Leeds-backed CeriFi acquires Checkpoint Learning, West Legal Edcenter

The seller was Thomson Reuters Corp, a Toronto-based provider of business information services.

  • CeriFi is an education, training and certification provider serving financial services professionals
  • West LegalEdcenter provides continuing legal education solutions and services to legal professionals
  • Leeds Equity Partners targets the education, training and information services industries

CeriFi, which is backed by Leeds Equity Partners, has acquired education companies Checkpoint Learning and West Legal Edcenter. The seller was Thomson Reuters Corp. No financial terms were disclosed.

Checkpoint Learning is a provider of continuing professional education solutions for tax and accounting professionals, while West LegalEdcenter provides continuing legal education solutions and services to legal professionals.

Based in Alpharetta, Georgia, CeriFi is an education, training and certification provider serving financial services professionals.

“Over the course of our partnership with CeriFi, we have built a strategically focused professional education company that uniquely serves the lifelong education needs of aspiring and practicing professionals within the financial services and legal sectors,” said Jacques Galante, a partner at Leeds Equity Partners in a statement. “With the acquisitions of Checkpoint Learning and West LegalEdcenter, CeriFi is now distinctively positioned to address those education, training and certification needs while continuing to deliver the best learning outcomes in the industry.”

Thomson Reuters is a Toronto-based provider of business information services.

Based in New York, Leeds Equity Partners targets the education, training and information services industries. The firm was founded in 1993 and currently manages over $4 billion of capital across a broad spectrum of companies within the knowledge industries.

Latham & Watkins served as legal counsel to Leeds Equity Partners. Sheppard, Mullin, Richter & Hampton served as legal counsel to Thomson Reuters while KPMG Corporate Finance served as financial advisor.