Raine Completes Exit of Education Technology Portfolio Company Parchment

prnewswire | February 12, 2020

The Raine Group, a leading global investment bank focused exclusively on technology, media and telecommunications, announced today the successful exit of portfolio company Parchment, a leading education platform for issuing and receiving academic and professional credentials.  Today's announcement follows the completion of Parchment's merger with Credentials Solutions.  "We were attracted to Parchment because of its mission to help turn credentials into opportunities, its team and its potential to capitalize on shifting education sector dynamics," said Jeff Sine, Co-Founder and Partner of Raine.  "In the seven years that we have partnered with the Company, it has become the most widely adopted digital credential service on the market.  The education industry has a strong need for innovative technological solutions and services, and the combined Parchment and Credentials Solutions organization is well positioned to build on its market leading position."

Spotlight

Organizations world over are integrating online training solutions into their existing training methods. While some use catalog courses to train their employees, some choose to build customized training solutions. Both have their place and relevance.However, for large multinational organizations who have already introduced their employees to self-paced eLearning, it may be a good idea to opt for custom eLearning. But why should one opt for custom e-learning courses? What are advantages? Well, check out our infographic below for the same.

Spotlight

Organizations world over are integrating online training solutions into their existing training methods. While some use catalog courses to train their employees, some choose to build customized training solutions. Both have their place and relevance.However, for large multinational organizations who have already introduced their employees to self-paced eLearning, it may be a good idea to opt for custom eLearning. But why should one opt for custom e-learning courses? What are advantages? Well, check out our infographic below for the same.

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