Vitesse Learning merged with Provinent Corporation

November, 2005 – VitesseLearning merged with Provinent Corporation, forming the largest independent business in the fragmented North American customized learning marketplace with over $20 million in combined billings.

VitesseLearning is a full-service learning solutions provider to a wide range of business and government organizations in North America, Asia, and Europe. The combined entity will deliver solutions in the high touch, high-value specialty areas of life sciences, financial services, retail, manufacturing and public utilities markets and will continue to service Provinent’s many government customers.

Cherry Tree Securities acted as the exclusive advisor for VitesseLearning in this transaction.