LA CROSSE, Wis.–(BUSINESS WIRE)–Kaplan Professional Education (Kaplan Professional), a unit of global
education provider Kaplan, Inc., has closed its transaction with Apollo
Education Group, Inc., to acquire the College for Financial Planning
(CFFP). The acquisition of CFFP will enhance Kaplan Professional’s
leadership role in educating and preparing professionals in the
financial services industry globally by expanding its already superb
selection of offerings.

The transaction was first announced in December 2017, but required
approval of CFFP’s accreditor, the Higher Learning Commission, before it
could be completed.

CFFP provides financial education and training to individuals through
comprehensive programs of study that lead to licensing or certification
through individual courses, graduate-level study, and education for
professionals pursuing the Certified Financial Planner™ (CFP®)
certification. It also offers a Master of Science in Personal Financial
Planning and a Master of Science in Finance.

“We recognize this acquisition as a win-win for the financial planning
field, and for professionals seeking the most cutting-edge and
comprehensive financial planning education resources in the nation,”
said CFFP President Dirk Pantone. “We are confident that joining with
Kaplan Professional will broaden the reach of both organizations and
offer students the best of both organizations’ offerings.”

”The world of work for the average wealth manager will change
significantly over the next decade. I’m thrilled to be joining forces
with Dirk and the rest of the CFFP team to build the learning journeys
of the future for wealth management professionals to thrive as the
industry changes and grows,” said Dr. Andrew Temte, President of Kaplan
Professional.

About the College for Financial Planning

Founded in 1972, the College for Financial Planning provides accessible
and flexible degree, non-degree, and continuing professional education
programs to students nationwide. Shortly after its founding, the College
introduced the CERTIFIED FINANCIAL PLANNER™ certification, which has
evolved into the world’s most recognized and respected financial
planning credential, with more than 65,000 professionals in the U.S.
having earned the credential.

In addition to its CFP® Certification Professional Education Program,
the College offers two graduate degree programs that provide more
in-depth knowledge of the finance industry. Professional designation
programs are also available, with specializations ranging from asset
management to retirement planning. The College for Financial Planning is
accredited by the Higher Learning Commission and is a member of the
North Central Association. More than 155,000 students have graduated
from the College’s programs. For more information, visit cffpinfo.com.

About Kaplan Professional

Kaplan is a leading international provider of training and education
services operating in more than 30 countries and working with over
10,000 corporations and businesses globally. Kaplan Professional helps
professionals obtain and maintain in-demand certifications, licenses and
designations that enable them to advance and succeed in their careers.
Through live and online instruction, Kaplan Professional provides test
preparation, licensing, continuing education, and professional
development programs to businesses and individuals in the accounting,
engineering, insurance, securities, real estate, financial planning, and
information technology industries.

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