acquisition of Career Partner GmbH
Baird served as exclusive financial advisor to Apollo Global on this transaction.
AboutApollo Education Group, Inc. (“Apollo Education Group”) (NASDAQ: APOL) announced its wholly-owned subsidiary Apollo Global, Inc. (“Apollo Global”) has acquired Career Partner Group (“CPG” or the “Company”) from AUCTUS Capital Partners AG (“AUCTUS”), for a consideration of approximately €96 million (approximately $105 million as of the transaction date) plus a contingent cash payment of up to €11 million (approximately $12 million as of the transaction date).
CPG is Germany’s leading provider of private education and personnel development. The Company offers academic state-approved study programs, certified trainings, and innovative continuous education programs for experts and managers of all industries. CPG is one of the largest e-learning providers in Germany offering a multitude of courses, distance learning modules, company-specific solutions, and services in the field of digital learning. CPG is headquartered in Munich, Germany.
Apollo Education Group is one of the world’s largest private education providers, serving students since 1973. Through its subsidiaries, Apollo Education Group offers undergraduate, graduate, professional development and other non-degree educational programs and services, online and on-campus principally to working learners. Its educational programs and services are offered throughout the United States and in Europe, Australia, Latin America, Africa and Asia, as well as online throughout the world. Apollo Education Group is headquartered in Phoenix, Arizona.
With more than 80 transactions since 2001, AUCTUS is the leading private equity firm for the German speaking SME sector. With assets under management of more than €500 million, AUCTUS builds on a loyal investor base of renowned financial institutions, successful entrepreneurs and family offices. AUCTUS is headquartered in Munich, Germany.
For additional information about this transaction, please contact:
- December 2015
- Apollo Education Group, Inc.
- Technology & Services
- Target Location
- Acquiror Location
- North America
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