Universidad Europea acquired, eyes new regions
- edmontonchinesen
- 04/09/2024
- INFORMATION
A Swedish non-public fairness group has acquired the Universidad Europea, declaring it desires to assist investment decision in existing campuses and “developing other kinds in new locations”.
Universidad Europea, which operates through 12 campuses throughout the Iberian Peninsula of Spain and Portugal, at the moment includes a network of 54,000 college students and 130,000 alumni.
Referring to the Spanish and Portuguese instruction marketplaces as “tightly regulated and resilient”, the announcement famous they are expected to develop in the coming years via demographic tendencies.
Notably, learners in Latin The us are viewing Spain as an progressively desirable spot for pursuing greater instruction.
Europe has also expressed extra desire in Spain in the latest decades, with a document variety of neighbouring European countries sending students there in the 2021/22 academic yr.
Portugal also hit a document variety of intercontinental learners enrolled in the 2021/22 academic yr, with virtually 75,000.
Permira, the equity firm which has up till not too long ago had the greater part stake in the college, will retain a minority stake in the business enterprise, the assertion reported.
“With Permira as our trusted husband or wife, we have reached outstanding accomplishment about the previous 4 a long time. Jointly, we have strengthened the quality of our educational design for our students and embarked on bold expansion initiatives, such as the establishment of new campuses and infrastructures,” explained Otilia de la Fuente, CEO of UE.
“Joining forces with EQT, along with Permira, will allow us to go on our journey of innovation and advancement, furthering our mission of transforming lives via increased education and learning,” de la Fuente ongoing.
EQT stated it would draw on its “local presence and worldwide knowledge to support” UE in establishing campuses in new regions.
It will also assist UE by utilizing its digital staff to enhance the institution’s “online proposition for college students in search of obtain to hybrid and distant mastering models”, the announcement added.
“We are energized to contribute our regional understanding to assist provide a potent tutorial proposition for pupils”
“We are excited… [to contribute] our experience possessing essential infrastructure assets, our responsible possession concepts and our local information to aid deliver a sturdy academic proposition for college students trying to find access to large high-quality instruction solutions,” said EQT’s head of Spain, Asís Echániz.
Anna Sundell, who also operates as aspect of EQT’s Value-Include Infrastructure Advisory staff, explained EQT has adopted UE for a extensive time and is encouraged by the “high quality educational model”.
“We are deeply amazed by the… impressive technique and institution of new point out-of-the-art campuses in both Spain and Portugal,” Sundell mentioned.
The post Universidad Europea obtained, eyes new areas appeared very first on The PIE News.
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