CIP Capital acquires OnCourse Learning

Special to The Freeman

March 5, 2014

WAUKESHA – CIP Capital, a New York private equity firm, has acquired Waukesha-based OnCourse Learning Co.

The online training company, which offers education courses and products for people in real estate, finance and insurance, said it has been fully refinanced by CIP.

“Today’s announcement is the next step in OnCourse’s growth as a leading provider of online professional training solutions. Through our partnership with CIP Capital, OnCourse will continue to expand its presence in our core verticals, while aggressively entering new markets that seek outsourced compliance solutions,” said Patrick Sheahan, Chief Executive Officer of OnCourse Learning.

The existing management team of OnCourse Learning will continue to lead the company going forward, the statement said.

“OnCourse has a successful history of working closely with state agencies, regulatory bodies and thought leaders to develop comprehensive training solutions that address constantly evolving requirements for professionals,” said Justin Lipton, managing director of CIP Capital. “We look forward to partnering with Pat and the rest of the OnCourse management team to continue to scale the business and expand its scope of services.”