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Afya Limited Announces Closing of the Acquisition of FACULDADE ÚNICA DE CONTAGEM

1. Afya acquires 100% of Faculdade Masterclass Ltda, enhancing its educational portfolio. 2. This acquisition further solidifies Afya's position as Brazil's leading medical education provider.

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FAQ

Why Bullish?

Acquiring Faculdade Masterclass Ltda aligns with Afya's growth strategy. Previous acquisitions have led to increased market share and revenue growth.

How important is it?

The acquisition supports Afya's expansion strategy in the competitive education market, which is vital for its growth.

Why Long Term?

This acquisition will likely enhance Afya's long-term educational capacity and strengthen its market position. Historical growth from previous acquisitions supports sustained benefits over time.

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NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited (Nasdaq: AFYA; B3: A2FY34) (“Afya” or the “Company”), the leading medical education group and medical practice solutions provider in Brazil, in addition to the Press Release released by the company on December 19th, 2024, announced today the closing of its acquisition, through its wholly-owned subsidiary Afya Participações S.A., of 100% of the total share capital of Faculdade Masterclass Ltda. (“FACULDADE ÚNICA DE CONTAGEM” or “FUNIC”), located i.

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