Universal Technical Institute Acquires Concorde Career Colleges

May 3, 2022

Universal Technical Institute, Inc. (UTI) agreed to acquire Concorde Career Colleges, Inc. from Liberty Partners LLC for $50 million, expanding UTI's offerings into healthcare education. Concorde — a Mission, Kansas–based provider of blended healthcare and allied health programs serving ~7,400 students across 17 campuses — will broaden UTI's diversification and workforce-solutions strategy; the deal closed in December 2022.

Buyers
Universal Technical Institute, Inc.
Targets
Concorde Career Colleges, Inc.
Sellers
Liberty Partners LLC
Industry
Education
Location
Kansas, United States
Transaction Type
Buyout

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