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Announced

Completed

Penn Foster completed the acquisition of Carrus.

Synopsis

Penn Foster, a provider of digital and data driven learning solutions for high demand skills and jobs, completed the acquisition of Carrus, an e-learning company working in healthcare. Financial terms were not disclosed. "The combination of Penn Foster's skills-based training and Carrus' career placement services creates numerous, compelling benefits to students and employers as we aim to the close the gap between employment and training. We have long admired Carrus, a company whose values, mission and culture mirror our own. Together we will create greater value for employers by connecting them with highly trained employees entering the job market in 'hard to staff for' areas, while also providing learners with accessible, high quality, skills-based training and placement services to ensure a seamless transition to the workforce," Frank Britt, Penn Foster CEO.

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