New Acquisition by Universal Technical Institute Extends Reach to Healthcare

0

Universal Technical Institute is expanding its career education offerings, recently announcing that it has entered into an agreement with Concorde Career Colleges to extend UTI’s career-focused education brand to health care certificate-granting programs , credentials and degrees.

Concorde Career Colleges is a leading provider of healthcare education programs focused on preparing the next generation of healthcare workers for the growing workforce. The company currently serves 7,400 students in 8 states.

“The acquisition of Concorde Career Colleges will be an important next step in our previously announced growth and diversification strategy,” said Jerome Grant, CEO of Universal Technical Institute. “We take the responsibility of becoming one of this country’s leading workforce solutions providers seriously, and entering the healthcare space allows us to help even more students and support employers as they seek to solve some of their toughest workforce challenges. Concorde’s programs, geographic footprint, strong leadership team, exemplary faculty and staff, student diversity, close industry alignment, and strong alumni network make this acquisition an excellent choice. .

The expansion comes as the healthcare sector expects to see 2.6 million additional jobs due to workforce attrition and an aging population. Concorde’s degree and diploma offerings currently include nursing, dental hygiene, and other direct patient care areas such as physical therapy assistant and respiratory therapy.

This expansion into the healthcare sector is a significant expansion of Universal Technical Institute’s growth and diversification plan. UTI, Inc.’s family of brands currently includes skilled trades programs such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute, NASCAR Technical Institute and MIAT College of Technology.

“The Universal Technical Institute brands enjoy an excellent reputation with employers and students in the transportation and skilled trades. Concorde Career Colleges has a strong reputation in health care education, making it an excellent combination to fill the nation’s skills gap,” said Concorde CEO Jami Frazier. “I look forward to the opportunity to join this organization and become one of the nation’s leading education providers.”

The addition of Concorde Career Colleges will bring the total number of students served by the company to approximately 20,000 in 14 states and 31 different locations. Schools to acquire from Concorde are accredited by either the Accrediting Commission for Vocational Schools and Colleges (ACCSC) or the Council on Occupational Education (COE).

Share.

Comments are closed.