Graduate School USA (GSUSA) has signed an agreement to be acquired by American Public Education, Inc. (NASDAQ: APEI), a leading education services provider that offers respected, innovative, and affordable educational programs and services through its wholly owned subsidiaries: American Public University System (APUS), which encompasses American Public University (APU) and American Military University (AMU); and Hondros College of Nursing (HCN).
GSUSA, which possesses a catalog of over 300 courses focusing on foundational and continuing professional development, as well as leadership training to advance the performance of government agencies through the competency and career advancement of its employees, will be a new stand-alone subsidiary of APEI. The transaction is anticipated to close during the fourth quarter of 2021, subject to certain closing conditions, including approval by or notices to regulatory and accrediting bodies.
APEI’s educational institutions serve approximately 90,000 adult learners worldwide and offer more than 240 degree and certificate programs in fields ranging from homeland security, military studies, intelligence, and criminal justice to technology, business administration, public health, nursing, and liberal arts. “We are excited to be joining the APEI family,” said GSUSA President and CEO Jack Maykoski. “Our commitment to supporting the federal workforce with training solutions to help them advance their careers and their agencies’ missions is a natural fit with APEI’s focus on career training and degrees that help provide pathways to employment and advancement,” he said. The acquisition furthers the organization’s mission by giving students a greater breadth and depth of content, as well as technological advantages that will facilitate a more sophisticated learning environment.
Womble Bond Dickinson and Tyton Partners acted as advisors to Graduate School USA in this transaction.