Wendel and Gridiron-backed Colibri Group completed the acquisition of the financial services segment of Adtalem Global Education for $1bn.

Wendel, a French investment company, and Gridiron-backed Colibri Group, a provider of online learning solutions, completed the acquisition of the financial services segment of Adtalem Global Education, a workforce solutions provider, for $1bn. "We are enthusiastic about the opportunity to invest in ACAMS, a global leader in training and certifications for financial crime prevention. ACAMS is a successful mission-driven organization aligned with Wendel’s values. As a provider of services that ultimately reduce the funding of terrorism and human trafficking (among other nefarious activities), it fits well with Wendel’s CSR values. The investment represents a new milestone in our 2021-24 roadmap, and our announced target to accelerate the redeployment of our capital toward companies with higher growth rates," André François-Poncet, Wendel Group CEO.