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What happened to Apollo Education Group?

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When did Apollo Education get bought out?

Apollo Education Group Transaction On February 1, 2017, Apollo Education Group, Inc. announced the successful completion of its acquisition by a consortium of investors including The Vistria Group, LLC and funds affiliated with Apollo Global Management, LLC.

What is the case number for Apollo Education Group Inc v University of Phoenix?

Feb 18, 2022 · Some of the Major Companies covered in this Research are Adobe, Apollo Education Group, Blackboard Inc., Citrix systems Inc., Microsoft, Oracle Corporation, Pearson(Pearson plc), SAP SE ...

What does Apollon Education Group do?

Dec 17, 2021 · Know How your competitors approach the Education and Elearning Market McGraw-Hill, Edmodo, Desire2learn, Blackboard, Aptara, Cengage Learning, Oracle, Apollo Education, Docebo, Macmillan, British Council, Cornerstone Ondemand, Pearson & Educomp among others are some of the major and emerging companies operating in the market.

Who bought Apollo Education Group?

On February 1, 2017, Apollo Education Group Inc announced the completion of its acquisition by a consortium of investors including The Vistria Group, LLC and funds affiliated with Apollo Global Management, LLC.

Where is Apollo Education Group located?

Apollo Education Group, Inc. Apollo Education Group, Inc. is an American corporation based in the South Phoenix area of Phoenix, Arizona, with an additional corporate office in Chicago, Illinois. The company owns and operates several higher-learning institutions, including the University of Phoenix, BPP Holdings in the United Kingdom, ...

What is Apollo Global?

Apollo Global is a joint venture between the Apollo Group and the Carlyle Group. The two partners invested $1 billion in Apollo Global.

How much did Apollo pay in fines?

Lawsuits and financial reporting. After a separate investigation in 2004, the Apollo Group paid about $10 million in fines to the U.S. Department of Education, which had criticised UoP's admissions practices: for example, recruiters were paid bonuses depending on the numbers they signed up.

How much did Carlyle and Apollo invest in Vanta?

The two partners invested $1 billion in Apollo Global. The Apollo Group invested roughly $801 million and owns 80.1% of the new company. Carlyle invested $199 million and controls the remaining shares. Apollo Global replaced Apollo International. Apollo Global changed its name to Vanta Education.

What was Apollo's revenue in 2005?

Corporate revenues for the year ending August 31, 2005 were $2.251 billion. In 2008, Apollo Group formed a joint venture with Carlyle Group, called Apollo Global, to make international acquisitions. Apollo also purchased schools in Mexico and Chile.

When did Apollo Group sell its headquarters?

In March 2011 the Apollo Group sold its corporate headquarters in Arizona and leased it back in order to raise $170 million in cash. The deal with Cole Real Estate Investments included a 20-year lease requiring Apollo to remain in the complex. "In our view, it does not change the view of the company.