Adtalem Global Education to acquire OnCourse Financial services for $121 million
U.S. based company, Adtalem Global Education, a leading workforce solutions provider announced to acquire the financial services division of OnCourse Learning for worth $121 million. OnCourse Learning is owned by Bertelsmann, an international media, services, and education company. OnCourse Learning, is a leading provider of compliance training, licensure preparation, continuing education and professional development across the United States. The deal is expected to close in the fiscal fourth quarter of 2019.
“With more than 1,700 courses, OnCourse Learning will provide added breadth and depth to our program offerings, so we can serve a broader range of needs in the financial services sector,” said Mr. Mehul Patel, Group President, Adtalem’s financial services business. This acquisition would help Adtalem Global Education to empower students to achieve their goals.