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Management Team Acquires Professional Credential Services, Inc.
June 16, 2011 - Nashville, Tennessee - A management team consisting of Mark Setash and Jeff Blake, in partnership with a private investment firm, today announced the acquisition of Professional Credential Services, Inc. (PCS) from the National Association of State Boards of Accountancy, Inc. (NASBA). PCS focuses on providing examination development, examination administration and licensure, and certification services to state, national and international organizations responsible for the regulation and management of occupations and professions. Mark and Jeff bring with them more than twenty-five years of experience in the testing industry.

Since 1998, under NASBA's leadership, PCS has built a stellar reputation for providing a broad range of test services based on excellent customer service in the professions of engineering, land surveying, geology, landscape architecture, tattooing and body piercing, cosmetology, barbering, chiropractic, nursing home administration, funeral services, occupational therapy, professional planning, nursing, pharmacy, waste water management, veterinary medicine, psychology, auctioneering, fire protection, radiology, interior design and podiatry.

PCS has been and will continue to be firmly committed to providing all clients "Solutions That Exceed Expectations".

Mark Setash, PCS's new President and CEO explained that "our management philosophy of people and customer service first align so closely with NASBA's that it was natural that we would end-up buying PCS".

NASBA will continue to maintain a significant minority ownership stake in the company. "Mark and Jeff lead an ownership group that can build on the progress we've made at PCS. They will be able to achieve even higher levels of growth and service quality. In addition, their business approach aligns with NASBA's leadership and management principles. Each of these considerations made this deal particularly attractive to NASBA and PCS", said Ken Bishop, NASBA's current Chief Operating Officer and incoming Chief Executive Officer.

About PCS

Professional Credential Services, Inc. (PCS) was established in 1998 as a wholly owned subsidiary of the National Association of State Boards of Accountancy, Inc. (NASBA) to further expand service opportunities developed through NASBA's CPA Examination Services Division into non-accounting disciplines. Headquartered in Nashville, TN, PCS focuses on providing examination development, examination administration and licensure and certification services to state, national and international organizations responsible for the regulation and management of occupations and professions. PCS is firmly committed to providing all clients "Solutions That Exceed Expectations." PCS welcomes the opportunity to present its exceptional quality of service and attention to detail to your organization. More information is available at www.pcshq.com

 

Contact:   Ms. Andrea Bledsoe, Executive Vice President   

                [email protected]
                (615) 880-4227

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