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INTERNATIONAL MEDICAL SCHOOLS HAVE A BAD REPUTATION. THAT NEEDS TO CHANGE, FOR THE GOOD OF U.S. PATIENTS.

Altas Partners, a pioneer of long-life private equity investing, agreed to buy the largest educator of physical-therapy professionals in the United States. The Toronto investor on Wednesday announced it will pay US$400 million to acquire the University of St. Augustine for Health Sciences, an academic institution that provides graduate health-science degree programs, primarily in the field of physical and occupational therapy.

Altas Partners has acquired a significant convertible preferred equity interest in PADI (Professional Association of Diving Instructors), the largest scuba diving membership and diving certification organization in the world. Founded in 1966, PADI is an iconic brand that has set the industry standard for scuba instructor training.

Altas Partners is delighted to welcome David Lawee to the firm’s Advisory Board. David has a deep appreciation for how technologies can enable businesses, and transform industries, stemming from his experience as both an investor and a leader over many years at Google and CapitalG.

Altas Partners is delighted to welcome Joe Natale to the firm’s Advisory Board. Joe brings tremendous executive, leadership and broad-based technology experience to the Advisory Board.

WARREN BUFFETT’S Berkshire Hathaway is celebrated for identifying undervalued companies, buying them, holding on to them for years and reaping handsome rewards for its shareholders. Private-equity firms, by contrast, habitually deal in shorter timespans.