Thomson Reuters Acquires Bisk Education CPE and CPA Test Preparation Division
by Terri Eyden on
Bisk Education, one of the nation's largest providers of online education from America's leading universities, has sold its Continuing Professional Education (CPE) and test preparation services for the Uniform Certified Public Accountant Examination (CPA Exam) to Thomson Reuters Tax & Accounting Business.
Included in the sale is Bisk CPEasy, America's best-selling CPE programs for public and industry CPAs since 1971. With more than 300 continuing professional education programs in a variety of multimedia formats, including online, video, and live webcasts, CPEasy complements the existing Thomson Reuters CPE line of business. Also included in the sale is Bisk's CPA Review, with its remarkable record of helping more than 150,000 CPA candidates pass the CPA Exam.
"We believe that this transaction is a win for both organizations as well as our accounting and tax customers," said Nathan Bisk, founder, chairman, and CEO of Bisk Education. "Going back forty-two years, Bisk CPA Review and CPEasy provided the base from which we grew the company. With this sale we now have a single focus toward our online higher education business. Thomson Reuters and our customers will benefit as the CPEasy and CPA Review product lines will be supported by the world's leading source of intelligent information in the tax and accounting marketplace."
Bisk added that, "We are now totally focused on the online higher education market. Our primary goal continues to be the expansion of our University Alliance and US News University Directory divisions. We are looking forward to the addition of new universities and expanding the number of online degree and professional certificate offerings from our existing university partners."
Source: September 10, 2013, Bisk Education Press Release