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Perdoceo Education agrees to buy South University for up to $214 million

PUBT·09/14/2026 12:01:12
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Perdoceo Education agrees to buy South University for up to $214 million
  • Perdoceo agreed to buy 100% of South University, with closing expected as early as April 2027.
  • Cash consideration: USD 130 million–USD 140 million at closing, USD 18 million deferred over 24 months, up to USD 56 million earn-out.
  • South University had about USD 291 million revenue, about USD 34 million adjusted operating income, about 10,500 students in 2025.
  • South operates 11 campuses across several US states, with additional online programs.
  • Perdoceo expects the deal to lift adjusted operating income starting in 2027, with further growth projected in 2028.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perdoceo Education Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260914271514) on September 14, 2026, and is solely responsible for the information contained therein.