---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-132227"
form_type: "8-K"
ticker: "PRDO"
cik: "0001046568"
company_name: "PERDOCEO EDUCATION Corp"
filed_at: "2024-12-02T23:59:59+00:00"
generated_at: "2026-05-29T10:52:44.179042+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Perdoceo completes $138M acquisition of University of St. Augustine for Health Sciences

## Summary
- Paid ~$138M net cash for USAHS, a graduate health sciences university with campuses in CA, FL, TX.
- USAHS had unaudited revenue of ~$114M and operating income of $10.5M for nine months ended Sep 30, 2024.
- USAHS adjusted operating income was ~$25M for the same period; Perdoceo expects accretion in 2025.
- Perdoceo reaffirms FY2024 adjusted operating income outlook of $188M to $191M.

## SEC filing metadata
- accession: 0000950170-24-132227
- form_type: 8-K
- ticker: PRDO
- cik: 0001046568
- company_name: PERDOCEO EDUCATION Corp
- filed_at: 2024-12-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046568/000095017024132227/0000950170-24-132227-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046568/000095017024132227/prdo-20241202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-132227
- JSON: https://secwatch.observer/filing/0000950170-24-132227.json
- Plain text: https://secwatch.observer/filing/0000950170-24-132227.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.