M&A Deal Summary

Universal Technical Institute Acquires Concorde

On May 4, 2022, Universal Technical Institute acquired education company Concorde

Acquisition Highlights
  • This is Universal Technical Institute’s 2nd transaction in the Education sector.
  • This is Universal Technical Institute’s 3rd transaction in the United States.
  • This is Universal Technical Institute’s 1st transaction in Kansas.

M&A Deal Summary
Date 2022-05-04
Target Concorde
Sector Education
Buyer(s) Universal Technical Institute
Deal Type Add-on Acquisition

Target

Concorde

Mission, Kansas, United States
Concorde is a for-profit postsecondary educational institution that trains students for allied health careers including Medical Assisting, Dental Assisting, Insurance Coding, Respiratory Therapy, Surgical Technology, Vocational/Practical Nursing, and more. Concorde was founded in 1968 and is based in Mission, Kansas.

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Buyer(S) 1

Buyer

Universal Technical Institute

Phoenix, Arizona, United States
Category Company
Founded 1965
Sector Education
Employees3,000
Revenue 607M USD (2023)
DESCRIPTION

Universal Technical Institute is a provider of post-secondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians. Universal Technical Institute was founded in 1965 and is based in Phoenix, Arizona.

DEAL STATS #
Overall 3 of 3
Sector (Education) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Kansas) 1 of 1
Country (United States) 3 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-29 MIAT College of Technology

Canton, Michigan, United States

MIAT College of Technology provides technical career training in the fields of Aviation Maintenance, Energy, Logistics, and HVACR. MIAT College of Technology was founded in 1969 and is based in Canton, Michigan.

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