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Penn Foster Group Mergers & Acquisitions

Penn Foster Group M&A Summary

Penn Foster Group has acquired 5 companies of its own, including 3 in the last 5 years. A total of 3 acquisitions came from private equity firms.

Penn Foster Group has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include internet software and services (50%) and education (25%).

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity4
  • Total Sectors Invested 3
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 5

Penn Foster Group

PF Carrus Careers LLC

200 Hickory St.,
Scranton, Pennsylvania 18505
United States,
(800) 275-4410
www.pennfoster.edu

All (4) Buy (4) Sell (-)
Date Target Value
$mlns 		Transaction Type Acquirer Seller SRC
Link
2021-10-13 Carrus · Internet Software and Services
Lehi, Utah · www.careerstep.com

Carrus is a provider of online competency-driven education courses to students throughout the United States and in several foreign countries. Carrus was established in 1992 and is based in Lehi, Utah.

Advisors: William Blair , Winston & Strawn 		- Add-on Acquisition

Everberg Capital PE

Penn Foster Group

NMP Capital PE

Revelstoke Capital Partners PE


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