Advised on Sale of CompanyEducation & Training
Acquired 100% of Business Operations
Advised Oxbridge Academic Resources on its sale to WorldStrides, a portfolio company of The Carlyle Group. Oxbridge joins WorldStrides’ impressive lineup of educational student travel programs. WorldStrides, which is the nation’s largest and one of the most respected accredited travel organizations, specializing in providing exceptional educational experiences. Oxbridge conducts premier study abroad programs for middle and high school students at Oxford, Cambridge, Columbia and other notable educational centers in Europe and the United States. The Company prides itself on the number of Rhodes, Fulbright, Marshall and Gates scholars on its summer teaching staff and the wide range of major and minor courses offered at each of its summer programs.
WorldStrides is the largest student educational travel organization in the United States. More than 5,000 elementary, middle and high schools and more than 250 universities choose WorldStrides to manage their educational travel programs. Headquartered in Charlottesville, Virginia, WorldStrides has offices in 21 locations around the world including Australia, China, the United Kingdom, Chile and Canada.
Mark Surowiak, Capstone Director added, “M&A activity in the education space is being fueled by growth and favorable industry dynamics and private-sector companies stand to benefit. Demand for supplemental education programs is benefitting from several interesting trends including the increasingly competitive landscape in the college admission process, growing affluence in emerging markets, and increasing willingness among parents to invest in supplemental educational programs for their children.”