Higher Ed Dive
Ben Unglesbee
September 14, 2026
The healthcare-focused university will convert to a for-profit institution after having changed hands multiple times over the past decade.
Dive Brief:
- Perdoceo Education plans to acquire South University for up to $140 million in cash and other terms, the company announced Monday. The deal represents South’s fourth change in control in less than a decade.
- The boards of both entities have approved the deal, and Perdoceo expects to finalize the acquisition as early as April 2027, pending regulatory and accreditor approval.
- The company plans to invest in South University’s licensure exam prep and clinical placement for the university’s graduate students as well as faculty, program leadership and instructional technology.