Steve Somers

Steve joined APEI in June of 2020 and is responsible for advancing APEI’s business strategy and corporate development initiatives. He has extensive transaction experience, having previously completed over 45 M&A and corporate finance transactions across the Education & Training, e-commerce and Wireless industries.

Prior to APEI, Mr. Somers spent almost 10 years in the education industry, serving most recently as VP of Corporate Development at Kaplan, Inc. for 5 years, where he executed over 15 deals as a strategic partner across Kaplan’s various business units. Previously, he was VP of Corporate Development, Investor Relations & Treasury at Rosetta Stone where he helped expand Rosetta’s language business through two acquisitions and enter the literacy business with the acquisition of Lexia Learning. Before his time in the education space, Mr. Somers led M&A and IR at two public companies - first in the wireless industry with SunCom Wireless, where he led it’s sale to T-Mobile and then at GSI Commerce in the e-commerce industry where he helped grow GSI before it’s sale to Ebay. Earlier in his career, Mr. Somers was an equity research analyst at DLJ.

Mr. Somers is a Charted Financial Analyst (CFA) and earned a B.S. in Business and Economics with a concentration in Finance from Lehigh University and an MBA from Villanova University.