Adtalem Global Education Acquires Walden University For $1.48B



Adtalem Global Education has announced it will acquire Walden University, a for-profit online university, for $1.48B from Laureate Education. Walden University is a for-profit online university.


While an online university may offer an attractive opportunity due to the impacts of Coronavirus, the for-profit university industry has been struggling as of late. Enrollment has been falling for several years and has now dropped more than 50% from its highs.


The deal is pending approval from the U.S. Department of Education and is expected to close during 2021.

  • Instagram
  • LinkedIn

Never Miss a Deal...

© 2021 Focus Finance