Tuesday, October 3, 2023
HomeEducationBuyers vie for Cambridge Schooling Group bid

Buyers vie for Cambridge Schooling Group bid

Schooling Investor reported three personal fairness companies had been vying to amass the Bridgepoint-owned CEG. Sky Information later named Oxford Worldwide Schooling Group, Bahrain-based Investcorp and American investor Vanta as the businesses looking for to takeover the corporate, based on its metropolis sources.

One banker has urged OIEG was prone to be on account of value synergies it may extract, based on the information organisation.

Schooling Investor reported in February 2022 that Bridgepoint was exploring the sale of CEG. The personal funding firm initially acquired the schooling firm in 2013 in a £185 million deal.

Former-owners, Palamon Capital, purchased CEG in 2007 and achieved an acquisition a number of of 11 instances the present 12 months buying and selling forecast (EBITDA), the PIE reported on the time.

CEG counts eight UK universities amongst its companions, along with its ONCAMPUS centres in London, Paris, Lund, Boston and Chicago offering pathways to plenty of establishments.

It additionally companions with the College of Amsterdam within the Netherlands. CEG affords healthcare-related pathway applications via its Castel Schooling model and on-line programs through CEG Digital and iheed.

OIEG presently has worldwide faculties partnership within the UK with De Montfort, Bangor, Dundee, Bradford and Greenwich, along with its programs on the OIEG London Centre. Within the US, OIEG works with San Francisco State College on pathways.

Neither OIEG nor CEG responded to requests for remark from The PIE.

Based on respective web sites, Kaplan has pathway partnerships with 16 UK universities, Research Group 15, Navitas 13, INTO eight, Kings three. A CEG takeover by OIEG would make it one of many largest pathway suppliers within the UK.

Rafael Gomes de Azevedo
Rafael Gomes de Azevedohttps://mastereview.com
He started his career as a columnist, contributing to the staff of a local blog. His articles with amusing views on everyday situations in the news soon became one of the main features of the current editions of the blog. For the divergences of thought about which direction the blog would follow. He left and founded three other great journalistic blogs, mastereview.com, thendmidia.com and Rockdepeche.com. With a certain passion for writing, holder of a versatile talent, in addition to coordinating, directing, he writes fantastic scripts quickly, he likes to say that he writes for a select group of enthusiasts in love with serious and true writing.


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