The Apollo Group is a prominent education company that operates several higher education institutions, including the well-known University of Phoenix. Founded in 1973, it focuses on providing accessible education to adult learners and working professionals through online and on-campus programs. In 2017, the Apollo Group was acquired by Apollo Global Management, a private equity firm. This acquisition aimed to enhance the company's growth and improve its educational offerings. The group continues to play a significant role in the landscape of higher education, adapting to the needs of students in a rapidly changing world.