American Public Education, Inc., which owns the for-profit American Public University System, has signed an agreement to acquire Graduate School USA, a non-profit based in Washington that provides workforce training to federal employees.
APEI is acquiring all of the institution’s assets for $1 million and is expected to close the transaction during the fourth quarter of this year.
“GSUSA’s curriculum and student populations represent tight adjacency with the markets that APEI currently serves,” said Angela Selden, CEO of APEI, in a release. “Graduate School USA is a non-Title IV business that will help diversify APEI with a strong foothold in the workforce training marketplace.”