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Adtalem Completes Acquisition of Walden University

Adtalem Global Education, a leading workforce solutions provider, announced the completion of its acquisition of Walden University, a leading online healthcare and behavioral sciences education provider, from Laureate Education, Inc. With a projected nursing shortage of more than 500,000 registered nurses by 20301 and a shortage of up to 139,000 physicians by 20332, this transaction has enhanced Adtalem’s ability to address the rapidly growing and unmet demand for healthcare professionals in the U.S. through greater scale and a wider array of healthcare educational offerings.

“I am delighted to officially welcome Walden University to the Adtalem family,” said Lisa Wardell, chairman and CEO of Adtalem. “The acquisition of Walden is a pivotal step in expanding our scale as a leading workforce solutions provider. By expanding access to education — through complementary programs and offerings, and enhanced capabilities — we are better positioned to address critical workforce shortages and health inequities, improve patient outcomes and ultimately strengthen the resilience of the healthcare ecosystem.”

The addition of Walden enables Adtalem to further advance its workforce solutions strategy by enhancing its focus on the fast-growing and dynamic healthcare industry and expanding its digital platform capabilities. With a concentration of online graduate-level healthcare programs that are complementary to Adtalem’s core offerings, Walden significantly expands the company’s breadth and best-in-class modalities to further enable it to reimagine the future of healthcare education. Adtalem’s family of institutions will have nearly 140,000 total student enrollments, with 82% of students in online learning modalities.

Source: Businesswire