ABS Scores 17x Return on American Public Education

ABS Capital, has exited its remaining holdings in American Public Education, a West Virginia-based online learning provider, through a public offering. ABS has earned a total of $307.1 million on its $18.0 million investment in the company, representing a return multiple of 17.1x.
Press release:

American Public Education, Inc. (NASDAQ:APEI) – parent company of online learning provider American Public University System, which operates through American Military University and American Public University – announced today the pricing of its public offering of shares of its common stock at $37.50

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