companies, including:
– QuickCert.com (2007),
– American Home Inspectors Training Institute (2007),
– TrainingPro (2008) and
– ProSchools (2010).