Phoenix Education Enters Into Definitive Agreement To Acquire Fuel50

Phoenix Education Partners, Inc. (NYSE: PXED) has entered into a definitive agreement to acquire Fuel50, Inc., an AI-powered workforce transformation platform. The acquisition aims to enhance Fuel50's capabilities and expand its reach with enterprise employers, focusing on AI-powered workforce intelligence and talent mobility. Following the transaction, which is expected to close within 30 days, Fuel50 will operate under its own brand and be led by Co-founder Jo Mills as CEO. Macquarie Capital acted as the exclusive financial advisor for Fuel50 in this transaction.