Hero banner

categories

HOT TOPICS

apollo

Apollo Focusing on Employer-Paid Education, GI Bill

Posted on Tuesday, Jul 14th

Apollo Group (NASDAQ:APOL) recently announced Q3 results that continued to outshine market expectations. Q3 revenues crossed the billion-dollar mark for the first time to come in at $1.05 billion and represented growth of 26% over the year. EPS of $1.26 grew a significant 48% over the $0.85 earned a year ago. The market was expecting

Read Full Article »

Apollo Takes People Back To School Amidst Recession

Posted on Friday, Apr 10th

The educational program provider Apollo Group (NASDAQ:APOL), which owns the for-profit University of Phoenix, has been exceeding market expectations on a regular basis even in these depressed conditions, a testament to the company’s good execution capabilities and perhaps the popularity of going back to school as layoffs continue.

Apollo Needs Succession Planning

Posted on Tuesday, Nov 13th

The Apollo Group, Inc. (APOL), provides educational programs through its subsidiaries the University of Phoenix, Institute for Professional Development, the College for Financial Planning Institutes, Western International University, and Insight Schools. I previously discussed Apollo under potential LBOs, and later on in the context of Educate’s buyout. Apollo, however, is still public. Apollo announced Q4

Read Full Article »

Educate LBO: Done

Posted on Friday, Feb 16th

I had speculated in For Profit Education – More LBOs Coming that Educate (EEEE) and Apollo (APOL) were next up, at the heels of Laureate’s (LAUR) acquisition by KKR and associates. I had missed the announcement that Educate’s management has already arranged such a deal to take the owners of Sylvan tutoring services private. Tutoring

Read Full Article »

For Profit Education: More LBOs Coming

Posted on Sunday, Feb 4th

Marketwatch reports: The board of Laureate Education (LAUR), a for-profit provider of higher education, has agreed to a $3.1 billion buyout led by founder and Chief Executive Douglas L. Becker and backed by a private equity consortium including Kohlberg Kravis Roberts & Co., Citigroup Private Equity and hedge fund S.A.C. Capital Management LLC. Under the

Read Full Article »