CVC Capital-backed Multiversity to acquire Università Telematica San Raffaele Roma for €177m.

CVC Capital-backed Multiversity, an e-learning and digital education group, agreed to acquire Università Telematica San Raffaele Roma, a private online university, for €177m. "Through this transaction, Multiversity further consolidates and enhances its undisputed leadership in the world of digital universities and education technology in Europe. The breadth and quality of academic offering, scientific research and technological innovation are at the heart of our positioning, at the full service of our students and alongside institutions, to achieve the most challenging goals in terms of growth of our country's human capital. Multiversity today can count on a top management team of international standing, investment capacity, and a continuous drive towards innovation and research,” Fabio Vaccarono, Multiversity CEO.