Anhanguera Educacional
Anhanguera Educacional (Portuguese pronunciation: [aɲɐ̃ˈɡwɛɾa] or [aɲɐ̃ˈɡwɛɾa edukasjoˈnaw]) is the second-largest private for-profit professional educational company in Brazil by market value and by number of students, with more than 400,000 students in its education network. The company is the second-largest higher education company in the world by number of students, behind only the American company Apollo Group.
Type | Sociedade Anônima |
---|---|
Industry | Higher education |
Founded | 1994 |
Headquarters | Valinhos, Brazil |
Key people | Alexandre Teixeira de Assumpção Saigh (Chairman) Ricardo Leonel Scavazza (CEO) |
Revenue | US$ 766.8 million (2013) [1] |
US$ 53.0 million (2013) [1] | |
Number of employees | 21,000 |
Website | www.anhanguera.com |
Footnotes / references 400.000 students |
The company operates three types of education—67 campuses, more than 450 poles and over 650 vocational education centers, spread across all states and the Federal District—aimed at adults of middle- and low-income working during the day and study at night, a segment not fully served by institutions of higher education in Brazil. To this end, the company offers a wide range of courses including: vocational, undergraduate, postgraduate, and continuing education.
The company is the largest of six educational companies listed on BM&F Bovespa, along with its competitors Estácio, Anima Educação, Abril Educação and Ser Educacional. In 2014 the company underwent a corporate merger with Kroton Educacional. The resulting company became the 17th-largest at the Bovespa Index, with a market value of R$ 24.5 billion and nearly 1 million students.[2]
References
- Financial Statements For Anhanguera Educacional Parti (ANGAF)
- Globo Economia: Fusão da Anhanguera e Kroton cria a 17ª maior empresa da Bovespa (in Portuguese)