Apollo Education Group Develops Platform to Invest in Innovative Products, Services and Technologies
December 04 2014 - 8:00AM
Business Wire
Apollo Education Group, Inc. (NASDAQ: APOL) today announced the
formation of Apollo Education Ventures, LLC, a new platform created
to support entrepreneurial ventures and emerging companies that are
developing the latest innovations in higher education, professional
development and human capital management.
“Apollo Education Ventures provides a tremendous opportunity for
Apollo Education Group to partner with young companies that embody
the spirit of innovation,” said Greg Cappelli, chief executive
officer, Apollo Education Group, Inc. “We are excited to build
long-term relationships with best-in-class management teams and
their investment partners to provide value far beyond the financial
capital we bring to start-ups and entrepreneurs.”
The platform will support entrepreneurial ventures with capital,
experience, strategy, business development and exposure to global
relationships to promote education innovation and accelerate
portfolio company growth and success. Apollo Education Ventures
will make minority investments based on a broad set of criteria
that will focus on early, mid- and late-stage venture opportunities
across higher education, professional development and related human
capital sectors.
Apollo Education Ventures has partnered with Touchdown Ventures
Inc., a venture capital firm that works with leading corporations
to establish and manage their corporate venture capital platforms.
Touchdown Ventures will support Apollo Education Ventures at all
stages including deal sourcing, due diligence and portfolio company
management.
For more information about Apollo Education Ventures, please
visit Apollo.edu/ventures.
About Apollo Education Group, Inc.
Apollo Education Group, Inc. is one of the world’s largest
private education providers and has been in the education business
since 1973. Through its subsidiaries: Apollo Global, College for
Financial Planning, University of Phoenix, and Western
International University, Apollo Education Group offers innovative
and distinctive educational programs and services, online and
on-campus, at the undergraduate, master's and doctoral levels. Its
educational programs and services are offered throughout the United
States and in Europe, Australia, Latin America, Africa and Asia, as
well as online throughout the world. For more information about
Apollo Education Group, Inc. and its subsidiaries, call (800)
990-APOL or visit the Company’s website at www.apollo.edu.
Apollo Education GroupMEDIA CONTACT:Heather McLaughlin,
714-338-6429heather.mclaughlin@apollo.eduINVESTOR RELATIONS
CONTACTS:Beth Coronelli, 312-660-2059beth.coronelli@apollo.eduErin
Kelly, 602-557-3830erin.kelly@apollo.edu
Apollo Education Group, Inc. (NASDAQ:APOL)
Historical Stock Chart
From Mar 2024 to Apr 2024
Apollo Education Group, Inc. (NASDAQ:APOL)
Historical Stock Chart
From Apr 2023 to Apr 2024