Press Release

Trilogy Education Sells to 2U for $750 Million

June 25, 2019

New York – June 25, 2019 – Cooley advised Trilogy Education, a workforce accelerator that prepares adult learners for high-growth careers in the digital economy, on its $750 million sale to education technology company 2U. Partners Sacha Ross, Bob Sanchez and David Silverman led the Cooley team advising Trilogy Education.

The combination will expand 2U’s university portfolio from 36 to 68 partners and deepen relationships across both 2U's and Trilogy’s partners to make education more accessible for lifelong learners. Trilogy’s programs will expand 2U’s domestic footprint, bolster its presence in Mexico and Europe and establish its entry into the Australian and Canadian markets.

"Trilogy was created to help communities across the world better prepare for the changing workforce,” Trilogy founder and CEO Dan Sommer said in a news release. “Our fast growth is a testament to the winning collaborations between working professionals, universities and employers. Together with 2U, our combined reach and impact will better serve even more students in even more places throughout more of their lives. We are uniquely solving an otherwise unmet need in our global economy."

Trilogy Education partners with top universities and leading companies to provide in-person and online skills-based training programs in coding, data analytics, UX/UI and cybersecurity that bridge regional hiring gaps in more than 50 cities around the globe.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has 1,000+ lawyers across 15 offices in the United States, Asia and Europe.

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.