Announced
Synopsis
Advantage Partners have acquired Abitus and Tokyo Central Japanese Language School. Financial terms were not disclosed. Abitus operates schools offering qualifications in various overseas certifications, including US Certified Public Accountant and Certified Internal Auditor certifications as well as an MBA program accredited by the University of Massachusetts. TCJ was founded in 1988 and operates Japanese language schools for foreigners and training for Japanese language teachers. AP Funds were attracted to the companies due to their diverse portfolio of education services focused on specific niche sectors with high barriers to entry and ample prospects for future growth.
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