Online Education Services (OES) Acquires Majority Stake in Construct
The transaction will strengthen OES and Construct services and open up new markets
OES has expanded its operations in the US, UK, and South Africa through a majority stake investment in Construct, a global leader in online learning design. Both companies combined serve learners in more than 190 countries to enable a fast, financially viable, and student-focused offering in online education. They work with education partners to develop world-class online programs that provide a rich and immersive learning experience.
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“The investment in Construct builds on our purpose to deliver quality online learning for partner universities and organizations, and their students, regardless of location,” said Denice Pitt, CEO of OES. “Our shared people-first focus and combined expertise in education mean that, together, we provide unrivaled service to universities and higher education providers looking to deliver high-quality online programs.”
Construct and OES share a vision of an academic-led, learner-centric approach to online learning. Construct helps organizations with learners – like schools, universities, and employers – create cutting edge digital learning experiences. It delivers these experiences to millions of people all over the world.
By working together, the organizations will provide customers with enhanced expertise and deeper analytics, increased flexibility, and global client support.
“This announcement is hugely important for our companies and customers as we combine our strength and expertise to serve more learners on a truly global level,” said David Philipps, CEO of Construct. “The past few years have brought strong growth and solid financial performance, and we look forward to continued success as we work with OES.”
Construct has become a majority-owned subsidiary of OES and continues to operate under its own brand from its offices in Salt Lake City, London, and Cape Town.
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