Apollo Education Group Acquired by Consortium of Investors

February 1, 2016

S&C client 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. Under the terms of the merger agreement, Apollo Education Group shareholders will receive $10.00 per share in cash for both Class A and Class B shares.
Apollo Education Group, Inc. is one of the world's largest private education providers.
The S&C team representing Apollo Education Group was led by Frank Aquila and Melissa Sawyer, along with Jinhee Chung, Julia Kim, Jared Snyder, Conlon Danberg, Steven Levick, Mimi Wu and Bonnie Macfarlane. Neal McKnight and Joyce Kwok advised on financing matters; Eric Queen, Steven Holley, Joseph Matelis and Juan Rodriguez advised on antitrust and competition law matters; Matthew Friestedt and Regina Readling advised on employment matters; Ronald Creamer and Jonathan Rhein advised on tax matters; Matthew Brennan advised on environmental matters; and Eric Kadel advised on international trade and other regulatory matters.