Origin Merchant Partners (“Origin”) announces that it acted as Financial Advisor to Beal University Canada on its pending acquisition by Yorkville University subject to applicable regulatory approvals, conditional designation requirements, and other closing conditions. This transition in institutional ownership is designed to ensure the long-term sustainability and growth of nursing education in the province at a time of increasing demand for healthcare professionals.
The Government of New Brunswick has granted Yorkville University a conditional designation under the Degree Granting Act, and the College of Nurses of New Brunswick (CNNB) is actively engaged in reviewing the program’s transition. Following the closing of the transaction in September 2026, the Bachelor of Science in Nursing (BScN) program will continue to be delivered with no changes to curriculum, clinical hours, or academic standards. All students will continue their studies without interruption and will graduate with a recognized degree that meets all College of Nurses of New Brunswick (CNNB) licensure requirements. Faculty and staff are expected to be retained as part of the transition, ensuring continuity in instruction and student support.
Founded in 2004, Yorkville University is a proudly Canadian institution offering one of the most flexible learning ecosystems in the country. Its breadth of programs spans across business, creative arts, design, mental health and education, providing Canadians with professional growth opportunities that lead to meaningful contributions in communities across Canada. Adding a thriving BScN program to this powerful roster is a natural fit, aligned with Yorkville University’s commitment to empowering learners to help meet Canada’s evolving economic and societal needs. Yorkville University – which has existing campuses in New Brunswick, Ontario, and British Columbia – is thrilled to further support New Brunswick’s healthcare workforce needs by training the next generation of nursing professionals.
This mandate represents an additional education sector transaction, cementing Origin as a leading financial advisor in the education industry.
About Beal University Canada:
Beal University Canada (BUC), located in Sackville and Miramichi, New Brunswick, is a premier private institution dedicated to addressing regional healthcare shortages through accelerated, high-fidelity nursing education. Established in 2023, BUC offers an innovative, 30-month hybrid Bachelor of Science in Nursing (BScN) program that combines flexible online learning with advanced on-campus simulation labs and clinical placements. Through its year-round modular schedule, with six intakes per year, BUC eliminates traditional academic waitlists, providing a fast-track pathway for students to challenge the NCLEX-RN exam and enter the workforce as licensed Registered Nurses. With locations in Sackville and Miramichi, BUC is committed to developing the next generation of highly skilled nursing leaders across Atlantic Canada.
About Yorkville University:
Yorkville University began with a bold vision: to offer flexible, rigorous, and career-focused programs that transform lives. Since 2004, Yorkville University has expanded to campuses across Canada, offering both online and on-campus learning modalities. Our graduates have advanced their careers through programs in the behavioural sciences, social sciences, business, education, design and the creative arts. Yorkville University’s student-centred, practitioner-oriented approach equips graduates with skills that employers value, making us one of Canada’s largest private universities. Learn more at https://www.yorkvilleu.ca/
Press Release: Yorkville University to Acquire Beal University Canada, Strengthening the Future of Nursing Education in New Brunswick
Deal Team: Jim Osler, Katie Balson
