Legacy Education Expands Footprint with Contra Costa Medical Career College Acquisition

Legacy Education Expands Footprint with Acquisition of CCMCC

Legacy Education Inc. has announced a significant milestone in its growth strategy by successfully acquiring Contra Costa Medical Career College (CCMCC), a well-regarded institution located in Antioch, California. This acquisition, finalized on December 18, 2024, comes with a purchase price of $8 million and is set to strengthen Legacy Education’s position in the healthcare education sector.

The company, listed on NYSE American under the ticker LGCY, paid $6,133,079.84 upfront at closing, complemented by a promissory note of $400,000 and the issuance of 118,906 shares of common stock worth $1 million. With this acquisition now complete, Legacy Education’s operational reach expands to six campuses across California, enhancing its ability to offer high-quality allied health education in the region.

CCMCC has long been recognized for its dedication to providing exceptional healthcare training, offering a variety of programs including Surgical Technology, Vocational Nursing, and Sonography. This aligns perfectly with Legacy Education’s commitment to meeting the growing demand for skilled healthcare professionals and making education more accessible to students who aspire to enter this crucial industry.

According to LeeAnn Rohmann, CEO of Legacy Education,