DOWNERS GROVE, Ill., Dec 18, 2014 (BUSINESS WIRE) -- DeVry Education Group DV, +2.10% a global provider of educational services, today announced that DeVry Brasil has entered into an agreement to acquire Faculdade Ideal (Faci). Located in Belém, Pará in northern Brazil, Faci currently serves approximately 2,500 students and offers undergraduate programs in high-demand career fields such as law, education, accounting, technology and engineering. The transaction is expected to be completed in the third quarter of fiscal 2015.
DeVry Brasil currently operates nine educational institutions in the country’s northeastern and northern region: Fanor in Fortaleza, Ceará; ÁREA1 and Ruy Barbosa, both located in the city of Salvador, Bahia; Faculdade Boa Viagem (FBV) in Recife, Pernambuco; Unifavip in the city of Caruaru, Pernambuco; DeVry João Pessoa in João Pessoa, Paraíba; Facid located in Teresina, Piauí; and DeVry São Luis, in the city of São Luis, Maranhão. In September, DeVry Brasil acquired Faculdade Martha Falcão (FMF), in the city of Manaus, Amazonas. Including FMF, these institutions provide education to more than 36,000 students across 15 campuses, offering undergraduate and graduate programs in business, healthcare, law and engineering. Further, this announcement comes just days after DeVry Group announced it signed a definitive agreement to acquire Damásio Educacional, one of the largest providers of test preparation for the bar exam in Brazil, and offers undergraduate and graduate programs in law and business.
“We look forward to welcoming Faculdade Ideal to the DeVry Group family,” said Daniel Hamburger, DeVry Education Group’s president and CEO. “Faci has a solid academic reputation and is a strategic fit with DeVry Brasil’s positioning and strengths.”
DeVry Group’s goals for Faci include expanding the institution’s programs and making further investments in academic quality and student services. Students and faculty of Faci will benefit from the exchange of academic best practices with other DeVry Brasil institutions and significant investments in infrastructure and technology. As with students from other DeVry Brasil institutions, Faci students will have the opportunity to develop academic projects with students from the United States and other countries where DeVry Group has a presence. Colleagues of Faci will also have opportunities for professional growth within the institution and other DeVry Brasil institutions.
Faci is recognized by the Brazilian government as having among the best General Index of Courses (IGC) in Pará. IGC is an instrument used by Brazil’s Ministry of Education to evaluate higher education institutions. IGC rankings are based on a weighted average of metrics used to rate undergraduate and graduate programs at each institution.
No comments:
Post a Comment