Anthony J. J. Guida, Jr.

Practice Details

• Firm Information
  Position

  Partner

  Firm Name

  Duane Morris LLP
• Representative Cases & Transactions
  Cases

  Representative Matters: Represented Perdoceo Education Corporation (NASDAQ: PRDO), a for-profit post-secondary higher education provider, in its $44-45 million acquisition of the assets of Trident University International, a regionally accredited university offering online programs, from private equity firm Summit Partners.
  Education regulatory counsel for an $80 million acquisition by Chegg, Inc. (NYSE: CHGG), an education technology company, to acquire Thinkful, an online coding bootcamp.
  Represented Westcliff University in its acquisition of Western State College of Law out of federal receivership.
  Negotiated an emergency Memor
  um of Underst
  ing (MOU)
  a subsequent Operating Agreement with the U.S. Department of Education for a publicly traded higher education holding company that provided the mechanism for an orderly transition
  sale of most of the company's accredited colleges enrolling more than 70,000 students.
  Created accreditation program, manual,
  policies
  procedures for coaching certification organizations for a National Sports Governing Body appointed by the U.S. Olympic Committee (USOC).
  Served as regulatory counsel for majority investment in PreK-Higher Education holding company with transaction value of more than $110 million.
  Served as regulatory counsel for M&A transactions of PreK-12 for-profit schools involving more than 230 locations with total combined enterprise value of more than $1.3 billion.
  Successfully defended regionally accredited institution faced with probation that resulted in a less severe sanction of on notice.
  Negotiated
  closed $44 million sale of a college with annual revenues of $26 million.
  Project managed
  oversaw state licensing
  accreditation approvals for more than 20 new branch locations of accredited colleges
  universities.
  Negotiated Memor
  um of Underst
  ing (MOU) with regional accreditor that would facilitate the merger of over 15 commonly owned institutions with more than 100 locations into a single institution.
  Obtained federal, state
  accreditation approvals for move of a 19 campus graduate university from one regional accreditor to another regional accreditor
  the subsequent merger of four related institutions with nine campuses into that institution.
  Provided regulatory oversight of successful initial regional accreditation of nationally accredited college enrolling more than 12,000 students that had its prior request for initial accreditation denied.
  Successfully defended nationally accredited college in removal of institutional show cause related to student outcome issues.
  Served as regulatory counsel for successful approvals by four regional accreditors
  multiple state licensing agencies of a transaction that included sale of nine proprietary colleges
  universities with more than 35 locations.
  Negotiated
  closed ten acquisitions of accredited colleges for publicly traded higher education holding company with transaction values ranging from $2.6 million to $119 million
  totaling $216 million.