OREANDA-NEWS. July 04, 2016. Becker Professional Education, a global leader in professional education and a subsidiary of DeVry Education Group, today announced that the previously disclosed acquisition of the Association of Certified Anti-Money Laundering Specialists (ACAMS) for \\$330 million has closed. The acquisition was financed through a combination of cash and debt.

ACAMS is the largest international membership organization dedicated to enhancing the knowledge and skills of anti-money laundering (AML) and financial crime prevention professionals. The acquisition furthers Becker’s global growth strategy into professional education and enhances Becker’s position as a leading provider of lifelong learning for professionals. With a potential total addressable market of more than \\$2 billion, ACAMS is expected to generate fiscal 2017 revenue in the low \\$40 million range.

“ACAMS is a terrific organization that we are proud to welcome to the Becker family,” said John Roselli, president of Becker Professional Education. “ACAMS has an exceptional leadership team, membership base, and educational platform, with substantial growth opportunities that we plan to accelerate through the integration with our professional education network. This was a strategic transaction that allows us to leverage our key competencies at Becker and we look forward to ACAMS’ contributions to our future.”

ACAMS financial results will be reported within Becker Professional Education as part of DeVry Group’s International and Professional Education segment.

About Becker Professional Education

Becker Professional Education, a part of DeVry Education Group (NYSE: DV), is a global leader in professional education serving the accounting, project management and healthcare professions. Nearly half a million professionals have prepared to advance their careers through its CPA Exam Review, ACCA® Courses, CMA Exam Review, PMP® Exam Review, USMLE® Review and Continuing Professional Education courses. Throughout its more than 50-year history, Becker has earned a strong track record of student success through world-class teaching, curriculum and learning tools that enable its students to develop the knowledge and performance skills necessary to stay ahead in an ever-changing business world. For more information about Becker Professional Education, visit www.becker.com or call 1-877-CPA-EXAM.

Certain statements contained in this release concerning DeVry Group's future performance, including those statements concerning DeVry Group's expectations or plans, may constitute forward-looking statements subject to the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as DeVry Group or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Actual results may differ materially from those projected or implied by these forward-looking statements. Potential risks, uncertainties and other factors that could cause results to differ are described more fully in Item 1A, "Risk Factors," in DeVry Group's most recent Annual Report on Form 10-K for the year ending June 30, 2015 and filed with the Securities and Exchange Commission (SEC) on August 27, 2015 and its most recent Form 10-Q for the quarter ending March 31, 2016 and filed with the SEC on May 5, 2016.