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New Deal


Announced

Completed

National University System completed the acquisition of Northcentral University.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

online university

Acquisition

Private

United States

Completed

Education Services

Friendly

operation of colleges

operation of universities

Private Equity

Synopsis

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The private, nonprofit National University System completed the acquisition of Northcentral University, a online graduate degrees with an innovative “one-to-one” teaching model. Financial terms were not disclosed. The addition of NCU reinforces the National University System’s historic commitment to advancing educational opportunities for students of diverse backgrounds, including adult learners, as the demand for advanced-degree holders in the workforce continues to grow. It also represents a significant expansion of the National University System’s academic offerings from pre-college to the doctoral level. “I, personally, and the entire National University System family are pleased to welcome the exceptional faculty, staff and students of our newest affiliate member Northcentral University as they join us in our shared mission of supporting the academic and career goals of lifelong learners. As a nonprofit network, the National University System is dedicated to investing in our students and lowering the cost of a quality college degree through innovative approaches aimed at supporting their academic and workforce goals,” Dr. Michael R. Cunningham, National University System Chancellor.

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