Apollo Schooling Group Expands into Brazil

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Apollo Education Group, Inc. has announced its acquisition of a majority interest of 75% in Sociedade Técnica Educacional da Lapa S.A., a firm situated in Brazil which gives educational programming below the name Faculdade da Educacional da Lapa (“FAEL”).

Apollo acquired the interest for $ 28.9 million, in accordance to present exchange charges.

FAEL, which gives distance studying publish secondary schooling, has worked to aid college students all through the country of Brazil make skilled advancements, in accordance to Curtis Uehlein, Apollo International President.  Apollo Worldwide intends to incorporate their own online offerings in an effort to increase on FAEL’s applications.

“We are proud to welcome FAEL, a top quality provider of publish-secondary training in Brazil, to our worldwide studying network,” said Greg Cappelli, Apollo Schooling Group Chief Executive Officer. “Aligned with our diversification approach, our expansion into Brazil, a single of the most vibrant nations in the world supporting higher education, advances our mission to serve adult learners and match student and employer requirements around the world.”

With headquarters in Curitiba, Paraná, Brazil, FAEL offers undergraduate and graduate plans to around twelve,000 students, both on the internet, and at its one campus as effectively as 113 accredited undergraduate understanding centers across the nation.  The most nicely-known programs are in the regions of business, schooling and technological innovation.

The acquisition will enable Apollo to increase its hold on the education market in Brazil.  With the huge development occurring within the country, it is expected that there will soon be a need for a skilled work force.  FAEL will also advantage from the happenings, gaining the academic knowledge of the firm as effectively as its greatest practices as an training business, making it possible for FAEL to make the most of long term possibilities.

“We are pleased to join a sturdy network of world-class institutions of larger education,” said Luiz Silveira, Founder and CEO of FAEL. “We feel in the great worth of the partnership and look forward to the benefit of being portion of this international organization, as nicely as the chance for FAEL to proceed to enrich our offerings.”

Currently, Brazil has a large gap between abilities essential in the operate force and those that school college students are gaining.  The growing middle class is leading to an boost in demand for career-oriented packages, which personal groups like Apollo Education Group provide.

Apollo aims to create possibilities that permit for increased entry to training even though also advertising job and workforce readiness via its strengths and assets.  Scholarship packages are also produced offered, and the organization partners with neighborhood firms by means of in-kind donations as well as these of technological resources.

Apollo Training Group presently has institutions throughout the world, including the United Kingdom, Mexico, Chile, Australia and South Africa, as properly as a joint venture in India.

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