Project Management Academy has acquired selected assets from the IT Management and Leadership Institute, which provides training for IT professionals. No financial terms were disclosed. PMA is a part of Educate 360, which is a portfolio company of Leeds Equity Partners.
BOSTON, Aug. 14, 2018 /PRNewswire/ — Project Management Academy (PMA), a provider of learning and development solutions for project managers and their broader organizations, is part of Educate 360, LLC, a Leeds Equity Partners portfolio company. As part of its strategic growth initiative, PMA has acquired selected assets from the IT Management and Leadership Institute (ITMLI). The terms of the transaction have not been disclosed. Among the assets purchased is a curriculum of courses in Strategic Business Skills, Communication, Problem Solving, and Team Building aimed at helping project managers advance in their careers while helping companies complete more successful projects.
The CEO of Project Management Academy, Jason Cassidy, commented: “We are excited to bring these world-class courses into our portfolio of in-person and online solutions. We strive to help project managers progress in their careers and help organizations develop the right talent to drive successful projects in their respective businesses. We feel that the skills that these courses develop, in addition to other project management knowledge, are of the utmost importance to both individual and organizational success.” The Project Management Institute (PMI®), the certifying body in the project management space, has created the PMI Talent Triangle®, which proscribes technical, strategic, and leadership skills needed by project managers. “Based on PMI’s research and our own, we continue to build our learning and development solutions to meet the needs in the project management space,” Cassidy continued. “Areas of communication, problem solving, team building, and strategic thinking all rank high in the research.”
Eric Bloom, Executive Director of ITMLI, stated: “I am excited to see these courses and methodologies have the effect on the project management industry that they deserve through PMA’s reach. I look forward to participating on PMA’s Advisory Board as well helping them to expand their positive impact on project managers and their organizations.”
Project Management Academy will use this acquisition in addition to its own course development to grow a portfolio of solutions that will continue to help project managers throughout their careers. Scott VanHoy, Managing Director of Leeds Equity Partners, commented: “We are excited to see PMA build on its strong reputation for PMP® Certification Bootcamps to expand into broader learning and development for project managers and their organizations.”
About Project Management Academy
Project Management Academy (part of Educate360, LLC.) has been providing learning and development in the project management space for 10+ years with a footprint that delivers in 55+ cities, live virtual courses, and a-synchronous at your own pace learning to 10,000+ students and for hundreds of companies each year. PMA seeks to be a trusted guide on the journey each project manager takes to grow in their skills and career and on the journey each company takes to gain the right talent to successfully execute its initiatives in today’s innovative and competitive business environment.
About Leeds Equity Partners:
Leeds Equity Partners, LLC, is a New York-based private equity firm dedicated exclusively to partnering with management teams in the education, training and information services industries (the “Knowledge Industries”). The firm was founded in 1993 and currently manages $1.7 billion of capital across a broad spectrum of companies within the Knowledge Industries. Leeds Equity seeks to leverage its sector-focused expertise and market insights to create long term value for its portfolio companies.
About IT Management & Leadership Institute
The Information Technology Management and Leadership Institute provides training for IT professionals making the transition from hand-on IT to managers and leaders. ITMLI is also the governing body for two IT leadership certifications: The Information Technology Management and Leadership Professional (ITMLP) and the Information Technology Management and Leadership Executive (ITMLE).
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