Business
ProBility Media Corp. Division, One Exam Prep, Closes Asset Purchase Agreement with Contractor Exam Preps
ProBility Media Corp. Division, One Exam Prep, Closes Asset Purchase Agreement with Contractor Exam Preps.
About this update from Probility Media Corp.
[{"type":"text","content":"\n \n \n ProBility Media Corp. Division, One Exam Prep, Closes Asset Purchase Agreement with Contractor Exam Preps\n \n \nProBility Media Corp. Division, One Exam Prep, Closes Asset Purchase Agreement with Contractor Exam Preps\n \n HOUSTON, TX--(Marketwired - Oct 31, 2017) - One Exam Prep, LLC, a division of ProBility Media Corp. (OTCQB: PBYA), an EdTech company building the first full-service training and career advancement brand for the skilled trades, today announced that it has closed the previously announced Asset Purchase Agreement with Contractor Exam Preps, of Pittsboro, North Carolina. Contractor Exam Preps has a twenty-year history preparing students to pass the exam required by the National Association of State Contractor Licensing Agencies (NASCLA). NASCLA is the leading association regulating the business of contractors while promoting best practices and license uniformity for agencies that regulate the construction industry. \n \"This transaction further expands One Exam Prep as a nationwide leader in exam prep for contractors and licensees, particularly the NASCLA related certifications. We look forward to working with Chris Barrow, President of Contractor Exam Preps, and investing in the growth of this unique opportunity,\" stated Evan Levine, Chairman and Chief Executive Officer of ProBility Media Corp. \"This transaction represents our fifth acquisition during our fiscal year ending October 31, 2017. In addition to this accretive transaction, ProBility has a strong pipeline of additional deal opportunities in various stages of negotiation, and although there is no guarantee that any of these prospects will close, we believe that they could contribute to further expansion and success as we enter fiscal 2018.\"\n About ProBility Media Corp.\n ProBility Media Corp. is an EdTech company building the first full-service training and career advancement brand for the skilled trades. Through its divisions Brown Technical Media Corp., Brown Technical Publications Inc., Brown Book Shop, Inc., National Electrical Wholesale Providers, W Marketing, One Exam Prep, LLC, ProBility Safety Academy, ProBility Immersive Technologies, Cranbury International and its partnership with Globalsim Inc., ProBility is executing a disruptive strategy of defragmenting the skilled trades training market place by offering high quality training...