Trilogy Education Sells to 2U for $750 Million

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.

Related Contacts
Sacha Ross Partner, New York
Robert Sanchez Partner, Washington, DC
David Silverman Partner, New York
Ariel Rom Associate, New York
Meredith Klionsky Associate, Washington, DC
Dustin McKenzie Associate, Washington, DC
Samantha Ku Associate, New York