Please click more information to read about cookies and to view the cookies we use. They will also be opportunities to continue the work to create synergies in the management and running of all the brands within CATS Colleges and allow greater focus on the continued improvement of excellent student outcomes and business growth. Phone: +86-757-6683-2507
To block cookies please do this within your browser settings. Required fields are marked *. Bright Scholar Education acquires CATS Colleges on 2019-07-09 for $186867686 THis acquistion will also set the stage for accelerating the expansion of our overseas school portfolio, distinguishing us as a global premium education service provider. In acquiring the CATS business, Bright Scholar is aiming to accelerate growth in a range of strong international markets, including China. Website by Isle. ", "We wish Bright Scholar and our CATS Colleges colleagus continued success. James Murray
Speaking about the acquisition, CEO of CEG Michael Ioakimides said the business wished Bright Scholar and CATS Colleges continued success. Advisers involved in this transaction included: For Bridgepoint / CEG: Travers (legal),Moelis & Company (M&A), Baird (M&A), PwC (Financial and Tax), L.E.K. CATS Colleges will continue to be run by David Newton and his management team. Registered in England 06020370, Registered office:
Phone: +44 (0) 207 593 4000
Bridgepoint acquired CEG in 2013. +44 1223 346180. More information |
“At ONCAMPUS, we want to continue the recent trend of outstanding organic growth. How can virtual classrooms help institutions evolve and adapt to new challenges? Cambridge Education Group and its private equity owner, Bridgepoint, have announced the sale of the CATS Colleges division to Bright Scholar, the largest operator of international and bilingual schools in China. Your email address will not be published. At present, Bright Scholar has 80 schools and 19 Elan schools in 10 provinces of China, including 7 international schools, 15 bilingual schools and 58 “The addition of the CATS international network of schools will help Bright Scholar share best practices and innovations to raise the standards of teaching and improve the learning experience of our students,” he said. We share the same beliefs in combinging traditional values and forward-thinking ideas to help Bright Scholar share best practices and innovations to raise the standards of teaching and improve the learning experience of our students. Email: matthew.moth@madano.com or michael.evans@madano.com, Bridgepoint
Executive vice-chairman of Bright Scholar Jerry He said the acquisition of CATS will expand Bright Scholar’s significant presence outside of China as the business continues to build a global network of premium schools. Study travel sector moves past pitfalls of partnership, Int’l students encouraged by vaccine hopes, Students positive about MBA study experience. In Digital, the platform of 1,000 students will be used to launch further programmes and sign new partners. CEG continues to enjoy the backing of Bridgepoint.". Founded in 1952, CATS has grown into one of the most innovative and successful independent education providers in the United Kingdom and the United States. The sale of CATS Colleges is scheduled to complete by the end of July. All rights reserved. Matthew Moth / Michael Evans
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Bridgepoint acquired CEG in 2013, and the sale of CATS Colleges is scheduled to complete by the end of July. Please turn on JavaScript for the best possible experience. The transaction is said to have totalled £150 million. Firefox |
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“Our focus will now be on the future development prospects and accelerated growth of…our university pathways business ONCAMPUS, and our digital business,” Ioakimides said. © 2020 Cambridge Education Group Limited. It has a diverse mix of students across 80 nationalities. Most browsers allow you to block cookies within their settings and we have provided links to the most commonly used browsers. https://thepienews.com/news/bright-scholar-acquires-cats-colleges Over the five years of Bridgepoint ownership, these brands have performed well and delivered strong financial results, while also building a track record of outstanding academic results. CATS Colleges is an international school network focussed primarily on international students with a globally integrated platform of campuses in the UK, North America and China. UK commits funding to domestic Erasmus+ alternative, Canada "considering" letting int'l students return in September, Indian students stopped from boarding flights to Canada, Canada's international students "left out" of support package, Australia to consider July entry for international students, Canada backtracks on travel ban exemption for international students, Two-year work rights for international students in UK reinstated for 2020/21, Visa application issues could stop students reaching universities, Canada makes major concession on entry for international students, Canada: some int'l students eligible for support, China: students frustrated by lack of support, Deputy Vice-Chancellor (Strategic Engagement). It comprises six campuses in Cambridge, London, Canterbury, Shanghai and Boston, plus an arts school in Cambridge, as well as 10 interntaional languages schools. Bright Scholar is a logical owner of CATS Colleges as they look to increase their global footprint." On July 9, 2019, Bright Scholar Education Holdings Ltd. acquired education company CATS Colleges Holdings Ltd. from Cambridge Education Group Ltd. for 150M GBP Acquisition Highlights. Mr. Jerry He, Executive Vice Chairman of Bright Scholar comments: "The acquistion of CATS expands Bright Scholar's significant presence outside of China as we continue to build a global network of premium scholls. Chirs Bell, partners at Bridgepoint, added: "CATS Colleges was formed to bring together the worldwide expertise of CATS, Cambridge School of Visual & Performing Arts (CSVPA) and Stafford House International brands within one operating division. He added that acquisition will set the stage for accelerating the expansion of Bright Scholar’s overseas school portfolio, distinguishing the operator as a global premium education service provider. (Commercial), For Bright Scholar: White & Case (Legal), Deloitte (Financial and Tax), For media enquires:
Cambridge Education Group
of Chinese education sector. CATS Colleges will continue to be run by David Newton and his management team. This is Bright Scholar Education Holdings’ 3rd transaction in the Education sector. Your email address will not be published. Email: james.murray@bridgepoint.eu, Bright Scholar
Email: media@brightscholar.com, Cambridge Education Group Limited,
This website and services embedded within it use cookies to offer you the best user and functional experience and to provide us with performance statistics. In digital, the platform of 1,000 students will be used to launch further programs and sign new partners.”. CATS Colleges will continue to be run by David Newton and his management team. IE. Bright Scholar is a logical owner of CATS Colleges as they look to increase their global footprint.". At ONCAMPUS, we want to cotinue the recent trend of outstanding organic growth. Chrome |
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They will build on the work they have already been doing to create an operating model for the long-term growth of this focussed colleges business. In acquiring CATS Colleges, Bright Scholar will accelerate the growth of all three of these established operating brands in a range of stong international markets, including China. Block cookies. 51-53 Hills Road
Phone: +44 (0) 207 034 3555
“The acquisition will set the stage for accelerating the expansion of Bright Scholar’s overseas school portfolio”. The sale of CATS Colleges is scheduled to complete by the end of July. CATS is an international school network with a globally integrated platform of campuses in the UK, North America and China. Our focus will now be on the future develpment prospects and accelerated growth of the businesses both CEG and Bridgepoint retain after this disposal: our university pathways business (ONCAMPUS) and our Digital business which delivers online and blended university programmes." United Kingdom
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