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Education Management Corporation (EDMC) is a leading private operator of post-secondary educational institutions, primarily in the United States. The company's institutions provide primarily career-focused educational programs. The company is based in Pittsburgh, Pennsylvania and employs approximately 13,000 faculty and staff and had enrollment of approximately 110,000 students as of its fall 2008 semester. EDMC was founded in 1962. On June 1, 2006, a consortium of private equity investors acquired Education Management in a transaction valued at approximately $3.4 billion. The principal investors in Education Management are Providence Equity Partners, Goldman Sachs Capital Partners and Leeds Equity Partners. The leveraged buyout of EDMC was the largest buyout in the for-profit education sector to that point.[1]
[edit] ProgramsEDMC operates post-secondary educational institutions under the following brands:
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