Blackstone-backed Simplilearn completed the acquisition of Fullstack Academy from Zovio.

Blackstone-backed Simplilearn, an online learning bootcamp, completed the acquisition of Fullstack Academy, a tech education company, from Zovio, an education services company. Financial terms were not disclosed. “This acquisition marks an exciting opportunity for our organization. Simplilearn is the world’s No. 1 online bootcamp. Together, we share an aligned mission of transforming lives by helping students from all backgrounds and skill sets learn the technical skills needed to secure in-demand jobs. We are very confident in the future success of our organization and excited about what the change of ownership will bring to all staff, students, partners, and alumni. I look forward to leveraging our shared vision with Simplilearn to bridge the digital skills gap in the U.S. market,” Jerrad Tausz, Fullstack Academy CEO.