About Penn Foster
Penn Foster is a company based in Scranton (United States) founded in 1890 by Thomas J Foster was acquired by Bain Capital in April 2018. It operates as a EduTech and Subscription Services. Penn Foster has completed 2 acquisitions, including Ashworth College and CareerExplorer. Penn Foster offers products and services including High School Diploma, Veterinary Technician Associate Degree, and Medical Billing and Coding Career Diploma. Penn Foster operates in a competitive market with competitors including DeVry, Lottus, Beacon Education, Woolf and Altius Education, among others.
- Headquarter Scranton, United States
- Founders Thomas J Foster
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Sectors
Education
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Email
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Phone
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Website
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Social
Locked
- Legal Name Penn Foster, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
Not available
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Investors
Macquarie Group
& 10 more
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Employee Count
Not available
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Investments & Acquisitions
Ashworth College
& 1 more
- Acquired by
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Products & Services of Penn Foster
Penn Foster offers a comprehensive portfolio of products and services, including High School Diploma, Veterinary Technician Associate Degree, and Medical Billing and Coding Career Diploma.
Accredited high school diploma is offered online.
Online vet tech training is provided accredited.
Online training for medical billing is delivered.
Funding Insights of Penn Foster
Investors in Penn Foster
Penn Foster has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Macquarie Group, Bain Capital and Princeton Review.
| Investor | Description | Founded Year | Domain | Location |
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BayPine is focused on private equity and digital transformation.
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Diversified alternative assets are managed through investment strategies.
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US private equity investments are managed by FS Investments.
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Investor details for Penn Foster
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Penn Foster
Penn Foster has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Ashworth College and CareerExplorer.
Investment portfolio details for Penn Foster
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Web-based career guidance is offered via psychometric tests for professionals.
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Locked | Locked | 2012 | Locked | |
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Online college degrees and high school diplomas are provided.
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Locked | Locked | 1987 | Locked |
Complete acquisition details for Penn Foster
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Penn Foster
Detailed financials for Penn Foster
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Penn Foster Comparisons
Peer comparison for Penn Foster
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of Penn Foster
Penn Foster operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DeVry, Lottus, Beacon Education, Woolf and Altius Education, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Undergraduate and graduate degrees are provided online by DeVry.
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Higher education programs are offered via an online portal.
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Online degree programs are provided for students via international partnerships.
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Blockchain-based university operations are managed with token custodianship for tuition.
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Associate degrees are offered online for transfer to four-year universities.
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Detailed competitors of Penn Foster
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Penn Foster
Complete news archive for Penn Foster
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- Full article archive
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- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Penn Foster
Penn Foster was founded in 1890 and raised its 1st funding round 131 years after it was founded.
Penn Foster is headquartered in Scranton, United States. It is registered at Scranton, Pennsylvania, United States.
Online education and career training are offered by Penn Foster across various sectors including healthcare, skilled trades, and veterinary services. High school diplomas, career diplomas, and associate degrees are delivered through accredited, self-paced programs. Solutions are designed to help learners achieve career goals with flexible learning options. In-demand skills are taught for industries such as IT, business, and design. Programs are accessible 247 via multiple devices to suit individual schedules.
Penn Foster's top competitors include Nexford, DeVry and Beacon Education.
Penn Foster offers High School Diploma, Veterinary Technician Associate Degree, and Medical Billing and Coding Career Diploma.
Penn Foster has made 2 acquisitions, including Ashworth College, and CareerExplorer.
Penn Foster has 11 investors. Key investors include Macquarie Group, Bain Capital, Princeton Review, PineBridge Investments, and BC Partners.