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New Deal


Announced

Completed

ILAC Education Group completed the acquisition of Tamwood.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

education

Education Services

English language training

Acquisition

Completed

Friendly

Single Bidder

college

Domestic

Private

Majority

Synopsis

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ILAC Education Group, a company that offers Language training, University Pathways, Higher Education offering Vocational and Public Private Partnerships programs and Language Testing Centre, completed the acquisition of Tamwood, a privately owned and operated company that runs a number of carefully designed and managed English language schools across Canada, junior centres in Canada and the USA, and Work & Study programs under the Go International Work & Travel Providers umbrella. Financial terms were not disclosed. “The partnership brings together two of the best brands in our industry, giving our students and agents more quality choices than ever before. We will continue to build upon the strong Tamwood brand as we look for opportunities to accelerate growth utilizing our combined sales, marketing and operational resources,” John DeFranco, ILAC CEO.

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