Friday, October 24, 2014

Sibling Group Holdings, Inc. (SIBE) Seeks Strong Growth Opportunities in E-Learning

Based out of Austin, Sibling Group Holdings operates within the growing field of e-learning, which IBIS Capital predicts will see fifteen-fold growth in the next ten years. With this multiple, IBIS Capital expects e-learning to grow to the point where it makes up 30% of the education market. Sibling provides benchmark quality online curriculum for the K-12 marketplace, complete course authoring tools, professional development for teachers, and learning management system (LMS) administration and support.

The dynamics of education are changing – online learning is coming more to the fray – and Sibling has committed itself to remaining at the forefront of this emerging trend. Increasing numbers of school districts have been turning to online and blended learning as ways to augment student learning. While definitions can vary, at its core, blended learning is a combination of supervised, in-person instruction and online education activities. The idea here is that when students are given access to online content that complements what they learn in traditional classroom learning, their entire learning experience is greatly enhanced.

Currently there is no single vendor that we know of with a complete solution for delivery and management of educational content, and tracking educational results, in the digital media space. With this goal in mind, Sibling is acquiring various educational technology businesses, or components, so it can deliver a complete solution, from curriculum to course certification. Earlier this year, Sibling announced its acquisition of Blended Schools Network (BSN), which currently handles the needs of 160 school districts. Last year, BSN had 300,000 course enrollments. In addition, the network continues to build up its content library, which currently has 212 courses, over 15,000 lessons, and over 12,000 videos. In recent months, Sibling has expanded the reach of BSN to students and teachers. In mid-October, Sibling increased student accessibility to BSN through its agreement with LoudCloud to have BSN content available on the LoudCloud learning management system (LMS).

And in mid-September, it was announced that BSN’s teacher professional development courses were now available through Udemy, a global marketplace serving over 3 million students from 190 countries. That development increased teacher access to BSN’s approximately 500 hours-worth of professional development course material. To date, more than 30,000 teachers nationwide have turned to BSN’s professional development courses.

One of Sibling’s assets is its leadership team, which is made up of experienced professionals with diverse experience. At Sibling’s helm is company CEO Maurine Findley, who has over 30 years of experience in primarily the proprietary post-secondary education industry. Her prior experience includes strategy, implementation, and operating roles with roll-up and investment portfolio companies, which have been both publicly and privately held entities. Findley’s background includes service as CFO in private equity backed multi-campus post secondary institutions. She holds a B.S. in Economics from the University of California, Irvine, from which she holds honors of Magna cum Laude, and continuing graduate studies prior to joining KPMG Peat Marwick, where she began her accounting career.

The other members of Sibling’s capable leadership team draw upon decade of other diverse experience. This includes experience in educational company launches, operations, and management; marketing and sales; accounting and finance; instructional design and implementation; corporate development and investor relations; and more.

For more information, visit: www.siblinggroup.com

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