We would like to inform you of SmartPros acquisition by Kaplan Inc., a leading global provider of education, training, and certification for organizations and individuals. Kaplan completed its acquisition of SmartPros Ltd. (NASDAQ-CM: SPRO), on December 22, 2015. We are extremely pleased to have SmartPros join the Kaplan Professional Education team. This acquisition will enhance SmartPros’ services to you, our valued customers, both domestically and globally.
SmartPros will continue to deliver the strong programs it currently offers. SmartPros’ continuing education courses in accountancy for professionals in the United States will provide a domestic complement to Kaplan’s existing global accountancy training programs. This acquisition will not only strengthen the product offerings of the combined entity, but it will also allow us to better meet the needs of the changing professional development marketplace.
Kaplan has operations in over 30 countries, employs more than 23,000 professionals, and maintains relationships and partnerships with more than 2,600 corporations and businesses around the world. Kaplan Professional Education is a premier provider of licensing exam prep, continuing education, and professional development for businesses and individuals in the accounting, insurance, securities, real estate, financial planning, and information technology industries. Through classroom instruction and online courses, Kaplan helps customers comply with regulatory requirements and earn advanced professional designations to help them progress in their careers.
Kaplan is a subsidiary of Graham Holdings Company (NYSE: GHC) and is its largest division. For more information, please feel free to contact us or visit www.kaplan.com.
We will continue to update you regarding the value this acquisition can offer you. In the meantime, I’d like to extend our wishes to you for a successful 2016.