---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-315383"
form_type: "8-K"
ticker: "UTI"
cik: "0001261654"
company_name: "UNIVERSAL TECHNICAL INSTITUTE INC"
filed_at: "2021-11-01T23:59:59+00:00"
generated_at: "2026-06-28T15:38:05.781635+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# UTI completes $26M cash acquisition of MIAT College of Technology

## Summary
- Acquisition adds campuses in Texas and Michigan; MIAT offers programs in aviation, wind, robotics, and welding.
- MIAT reported ~$29M revenue and ~$3.9M adjusted EBITDA for the 12 months ended Sept. 30, 2021.
- MIAT had over 1,200 active students as of Sept. 30, 2021; UTI now serves over 14,000 students across 14 campuses.
- UTI expects double-digit annual revenue growth and margin expansion from this acquisition and organic growth.
- Purchase price of $26M paid with cash on hand; Barrington Research acted as financial adviser.

## SEC filing metadata
- accession: 0001193125-21-315383
- form_type: 8-K
- ticker: UTI
- cik: 0001261654
- company_name: UNIVERSAL TECHNICAL INSTITUTE INC
- filed_at: 2021-11-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1261654/000119312521315383/0001193125-21-315383-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1261654/000119312521315383/d247188d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-315383
- JSON: https://secwatch.observer/filing/0001193125-21-315383.json
- Plain text: https://secwatch.observer/filing/0001193125-21-315383.txt

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