Career Step Positioned for Greater Growth and Continued Success through Acquisition by Revelstoke Capital Partners
Career Step is pleased to announce its acquisition by Revelstoke Capital Partners, positioning the company for greater growth and continued success by providing strategic guidance and additional capital.
- (1888PressRelease) February 13, 2015 - Career Step, an online provider of career-focused education and corporate training, is pleased to announce its acquisition by Revelstoke Capital Partners, positioning the company for greater growth and continued success. Through this acquisition, Revelstoke will provide Career Step strategic guidance and additional capital as Career Step works to become the preeminent training organization within the nationwide career education space.
"Our partnership with Revelstoke represents a major milestone for Career Step," said Career Step CEO Steve Tober. "We have the benefit of almost 25 years of experience educating, training and serving our learners, and yet this new opportunity puts us in a position to expand beyond our traditional organic growth. We will now have greater capability to expand our content and reach in the marketplace while continuing to deliver exceptional outcomes for our students, graduates, partners and corporate clients. Our partnership with Revelstoke will position us to quickly move toward our goal of being one of the fastest growing and best places to work in Utah and across the nation."
Career Step will continue providing high quality, career-focused online training programs to students and corporate employees alike. Revelstoke will provide strategic guidance and additional capital to accelerate Career Step's organic growth, pursue selective acquisitions and continue to leverage its scalable business model.
"We are enthusiastic about the prospect of working with an extremely talented and experienced management team to grow Career Step and further solidify its position as a leader in the online education and training industry," said Mark King, CEO, Managing Partner and Co-Founder of Revelstoke. "Career Step's programs are tailored to be cost effective and short in duration with the objective of conveying career-specific skills, creating a compelling value proposition for its learners."
Career Step was founded in 1992 when it began offering a single correspondence course in medical transcription. A number of courses have been added to the Career Step catalog since its founding-with the primary focus remaining in healthcare-and all Career Step curriculum moved to an online learning platform in 1999. Within the past several years, Career Step also began offering professional development education programs to a number of healthcare clients throughout the country through its Corporate Training Division.
For more information on any of the products and services offered by Career Step, visit CareerStep.com or call 1-800-246-7837.
About Career Step
Career Step, an online provider of career-focused education and corporate training, has trained over 85,000 students, has more than 150 partnerships with colleges and universities nationwide, and provides training for several of the most respected healthcare employers in the nation. Career Step is committed to helping students and corporate employees alike gain the skills they need to be successful in the workplace, improving lives and business results through education. Career Step's training programs are currently focused in healthcare, technology and administration, and more information can be found at www.careerstep.com or 1-800-246-7836.
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