Edcetera expands presence in engineering education with acquisition of PrepFE exam preparation solution
WAUKESHA, Wis., September 15, 2022 /PRNewswire/ — Edcetethe Eden Capital-backed provider of continuing education, exam preparation and licensing programs, today announced the acquisition of PrepFE, an exam preparation platform that helps engineers pass the Fundamentals of Engineering (FE) exam to become Engineers-in-Training (EIT), a required step for future Professional Engineers (PE). Acquisition Continues Company’s Rapid Expansion into Engineering Education, Training and Licensing Market Following Acquisition of Continuing Education Provider SunCam earlier this year.
“With the global demand for engineers higher than ever, earning a professional license can provide a pathway to greater earning power, growth potential and autonomy for those just starting an engineering career. “, said Nader Qaimari, CEO of Edcetera. “Designed by engineers for engineers, PrepFE provides a comprehensive, intuitive, and most importantly, efficient exam preparation experience for engineers as they take their critical first step toward PE licensing.”
According to the Bureau of Labor Statistics, there are more than 1.6 million engineers in the workforce, a number that is expected to increase by 7% over the next 10 years, with an equal number faster pace growth in areas such as civil and mechanical engineering where obtaining a permit is often required to sign off and seal engineering plans that are submitted to public sector bodies or clients.
Since its inception by a team of engineers in 2017, PrepFE has become one of the most popular providers of FE exam preparation courses. The company’s research-driven exam preparation system provides students with comprehensive sample test questions along with detailed tips and explanations to help them improve their score. PrepFE courses currently help EIT aspirants pass the exams in Civil Engineering, Mechanical Engineering, Electrical and Computer Engineering, Chemical Engineering, and other disciplines.
“We’ve been focused on creating an exam preparation experience that harnesses the power of active learning to help engineers practice, hone problem-solving skills, and build confidence while they prepare. “, said Damien Sutevsky, founder of PrepFE. “We have been incredibly pleased to hear from so many early career engineers as we have passed. We look forward to working with the team at Edcetera to help even more engineers pass the FE exam and, in near future, to pass the PE exam as well.”
PrepFE is led by a team of subject matter experts – with experience at SpaceX, AECOM, Disney and Nantworks – who themselves hold MScs and PhDs in their respective fields and have professional experience in mechanical, aerospace, civil, electrical and computer disciplines. .
The acquisition will allow PrepFE to fuel investments in product innovation and the creation of new training offerings designed to meet the needs of engineers throughout their careers. Edcetera now offers engineering education offerings covering the entire professional life cycle, from career entry and exam preparation to continuing education and professional development.
Best known for creating widely used continuing education courses for licensed professionals and preparing for exams in engineering, architecture and skilled trades, Edcetera has evolved into an end-to-end provider of healthcare training and education. health, skilled trades and licensing. professions. “With the acquisition of PrepFE, Edcetera strengthens its commitment and support offer for engineering professionals throughout their careers”, explained Dina Said, managing partner of Eden Capital.
To learn more about the company’s suite of flexible programs created to advance workers’ careers, visit www.edcet.com.
About Edcetera: Edcetera is on a mission to help unlock opportunity by harnessing the power of accreditation and professional licensing. We help people at all stages of their career by providing licensing, test preparation and continuing education. Our extensive regulatory experience, coupled with our extensive subject matter expertise and agile delivery methods, allows us to quickly adapt to new and evolving regulatory and professional requirements and trends in healthcare, skilled trades and licensed professions.
About PrepFE: At the heart of PrepFE is a team of engineers who set out to build a new best-in-class product after learning the hard way that the FE exam preparation materials available at the time were of poor quality, impractical and expensive. . The result is an intuitive, affordable, and effective prep course that has helped thousands of budding EPs pass the FE exam.