SAN DIEGO, CA, March 15, 2012 — Essential Learning, LLC (“Essential Learning”), the leading provider of interactive e-learning solutions for behavioral and community health, substance abuse, corrections, developmental disability and child welfare organizations throughout North America today announced that it has been acquired by Vista Equity Partners (“Vista”), a private equity firm with $6 billion in committed capital. “We are excited to have found a great partner in Vista to help us grow our business further for the benefit of our customers and the markets we serve,” said Susan Erskine,Co-Founder and CEO of Essential Learning. “The breadth of operational experience that Vista brings to the table will help position Essential Learning for the future as we continue to provide leading e-learning solutions.”
Essential Learning’s senior management team will continue to lead the organization. In addition, after an exciting and successful career, Lorraine Watson, Co-Founder and President of Essential Learning, will be retiring as planned with succession planning already underway. Essential Learning provides market-leading e-learning solutions for organizations with regulatory training requirements and continuing education needs. Essential Learning training content is developed in collaboration with leading national and state associations and subject matter experts, affording clients convenient and affordable access to relevant, current and impactful curricula on clinical, human services, workforce development and compliance topics. Training assignment, reporting and tracking features of our LMS enable organizations to simplify training managementoverall, and to effectively document compliance with many of the requirements of funding and regulatory bodies.”We are thrilled to be partnering with Essential Learning, a company that has clearly demonstrated expertise in helping its customers achieve success meeting their elearning needs,” said Alan Cline, Principal and Co-Head of Vista Equity PartnersFoundation Fund. “Essential Learning fits our investment and operating profile and we are tremendously excited to help the Essential Learning team continue to grow their business.”
