CHICAGO--(BUSINESS WIRE)--
Adtalem Global Education (NYSE: ATGE), a leading global education
provider, today announced the completion of the transfer of ownership of
DeVry University (DVU) and its Keller Graduate School of Management to
Cogswell Education LLC. Today’s announcement closely follows Adtalem’s
disclosure of the transfer of ownership of Carrington College to San
Joaquin Valley College, Inc. (SJVC Inc.) which was completed on Dec. 4,
2018. Post divestitures, Adtalem Global Education’s U.S. postsecondary
degree-granting institutions serve the high-demand, rapidly growing
medical and healthcare markets.
Cogswell Education, LLC assumed full ownership of DVU on Dec. 11, 2018.
This transition enables DVU to further pursue its growth strategy while
maintaining focus on successful student outcomes and students’ ability
to achieve their career goals.
On Dec. 4, 2018, Adtalem completed the transfer of Carrington College to
SJVC, Inc., a family-owned, California-based career college. Carrington
College, which will retain its brand, will benefit from partnering with
a comparable institution.
“We are confident we have found the right partners for DVU and
Carrington, as each institution begins the next chapter in its legacy of
serving students,” said Lisa Wardell, president and CEO of Adtalem
Global Education. “We are grateful for the incredible efforts over the
past year on the part of the teams from Cogswell and SJVC to ensure a
smooth transition for our students, faculty and employee teams. As we
look ahead, Adtalem’s remaining institutions and companies create a
focused, performance-oriented portfolio; competing in areas where we
have the right to win with platforms upon which we have tremendous
opportunities to grow.”
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 global education 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, Ross
University School of Medicine and Ross University School of Veterinary
Medicine. For more information, please visit adtalem.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181211005999/en/
Ernie Gibble
ernie.gibble@adtalem.com
630-353-9920
Source: Adtalem Global Education