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M&A Deal Summary

Laureate Acquires Prometric

On July 21, 1995, Laureate acquired education company Prometric for 75M USD

Acquisition Highlights
  • This is Laureate’s 1st transaction in the Education sector.
  • This is Laureate’s largest (disclosed) transaction.
  • This is Laureate’s 1st transaction in the United States.
  • This is Laureate’s 1st transaction in Maryland.
Investment Fate
  • Prometric was divested to a consortium of strategic buyers in 2000 for 775M USD.
  • Prometric was divested to a strategic buyer in 2007 for 435M USD.
  • Prometric was sold to a financial buyer in 2018.

M&A Deal Summary
Date 1995-07-21
Target Prometric
Sector Education
Buyer(s) Laureate
Deal Type Add-on Acquisition
Deal Value 75M USD

Target

Prometric

Baltimore, Maryland, United States
Prometric provides technology-enabled assessment services, providing paper-and-pencil, Internet and computer-based testing solutions. It offers a fully integrated testing system that includes test development, test delivery and data management capabilities. Prometric was founded in 1990 and is based in Baltimore, Maryland.

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Buyer(S) 1

Buyer

Laureate

Miami, Florida, United States
Category Company
Founded 1998
Sector Education
Employees28
Revenue 1.5B USD (2023)
DESCRIPTION

Laureate is a provider of higher education. The company’s network of 60 accredited campus-based and online universities offers undergraduate and graduate degree programs to more than 740,000 students across 29 countries. Laureate offers more than 130 career-focused, undergraduate, master’s, and doctoral degree programs in fields including architecture, art, business, culinary arts, design, education, engineering, health sciences, hospitality, information technology, law, and medicine. Laureate was founded in 1998 and is based in Baltimore, Maryland.

DEAL STATS #
Overall 1 of 2
Sector (Education) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (1995) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-27 Prometric

Baltimore, Maryland, United States

Prometric provides technology-enabled assessment services, providing paper-and-pencil, Internet and computer-based testing solutions. It offers a fully integrated testing system that includes test development, test delivery and data management capabilities. Prometric was founded in 1990 and is based in Baltimore, Maryland.

Sell $775M
Mergr

Product

Company

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