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Home Newsbeat

Buyers vie for Cambridge Training Group bid

Sabari by Sabari
January 29, 2023
in Newsbeat
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Buyers vie for Cambridge Training Group bid
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Training Investor reported three personal fairness companies had 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, based on its metropolis sources.

One banker has prompt OIEG was more likely to be better off on account of price synergies it might extract, based on 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 occasions 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 numerous establishments.

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

OIEG presently has worldwide schools 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.



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