Announced
Completed
Financials
Tags
Acquisition
Travel and Tourism
United States
student travel programs
educational student travel programs
Education Services
Private
Completed
Single Bidder
Natural
Private Equity
Synopsis
Eurazeo, a leading global investment company listed in Paris and Primavera, a major China-based investment firm, has acquired WorldStrides, a premier experiential education provider serving students of all ages. The partnership will accelerate WorldStrides’ global expansion and growth through program diversification and investment in sales and marketing, furthering the company’s 50+ year mission to ignite personal growth for students through educational travel and study abroad. “Our focus will remain on delivering the very best travel programs and content to students of all ages around the world. The Metalmark and Silverhawk teams have been instrumental in driving our business forward. Eurazeo and Primavera, with their resources, experience and capabilities throughout Europe and Asia, provide us with an added competitive advantage that we think will allow us to invest in our market-leading educational programs, broaden and deepen our customer base, and accelerate our growth strategy.” Jim Hall, WorldStrides President and Chief Executive Officer.
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