DENVER, Aug. 7, 2018 /PRNewswire/ -- TwentyEighty announces that it has entered into a definitive agreement to sell Omega Performance, an industry-leading provider of blended learning and training solutions for the financial industry, to Moody's Corporation. Omega will complement the learning solutions offered by Moody's Analytics, a leading provider of financial intelligence and analytical tools, including a range of learning solutions and certifications.
"We are pleased to make this announcement today about our process to transition the Omega business to a suitable home. We are delighted to have worked with Moody's as the acquirer and believe that, once the sale is concluded, the combination of Omega and Moody's Analytics' credit training solutions will be very strong," said Andrew Huddart, TwentyEighty's CEO.
The closing of the sale is subject to customary closing conditions set out in the sale agreement, and we presently expect the sale to close within 30 days.
About: TwentyEighty is a portfolio of some of the most respected learning, development, and performance improvement brands in the industry, including Miller Heiman Group, VitalSmarts, AchieveForum, Strategy Execution & Omega Performance. www.twentyeighty.com
SOURCE TwentyEighty
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