11 February 2019 - Pennsylvania, US-based talent development pioneer Penn Foster, which partners with employers to attract, develop and retain talent for middle-skill jobs, has acquired Georgia, US-based online institution Ashworth College, offering degree and certificate programmes in fast-growing fields, as well as high school diplomas, the company said.
Terms of the transaction were not disclosed.
Penn Foster's acquisition of Ashworth College creates continuum for middle-skill learning that extends from high school to the world of work, and will help employers bridge skill and equity gaps in high-growth fields.
While the combination of the two institutions will create significant new opportunities for students and other institutional stakeholders, the transaction will have no impact on courses and programmes offered to current students.
Penn Foster is bridging the gap between education and economic opportunity to build the workforce of tomorrow. The company partners with employers to design and deliver digital and blended learning programmes that attract, upskill, and retain workers in America's fastest-growing fields and professions.
Ashworth College is a nationally-accredited online institution that provides flexible and affordable education to students located around the world.
Areas of study include more than 145 career-focussed programmes in the high-demand fields of healthcare, technology, business, creative services, education, legal studies, and trades.
Zix Closes USD 275m Acquisition of Cybersecurity Solutions Provider AppRiver
Legrand to Acquire Universal Electric to Expand Data Power/Control Capabilities
Lansons to Acquire Intermarket Communications Consultancy
KBS Fashion Group to Acquire Greece-Based Tribe Wearables Smart Tech Apparel Company
ITT to Acquire German Pump Maker Rheinhütte Pumpen for USD 91.5m
Instructure to Acquire Portfolium to Increase Connection Between Academic, Professional Worlds
Findley Acquires TAMS Group Human Capital Business
Envestnet | Tamarac to Acquire Schwab Performance Technologies´ PortfolioCenter
Entrust Datacard to Acquire Hardware Security Module Business from Thales
Comfort Systems USA to Acquire Texas-Based Walker Engineering Companies
Auto-Owners Insurance to Acquire Capital Insurance to Strengthen Position in Western US
Aquiline Capital to Acquire Relation Insurance Services from Parthenon Capital, Century Equity
TSN Acquires Cloudten to Expand Security Synergies, Fuel International Expansion
SWK Adds BACH Cloud Application Hosting Service
SVPGlobal to Acquire Food Ingredient, Ethanol Businesses from White Energy