Operating Company Education

Penn Foster

Scranton, Pennsylvania, United States

Provider of online and blended education and workforce training, bringing together Penn Foster and related education brands to deliver accredited learning programs and career-oriented credentials in partnership with employers and workforce stakeholders.

Focus Areas
Online education, Distance education, Workforce training

Tracked deals

3

3 tracked deals across 2019-2021.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

3 buyout

Penn Foster Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for Penn Foster. 1 2019 2 2021

Supporting Data

Recent Transactions

  • Penn Foster Combines with Carrus; Revelstoke Exits
    October 13, 2021
    Buyer
    Penn Foster Group
    Target
    Carrus
    Seller
    Revelstoke Capital Partners
    Industry
    Healthcare Services
    Location
    Utah, United States
    Type
    Buyout

    Penn Foster Group has combined with Carrus, acquiring the healthcare-focused learning and certification business and providing an exit for Revelstoke Capital Partners. Carrus (including CareerStep and CareerCert) delivers online healthcare training, continuing education and certification management and will join Penn Foster's workforce and online learning platform.

  • Penn Foster Acquires Sokanu (CareerExplorer)
    March 19, 2021
    Buyer
    Penn Foster
    Target
    Sokanu (CareerExplorer)
    Industry
    Education
    Location
    British Columbia, Canada
    Type
    Buyout

    Penn Foster has acquired Sokanu, the creator of the CareerExplorer career-discovery platform used by more than 10 million people annually. The deal (terms not disclosed) will combine Sokanu's labor-market intelligence, assessments and machine‑learning tools with Penn Foster's workforce-focused education and training offerings to better guide and upskill middle‑skill workers.

  • Penn Foster Acquires Ashworth College
    February 6, 2019
    Buyer
    Penn Foster
    Target
    Ashworth College
    Industry
    Education
    Location
    Georgia, United States
    Type
    Buyout

    Penn Foster, a workforce-focused online education provider, announced the acquisition of Ashworth College, an accredited online institution based in Norcross, Georgia. The deal creates a continuum for middle-skill training and expands Penn Foster's employer-aligned program offerings while maintaining existing courses for current students.

Related Acquisition Pages

Education Buyers & Acquisitions 2 tracked deals by Penn Foster. Healthcare Services Buyers & Acquisitions 1 tracked deal by Penn Foster. Acquisitions in Georgia 1 tracked deal by Penn Foster. Acquisitions in Utah 1 tracked deal by Penn Foster.

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