May 25 2016
Becker Professional Education, a subsidiary of DeVry Education Group, announced it has entered into an agreement to acquire the Association of Certified Anti-Money Laundering Specialists for $330 million.
ACAMS is the largest international membership organization dedicated to enhancing the knowledge and skills of anti-money laundering and financial crime prevention professionals. The transaction is expected to close in July 2016, subject to antitrust approval and other customary closing conditions. ACAMS is currently owned by Warburg Pincus, a global private equity firm focused on growth investing.
ACAMS is a member-driven organization of financial crimes prevention professionals that provides online and in-person training, credentialing through its CAMS certification, conferences, and risk assessment tools. ACAMS also provides financial crime news and information through its moneylaundering.com website. CAMS certification holders are passionate, mission driven individuals who view their work as supporting greater global security goals.