Announced
Completed
Synopsis
BPP Education Group, a global education business, completed the acquisition of Sprott Shaw College, a private career college, from Global Education Communities, an education and student housing investment company. “We are very pleased to report the closing of this transaction following intensive efforts over the past six months. We are very proud of the success and growth Sprott Shaw College has achieved since we took ownership in 2007. For the past 18 years, GECC and SSCC have navigated major events including the 2008 global economic crisis, the pandemic beginning in 2020, ensuing years of inflation and high interest rates, and government-imposed reductions in the number of international students allowed to enter Canada. Despite these challenges, the college has grown substantially in size with integrity and has gained respect from the global education community. I am confident that Sprott Shaw College will continue to flourish under BPP’s ownership. GECC’s management team is immensely grateful to SSCC’s entire team of teachers, staff, and management for their tireless work, unwavering dedication, and loyalty. It has been an honour and a privilege to have served with all the staff of SSCC.” Toby Chu, Chairman, Global Education Communities President and CEO.
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