Kendall College Acquired by National Louis University

The Chicago Tribune reported on January 18, 2018 "Kendall College sells programs and name to National Louis University for $1."  Kendall has been operating since 2005 as a for-profit institution and was owned by Laureate Education, Inc.

National Louis University posted a statement on its website, "National Louis University announcesagreement with Kendall College and Laureate Education, Inc. to transferKendall's current programs to NLU, contingent on regulatory approvals."

Kendall College was founded in 1934 when a Swedish seminary and a Danish-Norwegian seminary located in downtown Evanston, IL agreed to merge their assets and form the Evanston Collegiate Institute.  The name changed to Kendall College in 1950.  Kendall initially offered two year degrees and baccalaureate programs were added after 1977.  It was known for its School of Culinary Arts which was started in 1985.  Kendall moved to downtown Chicago in 2005 from Evanston and also became part of Laureate International Universities.

Ashley A. Smith of Inside Higher Ed covered the sale of Kendall and other recent changes by Laureate in "Laureate Shifts Focus" that was published on January 31, 2018.

If you are interested in recent trends for closures, mergers,and acquisitions access College Closures since 2009 in the index at the right of any College History Garden page.  There are separate tabs for non-profit closures, for-profit closures, and one for mergers and acquisitions.  Each tab includes basic information for the institutions, i.e., Carnegie Classification, sector, accrediting agency, and the IPEDS unitid.