CEG sells CATS Colleges for £150m
CEG and its private equity owner, Bridgepoint, have announced the sale of the CATS Colleges division to K-12 operator Bright Scholar in a transaction totalling £150 million.
News and business analysis for Professionals in International Education
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EC sells HE division to Study Group
English language provider EC has sold its higher education arm to Study Group for an undisclosed sum, in a move which will allow EC to focus on its full immersion English language provision.
Full Circle buys Our World English Schools
Hong Kong-based Full Circle Education Group has acquired summer course provider Our World English Schools, marking the group’s third acquisition in the UK in three years.
Embrace acquires system provider Infospeed
Embrace Software, a Montreal based company focused on the acquisition and operation of niche software, has acquired Infospeed, a provider of enterprise software solutions for the language school industry.
Open University & FutureLearn take £50m investment from SEEK
Online learning platform FutureLearn has announced an investment of £50m (or $65m) from SEEK, a global group of “employment, education and volunteer businesses”. SEEK Group will become a joint-owner of FutureLearn, with a 50% stake.
OIEG acquires Oxford Int’l College in UK
Oxford International Education Group has acquired UK independent sixth-form college Oxford International College for an undisclosed sum. OIC joins d’Overbroeck’s and Oxford Sixth Form College to become the third college owned by OIEG in Oxford.
Housing provider Oxfordcaps expands to India
Singapore-based accommodation provider Oxfordcaps has raised $8.1m in Series A funding with an aim of improving student living experiences in 10 Indian cities.
MyStay Int’l partners with AmeriStudent
AmeriStudent has invested an undisclosed amount in MyStay International to create the world’s largest consortium of homestay providers.
Navitas board agrees to BGH takeover
Navitas’ board has recommended shareholders vote in favour of a $2.1bn takeover from BGH Consortium.
Yalea-Linguland deal collapse reveals agency’s debts
Swiss education agency Yalea has ceased operations, leaving debts to language school partners unpaid according to multiple industry sources, with German agency Linguland which it acquired less than five months ago continuing to operate independently.
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