RASMUSSEN COLLEGE

OVERVIEW

Rasmussen College is a for-profit, post-secondary education company that provides career-oriented classroom and on-line educational programs 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 at five different companies. Michael Locke, CEO, previously served as SVP for Collegis, a Frontenac portfolio company that provided IT services to higher education, and was head of Bank of America’s education and training investment banking group.

 

Robert E. King

J. Michael Locke



STATUS

Spun out as a separate company when the IT services business of parent company Collegis was sold to SunGard, 2004

Has expanded geographically and through online presence

Frontenac sold its remaining interest, 2008

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