Kirkland & Ellis LLP advised Altas Partners, a long-term oriented investment firm, on its acquisition of the University of St. Augustine for Health Sciences (USAHS) from Laureate Education, Inc. (NASDAQ: LAUR), the world’s largest global network of higher education institutions, for $400 million. USAHS is one of the nation’s leading universities offering graduate health sciences degrees, primarily in physical therapy, occupational therapy, and nursing, as well as continuing education programs. The transaction is expected to be completed in the fourth quarter of 2018 and is subject to regulatory approvals. The full press release is available here.
The Kirkland team was led by corporate partners Sarah Stasny, Michael Weisser and Nadia Karkar; debt finance partner Ashley Gregory; and tax partners Jared Rusman and Vincent Thorn.