Headquartered in Minneapolis, Minnesota, Capella Education Company is the holding company for Capella University, an accredited and exclusively online academic institution. Capella University caters to the needs of working adult students. Capella University offers 19 undergraduate and graduate degree programs with 104 specializations and more than 870 courses. Graduate degree programs are offered in business, information technology, education, human services, public health, public safety, and psychology. Bachelor's degree programs are offered in business, information technology, and public safety. More than 20,200 students are currently enrolled, representing all 50 states and 56 countries. Capella University is accredited by The Higher Learning Commission and is a member of the North Central Association of Colleges and Schools (NCA).

In November 2006, Capella Education Company completed an initial public offering of 4,000,000 shares at $20.00 per share. Credit Suisse, Banc of America Securities, Piper Jaffray, and Stifel Nicolaus were the lead underwriters of the offering. In May 2007, Capella Education Company completed a secondary offering of 3,485,000 shares at $36.00 per share. Capella Education Company offered 299,201 shares of common stock and selling shareholders offered the remaining 3,185,799 shares. The offering was made through an underwriting syndicate led by Credit Suisse and co-managed by Piper Jaffray, Robert W. Baird, Stifel Nicolaus, and Signal Hill Capital.

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