{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-139032","form_type":"8-K","ticker":"UTI","cik":"0001261654","company_name":"UNIVERSAL TECHNICAL INSTITUTE INC","filed_at":"2022-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:04:00.009586+00:00","generated_at":"2026-06-26T00:27:22.070543+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"UTI to acquire Concorde Career Colleges for $50M cash, expanding into healthcare education","bullets":["Acquisition price $50M cash; Concorde 2021 revenue ~$180M, adjusted EBITDA $13M.","Concorde serves ~7,400 students across 17 campuses in 8 states; programs in nursing, dental, allied health.","UTI expects close in first half of fiscal 2023; subject to regulatory approvals including Dept of Education review.","Revised fiscal 2025 target: revenue >$700M, adjusted EBITDA margin ~20%.","UTI to fund with cash on hand; boards of both companies unanimously approved."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-139032","json":"https://secwatch.observer/filing/0001193125-22-139032.json","markdown":"https://secwatch.observer/filing/0001193125-22-139032.md","text":"https://secwatch.observer/filing/0001193125-22-139032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1261654/000119312522139032/0001193125-22-139032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1261654/000119312522139032/d230789d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T00:27:22.070543+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}