CeriFi, a Portfolio Company of Leeds Equity Partners, Completes Acquisition of Lone Star Financial Education’s Certified Financial Planning Assets
New York, USA — April 5, 2019. CeriFi, a Leeds Equity Partners portfolio company, today announced the acquisition of the Certified Financial Planner (“CFP”) exam preparation assets of Lone Star Financial Education (“Lone Star CFP”). Lone Star CFP represents the fifth acquisition for CeriFi, a leading provider of financial education, training and certification solutions to the financial services industry. As part of the transaction, Dr. Craig Lemoine, Ph.D., the Founder of Lone Star, will be joining the CeriFi and Dalton Education team as a senior faculty member. Terms of the transaction were not disclosed.
Joe Gillice, President of Dalton Education, said “Lone Star has built an impressive library of CFP exam preparation content, including a rich database of CFP practice questions, study guides and case studies. We are excited to leverage this content as well as Dr. Lemoine’s impressive teaching to further distinguish our CFP exam preparation course.”
Dr. Craig Lemoine, Ph.D., Founder of Lone Star, said “I am thrilled to partner with Joe Gillice and the CeriFi and Dalton Education team as they have consistently emphasized excellent student outcomes as their top priority. I am excited that Lone Star’s differentiated library of CFP content and materials will be paired with Dalton Education’s leading CFP education and exam preparation offerings to drive improved performance.”
“CeriFi’s mission is to deliver best-in-class education and training to the financial services industry,” said Eric Geveda, Managing Director at Leeds Equity Partners. “Lone Star CFP will add depth to Dalton’s CFP exam preparation content, and with the addition of Dr. Lemoine, expand our roster of leading faculty and advisors.”
About Leeds Equity Partners:
Leeds Equity Partners, LLC, is a New York-based private equity firm focused exclusively on investing in the education, training information services and software sectors (the “Knowledge Industries”). Since 1993, Leeds Equity has provided more than $2.6 billion of private equity capital to a broad spectrum of companies across the Knowledge Industries. Leeds Equity seeks to leverage its sector-focused expertise and market insights to create long term value for its portfolio companies.
For additional information on Leeds Equity Partners, see http://www.leedsequity.com/
CeriFi, formed in 2017, is a diversified education, training and certification provider serving professionals across the financial services market. To-date, CeriFi has made five acquisitions, including Dalton Education, Money Education, Keir Financial Education, Pass Perfect and Lone Star CFP.
For additional information on CeriFi, see https://www.cerifi.com/
About Lone Star CFP:
Lone Star CFP is a Texas based provider of exam preparation products to the CFP market. Lone Star was founded in 2015 by Dr. Craig Lemoine, who has been a professor in the financial planning industry for over 15 years.
For additional information on Lone Star, see https://www.lonestarfe.com/
About Dalton Education:
Dalton Education is a leading provider of Certified Financial Planner (“CFP”) education and exam preparation solutions. Dalton Education’s CFP education course is a 9-month course that satisfies the requirements to sit for the CFP exam and its exam preparation course is a 2-month course that prepares students to take the CFP exam. Dalton Education provides its high-quality CFP education in partnership with leading university partners.
For additional information on Dalton Education, see https://dalton-education.com/