Press release
American Public Education, Inc. Completes Acquisition of Graduate School USA
The Acquisition Provides Entry into Workforce Career Training Market CHARLES TOWN, W.Va., Jan. 3, 2022 /PRNewswire/ -- American Public Education, Inc.
About this update from American Public Education, Inc.
[{"type":"text","content":"The Acquisition Provides Entry into Workforce Career Training Market\n\n\nCHARLES TOWN, W.Va., Jan. 3, 2022 /PRNewswire/ -- American Public Education, Inc. (NASDAQ: APEI) today announced that it has completed its acquisition of substantially all the assets of Graduate School USA (\"GSUSA\"), effective January 1, 2022. GSUSA is a leading training provider to the federal workforce with an extensive portfolio of government agency customers. The acquisition further advances APEI's focus on training and degrees that help provide pathways to employment and career advancement. \n\n \n \n \n \n \n \n\n \nWashington, D.C.-based GSUSA's mission is closely aligned to APEI's focus on \"Educating the Service-minded\" and represents a strong complement to American Public University System's (APUS) core military and veteran student populations, as well as the nursing and healthcare student populations at Rasmussen University and Hondros College of Nursing. \n\"Educating service-minded students is the common thread that knits together our shared mission, and we are excited to welcome GSUSA's strong federal training capabilities to the APEI family,\" said APEI CEO Angela Selden. \"We are confident we can leverage our common values and deep expertise to deliver superior customer experiences to our federal customers and create further value for our shareholders.\"\nThe assets acquired from GSUSA – which delivers its training both in-person and through virtual learning – will operate as a new stand-alone unit of APEI and continue under the GSUSA name.\nGSUSA serves the federal workforce through customized contract training (B2G) to federal agencies and through open enrollment (B2C) to government professionals. Its customers include over 100 government agencies such as the Department of Defense and many of its branches; the Department of Homeland Security; Department of Health and Human Services; Department of Interior; Department of Justice; and the State Department.\nGSUSA's training catalog features over 300 courses focused on continuing federal professional development and leadership training to advance the performance of government agencies through the competency and career advancement of their employees. GSUSA has trained tens of thousands of government employees in practice areas like Federal Human Resources Management, Leadership, Federal Fi...