Academic Partnerships Buying Wiley Unit for $150 Million (1)

Online education provider Academic Partnerships has agreed to acquire John Wiley & Sons Inc.’s educational-consulting arm.

Academic Partnerships will pay $150 million for Wiley University Services, according to people familiar with the matter who asked to not be identified because the terms of the deal—announced Tuesday—weren’t immediately disclosed.

The acquisition will increase Academic Partnerships’ resources to scale its university partners’ online-degree programs in areas including nursing, teaching, business, technology and public administration for public and private nonprofit universities, according to a statement. The combined company will support over 125 schools in the US and abroad.

“Bringing together AP and ...