Training Investor reported three personal fairness companies have been vying to accumulate the Bridgepoint-owned CEG. Sky Information later named Oxford Worldwide Training Group, Bahrain-based Investcorp and American investor Vanta as the businesses in search of to takeover the corporate, in accordance with its metropolis sources.
One banker has prompt OIEG was prone to be resulting from price synergies it may extract, in accordance with the information organisation.
Training Investor reported in February 2022 that Bridgepoint was exploring the sale of CEG. The personal funding firm initially acquired the training 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 yr 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 quite a lot of establishments.
It additionally companions with the College of Amsterdam within the Netherlands. CEG provides healthcare-related pathway applications by way of its Castel Training model and on-line programs by way of 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.
In response to respective web sites, Kaplan has pathway partnerships with 16 UK universities, Examine 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.
