KAPLAN ACQUIRES CANADIAN TEST PREP FIRM U.S. CPA SUCCESS
New York, NY, May 30, 2007 – Kaplan, Inc. the global education firm provider, has acquired the Canadian test preparation firm U.S. CPA Success, based in Toronto. Terms of the transaction were not disclosed.
Kaplan CPA Review, which on May 17 announced the release of new certified public accountant review materials, provides self-study materials in online, CD-ROM, video and textbook formats – as well as live classroom instruction.
U.S. CPA Success, formally known as U.S. ExamPrep Inc., offers intensive preparation sessions for the U.S. Uniform Certified Public Accountant test at locations in Toronto, Calgary, Vancouver, Montreal and Ottawa. It also offers guided self-study programs. In the U.S. Kaplan provides preparation for the CPA exam, along with training for a variety of other professional tests and certifications, including securities, insurance and real estate, along with higher education, test prep and language instruction programs.
“U.S. CPA Success has an outstanding record of preparing students for the demanding CPA exam. We are happy to welcome U.S. CPA Success to the Kaplan family,” said Dr. Andrew Temte, President, Kaplan CPA Review.
The firm will become part of Kaplan Canada, based in Toronto.
About Kaplan, Inc.
Kaplan, Inc. is a leading international provider of educational and career services for individuals, schools and businesses and is comprised of four areas of focus: Kaplan Kids and Schools, Kaplan Test Prep and Admissions, Kaplan Higher Education and Kaplan Professional. Kaplan, which had 2006 revenue of nearly $1.7 billion, is a subsidiary of The Washington Post Company (NYSE: WPO). For more information, please visit www.kaplan.com.
Press Contact
Jenna Shields
Director of Communications
312-894-0693
jenna.shields@kaplan.com
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