NexPhase Capital-backed KnowFully Learning Group to acquire The Income Tax School.

NexPhase Capital-backed KnowFully Learning Group, a provider of continuing professional education, exam preparation courses, and digital learning solutions, agreed to acquire The Income Tax School, a provider of training programs, continuing education courses, and certificate programs for individuals seeking to start or accelerate careers in tax preparation. Financial terms were not disclosed. "ITS is a strong complement to Surgent's expansive portfolio of educational solutions for accounting, tax, and finance professionals. They've developed a stellar reputation within their target market and we are confident that together we will be able to build upon ITS' strong foundation to expand and diversify our learning solutions for tax professionals," Eric Cantor, KnowFully CEO.