On the Record · Covista
Covista acquisitions, on the record
The businesses Covista bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Walden e-Learning, LLC and its subsidiary Walden University, LLCWord for word“On August 12, 2021, Adtalem completed its $1.5 billion acquisition of all the issued and outstanding equity interest in Walden e-Learning, LLC, a Delaware limited liability company (“e-Learning”), and its subsidiary, Walden University, LLC, a Florida limited liability company, from Laureate Education, Inc. (“Laureate” or “Seller”).” 10-K for 2024 | acquisition | August 12, 2021 | $1.5 billion |
Walden UniversityWord for word“On August 12, 2021, Adtalem completed the acquisition of 100 % of the equity interest of Walden for $ 1,488.1 million, net of cash and restricted cash of $ 83.4 million.” 10-K for 2024 | acquisition | August 12, 2021 | — |
ACAMS, Becker, and OCLWord for word“On March 10, 2022, we completed the sale of ACAMS, Becker, and OCL and on June 17, 2022, we completed the sale of EduPristine.” 10-K for 2024 | divestiture | March 10, 2022 | — |
EduPristineWord for word“On March 10, 2022, we completed the sale of ACAMS, Becker, and OCL and on June 17, 2022, we completed the sale of EduPristine.” 10-K for 2024 | divestiture | June 17, 2022 | — |
DeVry UniversityWord for word“In addition, we continue to incur costs associated with ongoing litigation and settlements related to the DeVry University and Carrington College divestitures, which were completed during fiscal year 2019, and are classified as expense within discontinued operations.” 10-K for 2024 | divestiture | completed during fiscal year 2019 | — |
Carrington CollegeWord for word“In addition, we continue to incur costs associated with ongoing litigation and settlements related to the DeVry University and Carrington College divestitures, which were completed during fiscal year 2019, and are classified as expense within discontinued operations.” 10-K for 2024 | divestiture | completed during fiscal year 2019 | — |
Association of Certified Anti-Money Laundering Specialists (ACAMS), Becker Professional Education (Becker), and OnCourse Learning (OCL)Word for word“On March 10, 2022, Adtalem completed the sale of the Association of Certified Anti-Money Laundering Specialists (“ACAMS”), Becker Professional Education (“Becker”), and OnCourse Learning (“OCL”) to Wendel Group and Colibri Group (“Purchaser”).” 10-K for 2025 | divestiture | March 10, 2022 | — |
WaldenWord for word“On August 12, 2021, in connection with the Walden acquisition, Adtalem entered into its new credit agreement (the “Credit Agreement”) that provides for (1) a $ 850.0 million senior secured term loan (“Term Loan B”) with a maturity date of August 12, 2028 and (2) a $ 400.0 million senior secured revolving loan facility (“Revolver”) with a maturity date of August 12, 2026 .” 10-K for 2025 | acquisition | August 12, 2021 | — |
AUCWord for word“AUC, founded in 1978 and acquired by Adtalem in 2011, provides medical education and confers the Doctor of Medicine degree.” 10-K for 2025 | acquisition | 2011 | — |
RUSMWord for word“RUSM, founded in 1978 and acquired by Adtalem in 2003, provides medical education and confers the Doctor of Medicine degree.” 10-K for 2025 | acquisition | 2003 | — |
RUSVMWord for word“RUSVM, founded in 1982 and acquired by Adtalem in 2003, provides veterinary education and confers the Doctor of Veterinary Medicine, as well as Masters of Science and Ph.D. degrees.” 10-K for 2025 | acquisition | 2003 | — |
ChamberlainWord for word“Chamberlain was founded in 1889 as Deaconess College of Nursing and acquired by Adtalem in 2005.” 10-K for 2025 | acquisition | 2005 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-06-30 | $173.9 million | $116 million |
| 2017-06-30 | $330.6 million | $274.7 million |
| 2018-06-30 | $3.1 million | $17.2 million |
| 2019-06-30 | $118.4 million | $59.5 million |
| 2020-06-30 | $0 | — |
| 2021-06-30 | $0 | — |
| 2022-06-30 | $1.49 billion | $651.1 million |
| 2023-06-30 | $0 | — |
| 2024-06-30 | $0 | — |
Deal filings since 2016
- 2026-09-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-03-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-08-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-03-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-03-10 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2022-01-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-10-22 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-08-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-08-12 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-07-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-12-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-09-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-27 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-10-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-12-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-12-12 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-12-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-08-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-04-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-10-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-10-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-10-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-06-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-06-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Covista’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-08-06. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.