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American Public Education, Inc. Completes Acquisition Of Graduate School Usa

Jan 03, 2022almost 4 years ago

Acquiring Company

American Public Education

Acquired Company

Graduate School USA

Charles TownEducation

Description

American Public Education, Inc. (NASDAQ: APEI) today announced that it has completed its acquisition of substantially all the assets of Graduate School USA ("GSUSA"), effective January 1, 2022. GSUSA is a leading training provider to the federal workforce with an extensive portfolio of government agency customers. The acquisition further advances APEI's focus on training and degrees that help provide pathways to employment and career advancement.

Company Information

Company

American Public Education

Location

Charles Town, West Virginia, United States

About

American Public Education, Inc. (Nasdaq: APEI) educates the service minded student by providing career-focused higher education and training that enable pathways to employment and career advancement. APEI operates through four wholly owned subsidiaries and delivers corporate businesses services to each. American Public University System, which operates through American Military University and American Public University, is the leading educator to active-duty military and veteran students and serves approximately 90,000 adult learners worldwide. APUS is regularly cited as one of the most affordable universities in the United States. Rasmussen University is a 120-year-old institution that serves approximately 16,900 students across its 23 campuses and student service centers in six states and online. It is a Nursing and Health Sciences-focused institution, also with schools of Business, Technology, Design, Early Education and Justice Studies. Hondros College of Nursing "creates new nurses" by educating pre-licensure nursing students at its six campuses in Ohio and one in Indiana and is the largest educator of PN (LPN) Nurses in the state of Ohio with approximately 2,300 students. Graduate School USA is a leading training provider to the federal workforce with an extensive portfolio of government agency customers. It serves the federal workforce through customized contract training (B2G) to federal agencies and through open enrollment (B2C) to government professionals. Both APUS and Rasmussen are institutionally accredited by the Higher Learning Commission with Open Pathway designation. Hondros is accredited by the Accrediting Bureau of Health Education Schools. GSUSA is accredited by ACCET.

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Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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Success factor
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