| Type | Public |
|---|---|
| Traded as | NYSE: DV S&P 500 Component |
| Industry | Education |
| Founded | 1973 |
| Headquarters | Downers Grove, Illinois, U.S. |
| Key people | Daniel Hamburger (President and CEO) |
| Products | TBA |
| Revenue | TBA |
| Operating income | TBA |
| Net income | TBA |
| Total assets | TBA |
| Total equity | TBA |
| Employees | 14,100 |
| Website | devryinc.com |
DeVry Inc. (NYSE: DV) is a United States corporation based in Downers Grove, Illinois, that operates several for-profit higher education institutions, including Advanced Academics, Becker Professional Education, Carrington Colleges Group, Chamberlain College of Nursing, DeVry Brasil, DeVry University and Ross University Schools of Medicine and Veterinary Medicine.
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DeVry is a successor to two separate entities: DeVry Technical Institute and the Keller-Taylor Corporation. DeVry Technical Institute was acquired by the Bell & Howell company in 1966, and became part of its Education Group division. The school was renamed to DeVry Institute of Technology in 1968.[1]
The Keller-Taylor Corporation was formed in 1973 by Dennis Keller and Ronald Taylor. Keller-Taylor was the holding company of CBA Institute in Chicago, which later became Keller Graduate School of Management. In 1987 Keller-Taylor acquired the DeVry Institutes from Bell & Howell and merged with Keller Graduate School of Management. The holding company's name changed to DeVry, Inc. DeVry became the first publicly traded education provider with an initial public offering on the NASDAQ Stock Exchange in June 1991. Today, its stock is traded on the New York Stock Exchange under the symbol DV (NYSE: DV).[1]
In 1996 DeVry acquired Becker CPA Review, now Becker Professional Education. In 2002 DeVry Institute of Technology and Keller Graduate School of Management became DeVry University. The company diversified into healthcare in 2003 with the acquisition of Ross University and added Chamberlain College of Nursing (then Deaconess College of Nursing) in 2005.[1]
In 2007, DeVry expanded its reach into online education with the addition of Advanced Academics, a online secondary education that partners with schools and school districts across the United States. Carrington College and Carrington College California, formerly known as Apollo College and Western Career College, joined DeVry in 2008. In 2009, DeVry acquired a majority stake in Fanor, now known as DeVry Brasil, a provider of post-secondary education with campuses located in northeastern Brazil. In June 2009, Standard and Poor's added Devry Inc. to its index of stocks, replacing newly-bankrupt General Motors.[1]
In 2011, DeVry continued its international reach with the acquisition of ATC Internation (a subsidary of Becker Professional Education), which provides professional finance and accounting training in Central and Eastern Europe as well as Central Asia; and American University of the Caribbean, a medical school located in St. Maarten.[2]
DeVry subsidiaries include Advanced Academics, American University of the Caribbean, Becker Professional Education, ATC International, the Carrington Colleges Group, Chamberlain College of Nursing, DeVry Brasil, DeVry University and its Keller Graduate School of Management, Ross University School of Medicine and Ross University School of Veterinary Medicine.[3]