Deal Announcement

DCS Advisory acts as exclusive financial advisor to Ashworth College on its acquisition by Penn Foster

25 Feb 2019

DCS Advisory, a leading investment banking firm, acted as exclusive financial advisor to Ashworth College, an accredited online institution offering degree, certificate and diploma programs in fast-growing fields, on its acquisition by Penn Foster, a talent development platform backed by Bain Capital Double Impact.

Ashworth College, which was backed by Sterling Partners, enrolls learners through its high school, career, and degree programs with a focus on high growth middle-skilled career fields.

Penn Foster partners with leading employers to attract, develop, and retain talent for middle-skill jobs. Bain Capital Double Impact is the impact investing strategy of Bain Capital.

*DCS Advisory is a legacy firm of DC Advisory US. Find out more >

Deal Team