John Wiley & Sons Inc. (NYSE: JWA, JWB) has acquired Efficient Learning Systems, an e-learning system provider that specializes in professional finance and accounting, for $24 million.
ELS’s flagship product is aimed at training CPA candidates. CPAexcel includes online self-study, videos, mobile apps and planning tools, helping more than 65,000 professionals prepare for the CPA exam. The service will be delivered directly to professionals worldwide seeking to earn credentials. The company is based in Sedona, Ariz.