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Announced

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Averna Capital and Souter Investments completed the investment in SI-UK.

Synopsis

Averna Capital, the mid-market European private equity firm, and Souter Investments, a family investment office specialising in private equity, completed the investment in SI-UK, an international student recruitment company for UK Higher Education Institutions. Financial terms were not disclosed. "We started with offices in Tokyo and Osaka followed by London shortly thereafter. Over the last 16 years, SI-UK has shown stellar growth and expanded across all corners of the world reaching 80 offices across 40 different countries, including offices, sales and marketing teams in 9 out of the top 10 student source countries. We have built long-lasting relationships with the majority of UK universities and are consistently committed to offering them the best-in-class services. We believe there is significant potential to grow further, which can be unlocked by partnering with the right institution and we are excited to continue our journey alongside Averna," Dwayne Gallagher, SI-UK Co-Founder.

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