Press Release

Released April 6th, 2015

Learning House Announces Intent to Acquire Software Craftsmanship Guild, Leading Coding Bootcamp

Poised to take Advantage of Significant Need for IT Skills and to Help Colleges and Universities Compete in Changing Education Landscape

Louisville, Ky. – (April 6, 2015)

The Learning House, Inc. (“Learning House”), a leading cloud based technology provider of solutions that enable universities to thrive in today’s dynamic education landscape, announced today its intent to acquire the Software Craftsmanship Guild. Founded in 2013, the Software Craftsmanship Guild is one of the nation’s top coding bootcamp providers for training the next generation of software developers.

The two companies previously collaborated in establishing a bootcamp at Concordia University, St. Paul in St. Paul, Minnesota. Based on their success offering a first of its kind bootcamp that enables students to rapidly gain market relevant IT skills through partnership with an accredited higher education institution, they have agreed to combine resources and expand nationally. This model allows students to earn credit towards their bachelor’s degree as well as take advantage of all of the learning assets of a higher education institution including financial aid, providing a broader educational experience and opening up access to a previously untapped segment of students.

“The more than 500,000 unfilled jobs today in fields like software development, network administration, and cybersecurity, coupled with President Obama’s TechHire initiative to build the technology workforce highlight a critical need,” said Todd Zipper, President and CEO of Learning House. “The acquisition of the Software Craftsmanship Guild will position us perfectly to meet these demands, immediately creating an accessible bootcamp offering for students and higher education institutions across the country, and ultimately providing employers with the high tech talent they desperately need. This move will further Learning House’s initiative to develop market-driven curriculum in the technology space and help meet the needs of higher education institutions in a rapidly changing landscape.”

“The Software Craftsmanship Guild has a 96% job placement rate and each year, our classes in Akron, Ohio fill months in advance with students from around the world, which speaks to the global demand for these kinds of programs,” said Eric Wise, Founder & Chief Academic Officer of the Software Craftsmanship Guild. “It has always been my dream to take the high-quality work we’ve done and bring it to a national scale. Learning House has the expertise and capabilities to help us accomplish this goal, including the ability to enhance what is already a robust curriculum. Learning House also shares our commitment for improving the state of education more broadly, and I’m excited about the future prospects for the business.”

Learning House plans to replicate this model nationally in a number of cities as well as use its cloud based platform to enhance the program’s online modality. Learning House intends to rebrand the Software Craftsmanship Guild to the Software Guild.

The acquisition comes on the heels of news that put Learning House in the spotlight last week. The city of Louisville announced that Learning House will be its bootcamp provider, marking the second location for Learning House’s coding bootcamp initiative. Louisville is one of 21 cities partnering with the Obama administration on TechHire, an initiative to connect middle-class Americans to technology jobs. Louisville hosted the President at a press conference touting the importance of technology, including bootcamp programs, to the city.

“Working with Learning House and the Software Craftsmanship Guild allowed us to offer students in Minnesota an immersive experience that prepares them not only for the jobs of today, but also for the industries of tomorrow,” said Eric LaMott, Senior Vice President and Chief Operating Officer at Concordia University, St. Paul. “The development of this program supports our goal of being responsive to the needs of today’s students and relevant to the skills employers seek.”

Learning House is owned by Weld North Holdings LLC (Weld North), an investment company founded by former Kaplan, Inc. CEO Jonathan Grayer in partnership with Kohlberg Kravis Roberts & Co. (KKR). Weld North invests and operates companies in education, among other industries, and has experience building significant businesses in the online education industry that play a role in tackling the country’s difficult education challenges.

About Learning House

The Learning House, Inc. through its proprietary cloud based technology platform helps colleges and universities create, manage and grow high-quality online degree programs and courses. Partnering with more than 75 schools, Learning House enables institutions to efficiently and affordably achieve their online education goals. Services include product development and market research, marketing and lead generation, enrollment management, student retention, curriculum development and management, faculty training and professional development, learning management systems and 24/7 technical support.

About the Software Craftsmanship Guild

Software Craftsmanship Guild is a coding bootcamp located in Akron, Ohio that teaches people from around the world to become software developers in 12 weeks. The mission is to help people who are passionate about technology quickly and effectively gain the skills necessary to build a career in IT and development. The Software Craftsmanship Guilds curriculum includes Microsoft .NET™ and Open Source / Oracle Java™ – the languages most in demand by employers in the Midwest.
 

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