Kaplan seals acquisition of accounting educator SmartPros

• With approval of shareholders, Kaplan (GHC +2%) has wrapped up its acquisition of SmartPros.
• The deal, for about $16.9M, was struck with the accounting education firm in October.
• SmartPros, which logged $13.5M in revenues last year, features a set of services and content including the Financial Management Network, CPA Report and Smart Pros Advantage accounting subscription products. It has a library of more than 2,800 hours of education programming, primarily in online form.
• Previously: Kaplan agrees to buy UK advanced-education specialist (Dec. 14 2015)
• Previously: Kaplan boosting accounting-education offerings by acquiring SmartPros (Oct. 22 2015)