Afya Limited Acquires Unidom Participações S.A. (Unidompedro and Faculdade Dom Luiz)

Afya Limited Acquires Faculdade Única de Contagem (FUNIC)

May 7, 2025

Education

Afya Limited closed the acquisition of 100% of Faculdade Masterclass Ltda. (FACULDADE ÚNICA DE CONTAGEM, “FUNIC”), a pre‑operational medical school in Contagem, Minas Gerais, Brazil. The aggregate purchase price is R$100 million (R$60m paid in cash on May 7, 2025; R$40m in three annual CDI‑adjusted installments) plus contingent consideration for up to 60 additional medical seats if approved by MEC within 36 months.

Afya Limited Acquires Além da Medicina

March 4, 2022

Healthcare Services

Afya Limited executed a purchase agreement to acquire 100% of the total share capital of Além da Medicina through its wholly owned subsidiary Afya Participações S.A. The transaction was structured with an enterprise value of R$16.0 million paid to sellers in cash, with an additional earn-out of up to R$19.2 million tied to 2023 and 2024 revenue goals. Afya later announced the acquisition closed.

Afya Limited to Acquire UNIT Alagoas and FITS Jaboatão dos Guararapes

October 13, 2022

Healthcare Services

Afya Limited entered into a share purchase agreement to acquire 100% of the total share capital of Sociedade Educacional e Cultural Sergipe DelRey Ltda., which operates Centro Universitário Tiradentes Alagoas (UNIT Alagoas) and Faculdade Tiradentes Jaboatão dos Guararapes (FITS Jaboatão dos Guararapes). The deal includes a licensed use of the UNIT and FITS brands for Afya during the first year. The enterprise value is R$825.0 million, with R$575 million paid in cash at closing and R$250 million paid in three annual installments, and is expected to add 340 medical school seats to Afya.

Afya Limited Acquires CardioPapers

April 5, 2022

Education

Afya Limited, through its subsidiary Afya Participações S.A., acquired 100% of CardioPapers, a Brazilian cardiology-focused medical education platform, for an enterprise value of R$35.0 million in cash plus an earn-out of up to R$15 million. The acquisition adds cardiology content and digital education capabilities to Afya's medical education ecosystem; CardioPapers reported ~7,000 students in 2021 and expected R$18.8 million gross revenue for 2022.

Afya Limited Acquires Glic

May 23, 2022

Healthcare Services

Afya Limited, through its subsidiary Afya Participações S.A., acquired 100% of Glic, a Brazil-based diabetes care and management app. The purchase (enterprise value R$22 million plus up to R$12 million in earn-outs) expands Afya’s digital services into the physician–patient relationship pillar and strengthens its healthtech ecosystem.

Perdoceo Education Corporation Acquires University of St. Augustine for Health Sciences

December 2, 2024

Healthcare Services

Perdoceo Education Corporation (NASDAQ: PRDO) completed the acquisition of University of St. Augustine for Health Sciences (USAHS) for approximately $138 million in cash (net of cash acquired). USAHS is a multi-campus graduate health sciences university with online programs; Perdoceo expects the acquisition to be immediately accretive to adjusted operating income and to drive further growth in 2026.