{"id":383515,"date":"2020-11-17T17:18:26","date_gmt":"2020-11-17T22:18:26","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=383515"},"modified":"2020-11-17T17:18:26","modified_gmt":"2020-11-17T22:18:26","slug":"stride-inc-to-acquire-healthcare-talent-development-pioneer-medcerts","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/stride-inc-to-acquire-healthcare-talent-development-pioneer-medcerts\/","title":{"rendered":"Stride, Inc. to Acquire Healthcare Talent Development Pioneer, MedCerts"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwdoublebottom { border-bottom: double black 2.25pt }\n.bwleftsingle { border-left: solid black 1pt }\n.bwlistdecimal { list-style-type: decimal }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignm { vertical-align: middle }\n.bwvertalignt { vertical-align: top }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Stride, Inc. to Acquire Healthcare Talent Development Pioneer, MedCerts <\/b><\/p>\n<p><i>Acquisition of one of Inc. 5000\u2019s fastest growing companies in the multi-billion-dollar healthcare training market <\/i><\/p>\n<p>HERNDON, Va.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nK12 Inc. (NYSE: LRN) \u2013 to be <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.stridelearning.com%2F&amp;esheet=52330226&amp;newsitemid=20201117006247&amp;lan=en-US&amp;anchor=Stride%2C+Inc.&amp;index=1&amp;md5=9c4c222ba16282c0b69f28a9ab52ceb8\">Stride, Inc.<\/a> effective December 16, 2020 \u2013 has entered into a definitive agreement to acquire <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.medcerts.com&amp;esheet=52330226&amp;newsitemid=20201117006247&amp;lan=en-US&amp;anchor=MedCerts&amp;index=2&amp;md5=30cff7a6921bd1594168cd312b0c3e80\">MedCerts<\/a>, a leader in online career certification training, in a continuing buildout of Stride\u2019s career learning solutions for lifelong learners across diverse industries.\n<\/p>\n<p>\n\u201cFor so many Americans struggling to make it through these challenging times, the gap between daily reality and future opportunity can only be bridged by further education,\u201d said Nate Davis, Chief Executive Officer and Chairman of the Board of Directors at Stride. \u201cOur acquisition of MedCerts further solidifies Stride as a company that is innovating education delivery for diverse industries and talent, giving individuals and employers the training and resources to provide excellent healthcare services.\u201d\n<\/p>\n<p>\nFounded in 2009, MedCerts has become one of Inc.\u2019s Fastest Growing Private Companies in America and has helped over 25,000 students gain credentials for new careers. MedCerts\u2019 students participate in online, hands-on career training courses in healthcare and medical fields as they prepare for more than a dozen national <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.medcerts.com%2Fcertifications%2Fhealthcare&amp;esheet=52330226&amp;newsitemid=20201117006247&amp;lan=en-US&amp;anchor=healthcare+certifications&amp;index=3&amp;md5=76c2f8b779b45f2b4ee43fdc10f4b1c4\">healthcare certifications<\/a>. MedCerts students have best-in-class outcomes, with exam certification pass rates of 88%. At the same time, students explore career options with the support of personal student success advisors and career coaches as they prepare to enter the workforce.\n<\/p>\n<p>\nMark Mitchell, MedCerts\u2019 Chairman of the Board, noted, \u201cI am so proud that through the oversight and guidance of Mitchell Family Office, and in partnership with another board member, Michael Aubrey, MedCerts grew from $5 million to almost $20 million in just under four years.\u201d\n<\/p>\n<p>\nMedCerts also connects healthcare providers with a growing pool of trained and credentialed talent. MedCerts\u2019 training programs and on-demand content use engaging animation, immersive environments, and interactive game-based learning to prepare students for the workforce in diverse roles across the healthcare industry, including:\n<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nSterile Processing Technician\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nBehavior Technician\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nAllied Healthcare Professional\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nDental Assistant\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nCardio-Phlebotomy Technician\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nMedical Assistant\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nClinical Medical Professional\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nMedication Care Coordinator\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nClinical Medical Specialist\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nPharmacy Technician Professional\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nDental Assistant and Office Administration\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nPharmacy Technician Specialist\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nEKG Technician\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nVetBloom Veterinary Assistant\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nPhlebotomy Technician\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nElectronic Health Records and Reimbursement Specialist\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nPatient Care Technician\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nElectronic Health Records Specialist\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nHealthcare Administration Professional\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nHealth Unit Coordinator\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nMedical Billing Specialist\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nMedical Front Office\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nElectronic Health Records\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nProfessional Coder\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\nStride\u2019s investment in MedCerts represents a significant step in the company\u2019s entrance into the healthcare education sector and comes at a time when the world\u2019s attention is laser focused on the healthcare industry. Today, the healthcare sector employs 11 percent of American workers and is projected to add nearly 2.4 million jobs, according to the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.bls.gov%2Fooh%2Fhealthcare%2Fhome.htm%3Fview_full&amp;esheet=52330226&amp;newsitemid=20201117006247&amp;lan=en-US&amp;anchor=U.S.+Bureau+of+Labor+Statistics&amp;index=4&amp;md5=6d987a82a657da6e56dec5ac67bbd62b\">U.S. Bureau of Labor Statistics<\/a>. Despite these potential opportunities, individual training and traditional college options can be cost-prohibitive, and companies are experiencing a lack of skilled workers to fill job openings. MedCerts seeks to provide more individuals with access to these high-demand career opportunities and connect employers with the right talent.\n<\/p>\n<p>\n\u201cAt MedCerts, we are passionate about creating opportunities for everyone to pursue a better future and a fulfilling career,\u201d said Jason Aubrey, CEO of MedCerts. \u201cWe are proud to have the backing of a known disruptor and innovator like Stride, as we look to unlock the potential of more students who want to make a difference in their careers and in their communities.\u201d\n<\/p>\n<p>\nIn addition to its online courses, the MedCerts product suite includes resources for employers to fill vacancies, host internships and externships, and arrange informal opportunities for students to shadow industry professionals and gain hands-on volunteer experience. More than 1,000 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.medcerts.com%2Forganizations&amp;esheet=52330226&amp;newsitemid=20201117006247&amp;lan=en-US&amp;anchor=organizations&amp;index=5&amp;md5=5d5fc4699b4d2363e1002010cf494808\">organizations<\/a> have MedCerts-trained employees on staff or have created training and employment opportunities for students and employees, including CVS Pharmacy, DaVita Dialysis, Walmart, and the American Red Cross.\n<\/p>\n<p>\nStride expects to acquire MedCerts for $70 million in an all-cash transaction, plus contingent consideration that could become due in fiscal year 2022. The acquisition, which was approved by the boards of directors of Stride and MedCerts, is expected to close by the end of second quarter fiscal year 2021, subject to customary closing conditions. For reference, MedCerts\u2019 revenue for the last twelve months ending September 30, 2020 was approximately $19 million, an increase of 38% year-over-year. Adjusted EBITDA for that same period was approximately $4 million, an increase of 49% year-over-year.\n<\/p>\n<p>\nToday\u2019s announcement coincides with the company\u2019s acquisition of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.techelevator.com&amp;esheet=52330226&amp;newsitemid=20201117006247&amp;lan=en-US&amp;anchor=Tech+Elevator&amp;index=6&amp;md5=098862f07c337e31b27d2307d7e02deb\">Tech Elevator<\/a>, a leader in supporting individuals and companies seeking to develop in-demand coding skills and talent. For more information on this transaction, please visit news.stridelearning.com.\n<\/p>\n<p>\nStride expects, assuming a December 2020 close of both the Tech Elevator and MedCerts acquisitions, the impact of the acquisitions of both Tech Elevator and MedCerts to fiscal 2021 revenue and adjusted operating income will be as follows:\n<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">(in millions)<\/td>\n<td colspan=\"2\" class=\"bwalignc bwvertalignm bwsinglebottom bwpadl0\" rowspan=\"1\"><b>Full Year Fiscal 2021<\/b><\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignc bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwvertalignm bwsinglebottom bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nRevenue\n<\/p>\n<\/td>\n<td class=\"bwalignc bwvertalignm bwsinglebottom bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nAdjusted Operating\n<\/p>\n<p class=\"bwalignc bwcellpmargin\">\nIncome\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\">Before Impact of Purchase Accounting<\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\">$14 &#8211; $19<\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\">$2 &#8211; $4<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\">Impact of Purchase Accounting<\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\">($2 &#8211; $4)<\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\">($2 &#8211; $4)<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\">Net Impact to Fiscal 2021<\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\">$12 &#8211; $15<\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\">no change<\/td>\n<\/tr>\n<\/table>\n<p>\nThe company expects these acquisitions to be accretive to adjusted operating income in fiscal 2022.\n<\/p>\n<p>\nBased on these estimates, updated guidance for fiscal 2021, including both the Tech Elevator and MedCerts contribution, and assuming a late fiscal second quarter close of both transactions is as follows:\n<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">(In millions)<\/td>\n<td colspan=\"3\" class=\"bwalignc bwvertalignm bwsinglebottom bwpadl0\" rowspan=\"1\"><b>Full Year Fiscal 2021<\/b><\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwvertalignm bwsinglebottom bwpadl0\" rowspan=\"1\" colspan=\"1\"><b>Previous Outlook<\/b><\/td>\n<td class=\"bwalignc bwvertalignm bwsinglebottom bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwvertalignm bwsinglebottom bwpadl0\" rowspan=\"1\" colspan=\"1\"><b>Updated Outlook<\/b><\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">Revenue<\/td>\n<td class=\"bwalignr bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">$1,445 &#8211; $1,470<\/td>\n<td class=\"bwalignr bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">$1,457 &#8211; $1,485<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">Capital expenditures<\/td>\n<td class=\"bwalignr bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">$50 &#8211; $60<\/td>\n<td class=\"bwalignr bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">$50 &#8211; $60<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">Tax Rate<\/td>\n<td class=\"bwalignr bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">26% &#8211; 29%<\/td>\n<td class=\"bwalignr bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">26% &#8211; 29%<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">Adjusted operating income (1)<\/td>\n<td class=\"bwalignr bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">$120 &#8211; $130<\/td>\n<td class=\"bwalignr bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">$120 &#8211; $130<\/td>\n<\/tr>\n<\/table>\n<ol class=\"bwlistdecimal\">\n<li>\nIn addition to providing an outlook for revenue and capital expenditures, adjusted operating income is provided as a supplemental non-GAAP financial measure as management believes that it provides useful information to our investors. Please also see Special Note on Forward Looking Statements below.\n<\/li>\n<\/ol>\n<p>\nStride executives will host a Virtual Investor Day, November 18, 2020. Chief Executive Officer and Chairman Nate Davis and other members of Stride\u2019s executive management team will provide an in-depth review of the company\u2019s long-term vision and growth strategies, capital allocation framework, and operational and financial objectives.\n<\/p>\n<p>\nPresentations, including a question and answer session, will begin promptly at 10:30 am ET and conclude by approximately 2:30 pm ET. Investors and analysts can use this <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fevent.on24.com%2FeventRegistration%2FEventLobbyServlet%3Ftarget%3Dreg20.jsp%26referrer%3D%26eventid%3D2646378%26sessionid%3D1%26key%3D27C11BD7330F1A2B365A797CD95BAD04%26regTag%3D%26sourcepage%3Dregister&amp;esheet=52330226&amp;newsitemid=20201117006247&amp;lan=en-US&amp;anchor=link&amp;index=7&amp;md5=fffc1c7a7d756cb57523fe8cee6642a8\">link<\/a> to register for K12\u2019s Investor Day. A replay of the Investor Day will also be available on the company&#8217;s website.\n<\/p>\n<p><b><i>Special Note on Forward-Looking Statements<\/i><\/b><\/p>\n<p><i>This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We have tried, whenever possible, to identify these forward-looking statements using words such as \u201canticipates,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201ccontinues,\u201d \u201clikely,\u201d \u201cmay,\u201d \u201copportunity,\u201d \u201cpotential,\u201d \u201cprojects,\u201d \u201cwill,\u201d \u201cexpects,\u201d \u201cplans,\u201d \u201cintends\u201d and similar expressions to identify forward looking statements, whether in the negative or the affirmative. These statements reflect our current beliefs and are based upon information currently available to us. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause our actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These risks, uncertainties, factors and contingencies include, but are not limited to: inability to consummate the acquisition of MedCerts and Tech Elevator, and to integrate the acquired businesses; potential departure of management and key employees given the uncertainties associated with the acquisitions; inability to realize the expected benefits of the acquisitions; reduction of per pupil funding amounts at the schools we serve; inability to achieve a sufficient level of new enrollments to sustain our business model; failure to replace students who have graduated from the terminal grade in a school or have left our programs for other reasons with new students of a sufficient number; inability to maintain our current rate of retention of students enrolled in our courses; an increase in the amount of failures to enter into new school contracts or renew existing contracts, in part or in their entirety; the failure of perceived industry trends and projections resulting from the expected effects of COVID-19 on virtual education; failure of the schools we serve or us to comply with federal, state and local regulations, resulting in a loss of funding, an obligation to repay funds previously received or contractual remedies; governmental investigations that could result in fines, penalties, settlements, or injunctive relief; declines or variations in academic performance outcomes of the students and schools we serve as curriculum standards, testing programs and state accountability metrics evolve; harm to our reputation resulting from poor performance or misconduct by operators or us in any school in our industry and\/or in any school in which we operate; legal and regulatory challenges from opponents of virtual public education or for-profit education companies; changes in national and local economic and business conditions and other factors such as natural disasters, pandemics and outbreaks of contagious diseases and other adverse public health developments, such as COVID-19; discrepancies in interpretation of legislation by regulatory agencies that may lead to payment or funding disputes; termination of our contracts, or a reduction in the scope of services with schools; failure to develop the career learning education business; entry of new competitors with superior technologies and lower prices; unsuccessful integration of mergers, acquisitions and joint ventures, failure to further develop, maintain and enhance our technology, products, services and brands; inadequate recruiting, training and retention of effective teachers and employees; infringement of our intellectual property; disruptions to our Internet-based learning and delivery systems, including but not limited to our data storage systems, resulting from cybersecurity attacks; misuse or unauthorized disclosure of student and personal data; and other risks and uncertainties associated with our business described in the Company\u2019s filings with the Securities and Exchange Commission. <\/i><\/p>\n<p><i>Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. All information in this presentation is as of today\u2019s date, and the Company undertakes no obligation to update any forward-looking statement to conform the statement to actual results or changes in the Company\u2019s expectations<\/i><\/p>\n<p><b>Non-GAAP Financial Measure Reconciliation<\/b><\/p>\n<p>\nFor Stride: These reconciliations are the same for both the previous and updated outlook.\n<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td colspan=\"3\" class=\"bwalignc bwvertalignm bwsinglebottom bwpadl0\" rowspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Three Months Ended December<\/b><\/p>\n<p class=\"bwalignc bwcellpmargin\"><b>31, 2020<\/b><\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td colspan=\"3\" class=\"bwalignc bwvertalignm bwsinglebottom bwpadl0\" rowspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Year Ended<\/b><\/p>\n<p class=\"bwalignc bwcellpmargin\"><b>June 30, 2021<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwvertalignm bwsinglebottom bwpadl0\" rowspan=\"1\" colspan=\"1\"><b>Low<\/b><\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwvertalignm bwsinglebottom bwpadl0\" rowspan=\"1\" colspan=\"1\"><b>High<\/b><\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwvertalignm bwsinglebottom bwpadl0\" rowspan=\"1\" colspan=\"1\"><b>Low<\/b><\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwvertalignm bwsinglebottom bwpadl0\" rowspan=\"1\" colspan=\"1\"><b>High<\/b><\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td colspan=\"7\" class=\"bwalignc bwvertalignm bwpadl0\" rowspan=\"1\"><b>(In millions)<\/b><\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">Income from operations<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$ 32.5\n<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$ 35.5\n<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$ 76.5\n<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$ 86.5\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">Stock-based compensation expense<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n7.5\n<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n7.5\n<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n35.5\n<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n35.5\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">Amortization of intangibles assets<\/td>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n2.0\n<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n2.0\n<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n8.0\n<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n8.0\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">Adjusted operating income<\/td>\n<td class=\"bwalignr bwdoublebottom bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$ 42.0\n<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwdoublebottom bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$ 45.0\n<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwdoublebottom bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$ 120.0\n<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwdoublebottom bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$ 130.0\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\nFor MedCerts:\n<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td colspan=\"3\" class=\"bwalignc bwvertalignm bwsinglebottom bwpadl0\" rowspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Last Twelve Months<\/b><\/p>\n<p class=\"bwalignc bwcellpmargin\"><b>Ended September 30<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwsinglebottom bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\"><b>2019<\/b><\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwalignc bwsinglebottom bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\"><b>2020<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td colspan=\"3\" class=\"bwalignc bwvertalignm bwpadl0\" rowspan=\"1\"><b>(In millions)<\/b><\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">Income from operations<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$ 0.5\n<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$ 1.3\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">One-time expenses<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n0.3\n<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n0.4\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">Depreciation and amortization<\/td>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n1.8\n<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n2.2\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" rowspan=\"1\" colspan=\"1\">Adjusted EBITDA<\/td>\n<td class=\"bwalignr bwdoublebottom bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$ 2.6\n<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwdoublebottom bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$ 3.9\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p><b>About MedCerts<\/b><\/p>\n<p>\nMedCerts is a national online training provider strengthening the workforce through innovative eLearning solutions. Focused on certifications in high-demand areas of Allied Healthcare and IT, it serves individuals from all backgrounds, including the military and their families, career changers and the under- and unemployed. MedCerts delivers certification and career training through HD-quality video-based instruction, virtual simulations, games and animations, and on-the-job training through experiential learning solutions. Since 2009, the company has developed over 35 career programs, trained and up-skilled more than 25,000 individuals across the country and partnered with over 500 American job centers and more than 1,000 healthcare organizations have MedCerts trained employees on staff. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fmedcerts.com%2F&amp;esheet=52330226&amp;newsitemid=20201117006247&amp;lan=en-US&amp;anchor=medcerts.com&amp;index=8&amp;md5=eb6c03361ae648089c60240cc4cb256a\">medcerts.com<\/a>.\n<\/p>\n<p><b>About Stride, Inc.<\/b><\/p>\n<p>\nStride, Inc. (NYSE: LRN) \u2013 formerly K12 Inc. \u2013 helps students reach their full potential through inspired teaching and personalized learning. The company has transformed the teaching and learning experience for millions of people by providing innovative, high-quality, tech-enabled education solutions, curriculum, and programs directly to students, schools, the military, and enterprises in primary, secondary, and post-secondary settings. Stride is a premier provider of K-12 education for students, schools, and districts, including career learning services through middle and high school curriculum. For adult learners, Stride delivers professional skills training in healthcare and technology, as well as staffing and talent development for Fortune 500 companies. Stride has delivered millions of courses over the past decade and serves learners in all 50 states and more than 100 countries. The company is a proud sponsor of the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.futureof.school%2F&amp;esheet=52330226&amp;newsitemid=20201117006247&amp;lan=en-US&amp;anchor=Future+of+School&amp;index=9&amp;md5=0712546ef53f0ee82c5ba2e804ea1879\">Future of School<\/a>, a nonprofit organization dedicated to closing the gap between the pace of technology and the pace of change in education. More information can be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.stridelearning.com%2F&amp;esheet=52330226&amp;newsitemid=20201117006247&amp;lan=en-US&amp;anchor=stridelearning.com&amp;index=10&amp;md5=fb08379f41598b911ef717eb08dff597\">stridelearning.com<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.k12.com%2F&amp;esheet=52330226&amp;newsitemid=20201117006247&amp;lan=en-US&amp;anchor=K12.com&amp;index=11&amp;md5=809a8c40189d001bd97b09c17717ba17\">K12.com<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.destinationsacademy.com%2F&amp;esheet=52330226&amp;newsitemid=20201117006247&amp;lan=en-US&amp;anchor=destinationsacademy.com&amp;index=12&amp;md5=398a4572c700e421b020a6c5973473a1\">destinationsacademy.com<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.galvanize.com%2F&amp;esheet=52330226&amp;newsitemid=20201117006247&amp;lan=en-US&amp;anchor=galvanize.com&amp;index=13&amp;md5=36dba0f1930d9af6807badd680d02b0d\">galvanize.com<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.techelevator.com&amp;esheet=52330226&amp;newsitemid=20201117006247&amp;lan=en-US&amp;anchor=techelevator.com&amp;index=14&amp;md5=385887403854f2d66faa7218e17f783c\">techelevator.com<\/a>, and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.medcerts.com&amp;esheet=52330226&amp;newsitemid=20201117006247&amp;lan=en-US&amp;anchor=medcerts.com&amp;index=15&amp;md5=b08137effff6bc915d24c043436cc7b9\">medcerts.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201117006247r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201117006247\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201117006247\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact<br \/>\n<\/b><br \/>Mike Kraft<br \/>\n<br \/>Senior Vice President, Corporate Communications<br \/>\n<br \/>Stride, Inc.<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mkraft@k12.com\">mkraft@k12.com <\/a><\/p>\n<p><b>Investor Contact<br \/>\n<\/b><br \/>Mike Lawson<br \/>\n<br \/>Vice President, Investor Relations<br \/>\n<br \/>Stride, Inc.<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mkraft@k12.com\">mlawson@k12.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Virginia United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Education Other Education Continuing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201117006247\/en\/839602\/3\/Stride_Logo_-_Blue.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Stride, Inc. to Acquire Healthcare Talent Development Pioneer, MedCerts Acquisition of one of Inc. 5000\u2019s fastest growing companies in the multi-billion-dollar healthcare training market HERNDON, Va.&#8211;(BUSINESS WIRE)&#8211; K12 Inc. (NYSE: LRN) \u2013 to be Stride, Inc. effective December 16, 2020 \u2013 has entered into a definitive agreement to acquire MedCerts, a leader in online career certification training, in a continuing buildout of Stride\u2019s career learning solutions for lifelong learners across diverse industries. \u201cFor so many Americans struggling to make it through these challenging times, the gap between daily reality and future opportunity can only be bridged by further education,\u201d said Nate Davis, Chief Executive Officer and Chairman of the Board of Directors at Stride. \u201cOur acquisition of MedCerts further solidifies &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stride-inc-to-acquire-healthcare-talent-development-pioneer-medcerts\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Stride, Inc. to Acquire Healthcare Talent Development Pioneer, MedCerts&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-383515","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Stride, Inc. to Acquire Healthcare Talent Development Pioneer, MedCerts - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stride-inc-to-acquire-healthcare-talent-development-pioneer-medcerts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stride, Inc. to Acquire Healthcare Talent Development Pioneer, MedCerts - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Stride, Inc. to Acquire Healthcare Talent Development Pioneer, MedCerts Acquisition of one of Inc. 5000\u2019s fastest growing companies in the multi-billion-dollar healthcare training market HERNDON, Va.&#8211;(BUSINESS WIRE)&#8211; K12 Inc. (NYSE: LRN) \u2013 to be Stride, Inc. effective December 16, 2020 \u2013 has entered into a definitive agreement to acquire MedCerts, a leader in online career certification training, in a continuing buildout of Stride\u2019s career learning solutions for lifelong learners across diverse industries. \u201cFor so many Americans struggling to make it through these challenging times, the gap between daily reality and future opportunity can only be bridged by further education,\u201d said Nate Davis, Chief Executive Officer and Chairman of the Board of Directors at Stride. \u201cOur acquisition of MedCerts further solidifies &hellip; Continue reading &quot;Stride, Inc. to Acquire Healthcare Talent Development Pioneer, MedCerts&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/stride-inc-to-acquire-healthcare-talent-development-pioneer-medcerts\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-17T22:18:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201117006247r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"10 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stride-inc-to-acquire-healthcare-talent-development-pioneer-medcerts\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stride-inc-to-acquire-healthcare-talent-development-pioneer-medcerts\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Stride, Inc. to Acquire Healthcare Talent Development Pioneer, MedCerts\",\"datePublished\":\"2020-11-17T22:18:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stride-inc-to-acquire-healthcare-talent-development-pioneer-medcerts\\\/\"},\"wordCount\":2051,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stride-inc-to-acquire-healthcare-talent-development-pioneer-medcerts\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20201117006247r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stride-inc-to-acquire-healthcare-talent-development-pioneer-medcerts\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stride-inc-to-acquire-healthcare-talent-development-pioneer-medcerts\\\/\",\"name\":\"Stride, Inc. to Acquire Healthcare Talent Development Pioneer, MedCerts - 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