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RASMUSSEN COLLEGE

OVERVIEW

Rasmussen College is a for-profit, post-secondary education company that provides career-oriented classroom and on-line educational programs through a network of fifteen campuses nationwide. Its programs, which range from certificate to graduate level, are focused in IT, business and healthcare.


CEO1ST PARTNER(S)

Bob King, Chairman, is the former CEO of The Newtrend Group and Deltak, both successful prior Frontenac investments, and has partnered with Frontenac in numerous investments over the last 35 years. Michael Locke, CEO, is the former head of Bank of America’s education and training investment banking group. He also practiced law with Sullivan & Cromwell.

 

Robert E. King

J. Michael Locke



STATUS

Established in 2004 when the technology services business of Collegis was sold to SunGard and the company was renamed

Expanded Florida presence with acquisition of Webster College in 2004

The company expects to achieve continued significant growth as it benefits from a difficult economy

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