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CHICAGO–(BUSINESS WIRE)–Apr 15, 2019–Adtalem Global Education Inc. (NYSE: ATGE), a leading workforce solutions provider, announced it has entered into a definitive agreement to acquire the financial services division of OnCourse Learning, a Brookfield, Wisconsin-based leading provider of compliance training, licensure preparation, continuing education and professional development across the United States. The total consideration for the transaction is approximately $121 million in cash, subject to customary post-closing adjustments, and is expected to close in the fiscal fourth quarter of 2019. OnCourse Learning is owned by Bertelsmann, an international media, services and education company.
“This acquisition aligns with Adtalem’s enterprise strategy, strengthening our position as a leading workforce solutions provider,” said Lisa Wardell, president and CEO of Adtalem. “The OnCourse Learning solution