Washington Post Acquires Lead Generator CourseAdvisor.com
By Joseph Weisenthal - Thu 11 Oct 2007 12:43 PM PST
The Washington Post Company (NYSE: WPO) has announced the acquisition of CourseAdvisor.com, an online lead generator serving the education industry. The Wakefield, MA.-based company matches up students with suitable degree or certificate-granting programs across 800 institutions. Founded in 2004, the company did an initial $12 million round in 2006 led by ABS Capital, in which The Washington Post (also the owner of education services firm Kaplan, and hence the acquisition) took part. Courseadvisor founder and CEO Greg Titus was formerly the head of online education firm Acadient. Terms of the acquisition were not disclosed. Release.
Posted in: Companies, WaPo, VC+M&A
