Add-on Acquisition • Consumer Services

Adtalem Global Education Acquires Damásio Educacional SA

On February 2, 2015, Adtalem Global Education acquired consumer services company Damásio Educacional SA

Acquisition Context
  • This is Adtalem Global Education’s 1st transaction in the Consumer Services sector.
  • This is Adtalem Global Education’s 1st transaction in Brazil.

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M&A Deal Summary

Date February 2, 2015
Target Damásio Educacional SA
Sector Consumer Services
Buyer(s) Adtalem Global Education
Deal Type Add-on Acquisition
Advisor(s) BMO Capital Markets (Financial)

Target Company

Damásio Educacional SA

Sao Paulo, Brazil
Damásio Educacional SA providers of test preparation for the bar examination in Brazil and also offers undergraduate and graduate law programs.
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Buyer Overview 1

Buyer

Adtalem Global Education

Chicago, Illinois, United States

Category Company
Founded 1987
Sector Education
Employees4,624
Revenue 1.6B USD (2024)
DESCRIPTION
DeVry's corporate headquarters in Downers Grove, Illinois.
DeVry's corporate headquarters in Downers Grove, Illinois.

Adtalem Global Education is a provider of educational services and the parent organization of the American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College, Chamberlain College of Nursing, DeVry Brasil, DeVry University, Ross University School of Medicine and Ross University School of Veterinary Medicine. Adtalem Global Education was founded in 1987 and is headquartered in Chicago, Illinois.


Deal Context for Buyer #
Overall 4 of 7
Sector: Consumer Services 1 of 1
Type: Add-on Acquisition 4 of 5
Country: Brazil 1 of 2
Year: 2015 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-31 Advanced Academics

Oklahoma City, Oklahoma, United States

Advanced Academics, Inc. is a distance learning company that offers accredited secondary school courses for students in grades 7 – 12 via the Internet.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-15 Grupo Ibmec Educacional S.A.

Sao Paulo, Brazil

Grupo Ibmec Educacional S.A. is a provider of educational services.

Buy RON699M