June 7, 2016 – For immediate release
NeuKinetics LLC acquires Cognistar brand and product division from SmartPros, Ltd
Columbus, Ohio –NeuKinetics LLC, a provider of online courses and publications for professional and consumer education in the Engineering, Supply Chain, Legal, and Health and Wellness markets, has agreed to acquire the Cognistar brand and four related product lines from SmartPros, Ltd. The product lines provide e-learning courses and self-study publications for continuing education programs and exam preparation for professional licensing in the engineering, supply chain management, legal and health and safety fields. Terms of the acquisition were not disclosed.
“Adding the Cognistar brand and SmartPros product lines will strengthen NeuKinetics position in the professional and consumer markets, providing a robust learning platform to launch new digital products and services to meet the needs of the existing markets. Additionally, it will help us better serve specialty markets such as Health and Wellness for movement disorders, and the healthcare professional that work in these markets,” said Mark R. Luciano, CEO of NeuKinetics LLC. “Cognistar.com is a well-known brand in the continuing professional education space and it will continue to be the trusted, go-to brand of choice.” Luciano started NeuKinetics in 2014 after working at SmartPros for nearly nine years.
NeuKinetics will offer the acquired lines under the Cognistar brand expanding its offerings with updated content and new courses. NeuKinetics will continue to deliver the online Cognistar courses over SmartPros’ eCampus LMS, ensuring minimal disruption to customers.
“SmartPros was looking for a buyer with both the ability and proven experience to continue to offer high quality professional continuing education and exam preparation to meet our customer’s ongoing needs. Mark’s success at SmartPros and his familiarity with the products makes this a great fit for both organizations and our customers”, said Joyce Schnur, Dean, Kaplan School of Professional & Continuing Education and Vice President, Financial Services.
About NeuKinetics LLC
NeuKinetics LLC is a Columbus, Ohio-based company that provides online courses and publications for professional and consumer education in the Engineering, Supply Chain, Legal, and Health and Wellness markets.
NeuKinetics’ education courses are developed in conjunction with top subject matter experts from the private and academic sector that provide a body of knowledge based on their experience and research. NeuKinetics delivers this knowledge in multimedia formats, including e-learning and publications, ranging from consumer education products to professional practice certification, continuing education and exam prep. To learn more, go to www.cognistar.com.
Founded in 1981, SmartPros Ltd. is an industry leader in the field of accredited professional education and corporate training. Its products and services are primarily focused in the accredited professional areas of corporate accounting, financial management, public accounting, governmental and not for-profit accounting, financial services and compliance. It was acquired by Kaplan Inc., in December 2015. Kaplan, Inc. serves over 1.2 million students globally each year through its array of higher education, test preparation, professional education, English-language training, and university preparation, and offerings to individuals, institutions, and businesses. Kaplan is a subsidiary of Graham Holdings Company (NYSE:GHC) and its largest division. For more information, please visit www.kaplan.com.
Mark Luciano, (614) 620-1206
Stephen White, 954-515-4124