Porter Hedges Advises Medic-CE.com LLC in its Sale to Career Step LLC
Porter Hedges represented Houston-based Medic-CE.com LLC ("Medic-CE.com") in its acquisition by Career Step LLC ("Career Step"), a portfolio company of Denver-based private equity firm Revelstoke Capital Partners ("Revelstoke").
Founded in 2006, Medic-CE is one of the leading providers of online continuing education for emergency medical service ("EMS") and firefighting professionals. Medic-CE currently serves over 75,000 learner subscribers as well as more than 200 unique EMS and fire departments throughout the country.
Career Step, based in Lehi, Utah, is a leading provider of online, career-focused education and professional training programs in the high-growth healthcare sector. Career Step has proprietary course content developed by industry experts and distributed through a robust online learning management system.
Since 2013, Revelstoke has raised in excess of $700 million in equity commitments across its various investing entities and has completed 25 acquisitions totaling over $1.2 billion in enterprise value.
For additional details on the transaction, see the press release here.