Examco Taking Merritt High-Tech

Examco, a provider of exam preparation and continuing education programs for the financial services industry, recently announced its acquisition of the assets of Merritt Publishing. Merritt has been publishing prelicensing and continuing education materials, as well as reference manuals, for the insurance, safety, and security industries for more than 40 years. Terms of the transaction were not disclosed.

Jan B. King, president and CEO of Merritt, commented, "Now customers will receive the benefits of Merritt's editorial content, reliability, and accuracy through Examco, a company that has a well-known reputation for leading edge innovation in course delivery, superior technical support and excellent customer service."

California-based Merritt publishes more than 200 training titles and has a client base of more than 30,000 businesses and consumers worldwide. The company is one of the most active publishers of training and reference materials in insurance and risk management, including prelicensing, continuing education and subscription products.

"Purchasing the assets of a strong, established company like Merritt is part of our continuing growth strategy to acquire companies in the education and training industry. This acquisition will also broaden Examco's product offerings and offer a true single source solution for the professional training needs of the financial services industry," commented T. Brantley Houston, president and CEO of Examco, Inc. "Examco will now make Merritt's well-known courses available in computer-based formats, as well as making them available 24 hours a day, 7 days a week through the Internet."