---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-179348"
form_type: "8-K"
ticker: "PRDO"
cik: "0001046568"
company_name: "PERDOCEO EDUCATION Corp"
filed_at: "2024-07-16T23:59:59+00:00"
generated_at: "2026-05-31T20:23:16.680292+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Perdoceo Education signs agreement to acquire University of St. Augustine for Health Sciences for ~$142-$144M

## Summary
- Purchase price $142M-$144M cash; expected to close December 2024 subject to regulatory and antitrust approvals.
- USAHS had ~$170M revenue and ~$35M operating income in FY2023, serving ~4,500 graduate students.
- Perdoceo reaffirms FY2024 adjusted operating income outlook of $175M-$190M.
- Transaction expected to be accretive to adjusted operating income beginning in 2025.
- Boards of both companies and USAHS stockholders unanimously approved; no financing condition.

## SEC filing metadata
- accession: 0001193125-24-179348
- form_type: 8-K
- ticker: PRDO
- cik: 0001046568
- company_name: PERDOCEO EDUCATION Corp
- filed_at: 2024-07-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046568/000119312524179348/0001193125-24-179348-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046568/000119312524179348/d865242d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-179348
- JSON: https://secwatch.observer/filing/0001193125-24-179348.json
- Plain text: https://secwatch.observer/filing/0001193125-24-179348.txt

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