Weld North Acquires Editure PD and JBHM Education Group

Establishes Leadership Position in $3.6 Billion Education, School Improvement Services and Professional Development Market

New York, NY – September 24, 2012 – Weld North Holdings LLC, an investment company founded by former Kaplan, Inc. CEO Jonathan Grayer in partnership with Kohlberg Kravis Roberts & Co. (KKR), announced today that it has entered the $3.6 billion education, school improvement services and professional development industry by acquiring a 100% interest in each of Editure Professional Development Inc. and JBHM Education Group. Both transactions closed in September. Terms of the agreements were not disclosed.

Weld North intends...

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