August 19, 2019
Kaplan Acquires the Healthcare Assets of Becker Professional Education
New York, NY (August 19, 2019) — Kaplan, a premier provider of educational and career services, announced it has acquired certain of the healthcare test preparation assets of Becker Professional Education, a subsidiary of Adtalem Global Education (NYSE: ATGE), a leading global workforce solutions provider. In conjunction with the acquisition, Kaplan also entered into multi-year deals with Adtalem to provide USMLE review programs to its two medical schools, Ross University School of Medicine and American University of the Caribbean School of Medicine. Terms of the transaction were not disclosed.
The acquisition includes certain assets related to Becker’s U.S. Medical Licensing Exam (USMLEⓇ) review programs.
The move expands Kaplan’s reach among medical students preparing for the USMLE. The acquisition is also Kaplan’s latest signal of its commitment to investment in the health care and education space. Last year, Kaplan advanced its capabilities in health care training with the acquisition of i-Human Patients, a leader in virtual interactive medical simulation.
“With the U.S. facing a projected shortage in healthcare professionals in the coming years, medical students are becoming an increasingly vital demographic, which makes ensuring their training and development critically important,” said Steven Marietti, President of Kaplan Prep & Achieve. “Along with our partner schools, we’re committed to providing more students with high-quality preparation and training resources to help them on their professional journeys to becoming licensed physicians and nurses. This acquisition will help us expand educational support for future healthcare professionals.”
Kaplan, Inc. serves more than one million students globally each year through its array of higher education, test preparation, professional education, English-language training, and university preparation programs, and offerings to individuals, institutions, and businesses. Kaplan has operations in about 30 countries, employs more than 12,000 full- and part-time professionals, and maintains relationships and partnerships with more than 1,000 school districts, colleges, and universities, and about 10,000 corporations and businesses. Kaplan is a subsidiary of Graham Holdings Company (NYSE : GHC) and its largest division.
About Adtalem Global Education
The purpose of Adtalem Global Education is to empower students to achieve their goals, find success, and make inspiring contributions to our global community. Adtalem Global Education Inc. (NYSE: ATGE; member S&P MidCap 400 Index) is a leading workforce solutions provider and the parent organization of Adtalem Educacional do Brasil (IBMEC, Damásio and Wyden institutions), American University of the Caribbean School of Medicine, Association of Certified Anti-Money Laundering Specialists, Becker Professional Education, Chamberlain University, EduPristine, OnCourse Learning, Ross University School of Medicine and Ross University School of Veterinary Medicine. For more information, please visit adtalem.com and follow us on Twitter (@adtalemglobal) and LinkedIn.
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