Apollo Education Group, parent company of the University of Phoenix as well as Apollo Global, is in “advanced talks” to be purchased by Apollo Global Management, owner of McGraw-Hill Education and of Cengage debt. Got that? To clarify, the Apollo Education Group is the parent company of the University of Phoenix, and they have a […]
Apollo Global
Initial Thoughts on McGraw-Hill Education Acquisition
Update (12/1): Added excerpts from NY Post article re. Apollo holding of Cengage debt Earlier this week came the official news that McGraw-Hill Education (MHE) was being purchased by Apollo Global Management, a publicly-traded global alternative investment firm – roughly the equivalent of private equity in nature. Based on the PR Newswire report: The McGraw-Hill Companies […]