EVERFI ACQUIRES ONLINE COMPLIANCE TRAINING LEADER WORKPLACE ANSWERS
Expanding National Commitment to Corporate Learning and Sexual Assault Prevention
Washington, DC, April 20, 2017 - Today, EVERFI, Inc., the nation’s leading education technology innovator, announced the acquisition of online compliance training company Workplace Answers. The acquisition expands EVERFI’s commitment to solving complex prevention and workforce challenges through interactive, scalable education solutions.
“Nearly a decade ago, EVERFI was founded on the conviction that we could harness innovative, digital education to engage learners on the largest and most intractable social issues of our times - from financial education and diversity, to sexual assault and harassment prevention,” said EVERFI CEO Tom Davidson. “By bringing Workplace Answers into the EVERFI Network we have become the world’s largest company committed to empowering learners at every stage of their lives, from the classroom to the boardroom.”
The acquisition of Workplace Answers, also includes their Campus Answers brand, which provides faculty and staff training around critical campus issues like sexual harassment prevention training. The combined company will now serve over 1,700 campuses and provide them access to the Campus Prevention Network, a nationwide initiative committed to creating safer, healthier communities. Through the Campus Prevention Network, schools across the country will take a pledge to adopt the highest standards of prevention related to critical health and safety challenges, including sexual assault and alcohol abuse, and to assess the progress and impact of their efforts.
“Workplace Answers and EVERFI share the same philosophy of engaging the learner and putting the customer at the center of product innovation,” said Girish Pashilkar, CEO of Workplace Answers, LLC. “As we considered growth strategies for Workplace Answers, I felt confident that being acquired by EVERFI would allow us to significantly amplify our impact in critical areas such as preventing corruption, discrimination and sexual violence. Additionally, EVERFI’s inclusive and purpose-driven culture would continue to provide a thriving work environment for our talented employees.”
Through the Campus Prevention Network, EVERFI is creating a powerful community dedicated to using evidence-based best practices, data and scalable training to take on some of the toughest challenges facing colleges and universities,” said Preston Clark, President of EVERFI’s Higher Education and Corporate Compliance divisions. “The addition of Workplace Answers reaffirms our commitment to support schools and companies in this important work, and accelerates the incredible momentum driving progress across the country."
Cascadia Capital acted as the exclusive financial advisor to Workplace Answers.
To learn more, please visit our blog for list of FAQs and a message from Farzad Barkhordari, President of Workplace Answers and Campus Answers.
EVERFI is the leading education technology company that provides learners of all ages education for the real world, through innovative and scalable digital learning. Founded in 2008, EVERFI is fueled by its Software-as-a-Service (SaaS) subscription model and has certified over 16 million learners in critical skill areas. Some of America’s leading CEOs and venture capital firms are EVERFI investors including ReThink, Advance Publications, Amazon founder and CEO Jeff Bezos, Twitter founder Evan Williams and Google Chairman Eric Schmidt. The EVERFI Education Network powers more than 4,200 customers in their education initiatives across all 50 states and Canada. Learn more at EVERFI.com
About Workplace Answers
Since 1997, Workplace Answers (WPA) has helped companies across the globe foster ethical, inclusive and secure workplaces with online compliance training. In 2014, WPA launched its Campus Answers division, to serve the higher education market. In 2015 WPA acquired Click 4 Compliance to expand its training offerings to include anti-bribery, FCPA, export and antitrust.
With a full-range of courses translated in over 50 languages, WPA has a complete online training library that solves corporate compliance challenges across organizations. WPA’s unique story based learning approach and global deployment capabilities is why Fortune 500 corporations across the world trust Workplace Answers for their online compliance training needs.