Better Together: Online Education Services Acquires a Majority Stake in Construct
By the Construct PR & Marketing Team |
Online Education Services (OES), the leading online education enabler in Australia, has expanded its operations in the US, UK, and South Africa through a majority stake investment in Construct.
Both our team and the OES team, combined, serve learners in more than 190 countries to enable a fast, financially viable, and student-focused offering in online education. Together, we work with education partners to develop world-class online programs that provide rich and immersive learning experiences.
The Investment
On Monday, November 16, 2020, OES announced it has made a majority stake investment in the Construct team.
“The investment in Construct builds on our purpose to deliver quality online learning for partner universities and organizations, and their students, regardless of location,” said Denice Pitt, CEO of OES. “Our shared people-first focus and combined expertise in education mean that, together, we provide unrivaled service to universities and higher education providers looking to deliver high-quality online programs.”
The Partnership
Construct and OES share a vision of an academic-led, learner-centric approach to online learning.
OES was established in 2011 by SEEK and Swinburne University of Technology to give people a chance to change their lives through online education. OES designs, promotes, and delivers high-quality programs online on behalf of its education provider partners. The programs are delivered to students who are unable or prefer not to study on campus. Partners are provided with a range of services to support the full student life-cycle online, from marketing and recruitment to graduation. This includes student administration and support, course design, learning management system hosting and optimization, assessment management, and market insights.
Construct was established in 2013 and has challenged the status quo by doing the unexpected—emphasizing the value of quality production and design, both visual and instructional, in educational courses. With a global team, Construct continues to grow each year exponentially, expanding the team across geography and knowledge.
By working together, both Construct and OES will expand their capabilities to provide customers with enhanced expertise and deeper analytics, increased flexibility, and truly global client support.
The Future
“This announcement is hugely important for our companies and customers as we combine our strength and expertise to serve more learners on a truly global level,” said David Philipps, CEO of Construct. “The past few years have brought strong growth and solid financial performance, and we look forward to continued success as we work with OES.”
Construct has become a majority-owned subsidiary of OES and operates under its brand from Salt Lake City, London, and Cape Town.
Take a look at the official press release.
AUTHOR
The Construct PR & Marketing Team