John Lock Joins Grace Hill as CEO, Founder Joe Bailey Named Executive Chairman

Staff Report From Augusta CEO

Tuesday, August 18th, 2015

Grace Hill, LLC, the leading provider of on-demand compliance and training solutions for the multifamily housing industry, today announced John Lock has joined the organization as Chief Executive Officer and company founder Joe P. Bailey III has been named Executive Chairman of the Board.

John Lock has more than 25 years of experience as an educator, successful investor/entrepreneur, and proven operator. Prior to joining Grace Hill, Lock was the President and CEO of Kaplan Performance Solutions (KPS), Market Leader of Kaplan's global B2B efforts, and, Chairman of Kaplan's New Business Initiatives Board. These efforts were primarily focused on helping client organizations achieve significantly improved outcomes by improving their learning and development efforts. Previous positions at Kaplan include President and CEO of Kaplan Higher Education Campuses and President of Kaplan Virtual Education. He continues to be involved in educational philanthropy.

"I am excited by the opportunity to work with such a talented group of founders and team members serving the compliance and organizational training needs in the multifamily industry," said Lock. "I am particularly looking forward to joining my colleagues and industry professionals at the company's Vision client conference in October to understand how we can continue to innovate and strengthen our offering as well as demonstrate new products and concepts for more effective training and development."

Joe Bailey, a 30 year veteran of the multifamily housing industry, said, "Grace Hill has a long and successful history as an innovator in multifamily education. We continue to seek creative ways to meet the evolving learning and development needs of the apartment industry's workforce. John's depth of experience in the learning and development industry, combined with our team's practical knowledge of multifamily, gives us a unique opportunity to leverage these perspectives as we define the future of Grace Hill's expanded education offerings and learning management technologies."

Following explosive growth from two acquisitions led by investment partner, Riverside Company, Grace Hill is experiencing unprecedented momentum in the market. Demand for education and technology solutions that increase employee performance and productivity is at an all-time high as owners and operators of multifamily housing communities focus on advancing skills and professional development of their associates to achieve their business goals.

Grace Hill is the leading provider of on-demand compliance and training solutions to the multifamily housing industry. Built on 17 years of experience, Grace Hill's suite of solutions are tailored to the specific needs of each business. Client organizations can minimize risk with Grace Hill's compliance solutions which are based upon the company's proprietary, court-approved training and robust reporting and tracking. Additionally, clients can ensure all employees have the necessary skills to be successful day one in their roles. Knowing every business is different, Grace Hill's team of training experts can customize solutions to the specific needs of each business.