With this transaction, Beachbody will be poised to scale its growing platform of over 2.6 million paid digital subscribers into the connected fitness space while also accelerating international expansion, enhanced innovation, and opportunistic M&A.

Cogswell Education, LLC, a subsidiary owned by Palm Ventures, assumed full ownership of DVU on Dec. 11, 2018. This transition enables DVU to further pursue its growth strategy while maintaining focus on successful student outcomes and students’ ability to achieve their career goals.

Ascentis Corporation, a market-leading provider of cloud-based SaaS human capital management (HCM) solutions and integrated payroll services, today announced a majority recapitalization by global growth equity investor Summit Partners.

LFM Capital, a private equity firm focused on growth oriented, lower middle market manufacturing and industrial services businesses, announced today that it has acquired Heartland Steel Products Group.

NRS, part of Accuity, today announced that it has acquired FIRE Solutions, a leading provider of compliance and education products and services to the broker-dealer community and an industry leader in securities exam preparation. Palm Ventures, LLC is the lead investor in FIRE Solutions along with The Palmer Group.

Netsmart, the leading provider of clinical solutions for health and human services organizations nationwide, today announced that it has acquired Sequest Technologies, Inc., based in Lisle, Illinois.

Guggenheim Partners, LLC and Security Benefit Corporation (Security Benefit) today announced the closing of the acquisition of Security Benefit by a Guggenheim Partners-led group of investors, after receiving the required regulatory, policyholder and shareholder approvals.

Corinthian Colleges, Inc. (Nasdaq: COCO) has signed a definitive agreement to acquire Heald Capital LLC, the parent company of Heald College. Heald is a regionally accredited institution that has been delivering quality career-focused academic programs since 1863 and has created a strong brand in its markets.

Education Management Corporation (Nasdaq: EDMC) today announced that it has signed an agreement to purchase American Education Centers and its affiliated schools (AEC) (www.aec-education.com) for $112.5 million in cash and assumption of $3.5 million of debt.