Wendel to buy anti-money laundering company ACAMS for $500 mln

French investment company Wendel has agreed to buy ACAMS, a company which provides training and certifications for anti-money laundering and financial crime prevention, for around $500 million, the companies said on Monday.

Wendel struck the acquisition of ACAMS as part of a deal alongside Colibri Group, a Gridiron Capital company, to buy the financial services segment of Adtalem Global Education, whereby Wendel will acquire ACAMS, and Colibri will separately acquire Becker Professional Education and OnCourse Learning.

via Reuters