Sep 14, 2021

eLearning Platform Diversifies Offering by Product and End Market September 14, 2021 06:00 AM Eastern Daylight Time ORLANDO, Fla.--( BUSINESS WIRE )--American Safety Council (“ASC”), a leading national provider of critical training, education, and certification solutions to regulated end markets, today announced the acquisition of At Your Pace Online (“AYPO”), a leading provider of online professional licensure and state-mandated continuing education for building and construction, real estate, electrical, plumbing, HVAC, insurance, and other professional end markets. Financial terms of the transaction were not disclosed. “AYPO and ASC share the same mission of providing the best online learning experience for students operating in a fast-paced professional environment,” said Mike Melvin, CEO of AYPO. “We have known the ASC team for several years and are like-minded in our approach to customer service and company culture. This is an exciting opportunity for AYPO to join a powerful platform and further enhance our offering and market reach.” “At Your Pace Online is very complementary to ASC given the company’s high-quality, digital, asynchronous training model,” said John Comly, CEO of American Safety Council. “As a combined business, we offer more content that covers a broader set of adjacent vocations, including real estate and insurance, and continue to heavily invest in the underlying technology engine to create new capabilities for AYPO. I have known Mike for a few years and have watched – with great admiration – what he and his team have built. It’s a great day for ASC; we are excited to welcome AYPO and their great team to our family of companies.” American Safety Council is a portfolio company of Ridgemont Equity Partners, a middle market private equity firm. ASC and Ridgemont are actively seeking acquisition candidates that are established leaders in the online training and education sectors. About American Safety Council Based in Orlando, Florida, American Safety Council provides critical training and education to more than two million customers each year. ASC collaborates with federal and state agencies, higher learning institutions, trade associations and iconic industry brands to ensure the content of the Company’s online courses is best-in-class and compliant with applicable laws, regulations or industry standards. American Safety Council is committed to helping people live safer, more productive lives with current training offerings focused on workplace safety, driver safety, and other vocational certifications. www.americansafetycouncil.com About Ridgemont Equity Partners Ridgemont Equity Partners is a Charlotte-based middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested over $5 billion. The firm focuses on equity investments up to $250 million and utilizes a proven, industry-focused investment approach and repeatable value creation strategies. Ridgemont’s most recent flagship fund, REP III, was formed in 2018 and has $1.65B of committed capital. www.ridgemontep.com Contacts