The story
The company was originally started in 1998 through a leveraged management buyout of the operation from its former parent company, FirstClass Systems Corp based in White Rock, BC. LearnStream Strategies relaunched in 2022, to provide strategic consulting and development services in the online education, corporate training, and eLearning space.
The company was founded by entrepreneurs Ken Reimer and Phil Lambert, who raised the capital and engineered the management buyout from the parent company. Reimer was previously president of FirstClass Systems Product Development Corporation, and had previous entrepreneurial adventures in Western Canada. Lambert was previously vice president of FirstClass Systems Product Development Corporation and brought extensive experience with large multi-national manufacturers and small start-ups to the venture.
The company was purchased in 2005 by Vitesse Learning, and operated from its New Brunswick base until the original LearnStream was folded into a merged entity.
In 2021 LearnStream was relaunched by the original founder Ken Reimer to serve a growing market for eLearning and online learning.
From Wikipedia’s article on LearnStream, shared under CC BY-SA 4.0.4