M&A Deal Summary

Lottus Education Acquires ULA

On October 11, 2019, Lottus Education acquired education company ULA from University of Phoenix

Acquisition Highlights
  • This is Lottus Education’s 1st transaction in the Education sector.
  • This is Lottus Education’s 1st transaction in Mexico.

M&A Deal Summary

Date 2019-10-11
Target ULA
Sector Education
Buyer(s) Lottus Education
Sellers(s) University of Phoenix
Deal Type Divestiture

Target

ULA

Mexico, Mexico
ULA is an operator of a university that runs high-school, traditional undergraduate & graduate, with online and on-campus programs. ULA has three campuses in Mexico City and one in Cuernavaca, Morelos. ULA was founded in 1976 and is based in Mexico City.

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Buyer(S) 1

Buyer

Lottus Education

Distrito , Mexico

Category Company
Founded 2015
Sector Education
DESCRIPTION

Lottus Education is a tech-powered consolidation platform of higher education in Mexico. Through its operating brands, Lottus Education offers high-school, undergraduate, and graduate educational programs and services, online and on-campus in Mexico. Lottus Education has more than 45,000 enrolled students, including over 20,000 digital students, nationwide. Lottus Education was founded in 2015 and is based in Distrito, Mexico.


DEAL STATS #
Overall 1 of 1
Sector: Education M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Mexico M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

University of Phoenix

Phoenix, Arizona, United States

Category Company
Founded 1976
Sector Education
Revenue 2.6B USD (2015)
DESCRIPTION
University of Phoenix

University of Phoenix is an educational institution that offers undergraduate, graduate, and doctoral programs. The University of Phoenix commits to provide working adults with higher education at times convenient to them. University of Phoenix was founded in 1976 and is based in Phoenix, Arizona.


DEAL STATS #
Overall 3 of 3
Sector: Education M&A 3 of 3
Type: Divestiture M&A Deals 3 of 3
Country: Mexico M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-06 Carnegie Learning

Pittsburgh, Pennsylvania, United States

Carnegie Learning is a comprehensive, dynamic, and progressive learning technology company. Carnegie Learning delivers powerful math, English language arts and world language software, blended learning solutions and professional learning services to over 1,500 school districts in all 50 states. Carnegie Learning was formed in 1997 and is based in Pittsburgh, Pennsylvania.

Sell -