Acquisition of Invictus Education Group by Sommet Education
Paris (France), April 22nd, 2021,
Sommet Education, the worldwide network of first-class higher education hospitality and culinary arts schools, is acquiring a majority stake in Invictus Education Group, South African leading private education operator, alongside its historical shareholders. The signing of this transaction marks the start of a rapid expansion plan in South Africa and further African developments.
Sommet Education (Les Roches, Glion Institute of Higher Education, Ecole Ducasse) continues to consolidate its position as the leading network in hospitality education, with the acquisition of the Invictus Education Group. A new step forward for Sommet Education which is doubling its worldwide footprint bringing the number of its campuses worldwide from nine currently to seventeen and from 6,000 to 9,000 students. Sommet Education’s strategy leverages on expansion to support its growth through various types of opportunities, from acquisitions of local and regional hospitality education brands to investment in adjacent business lines or asset-light models.
Invictus Education is a leading private education network in South Africa, with four schools within the field of Hospitality Education and Training: International Hotel School, HS Gaming, Summit, SAE Institute Africa.
Financière de Courcelles team is very proud to have advised this international transaction which allows Sommet Education to consolidate its leading position in the Education Market while doubling its global footprint.
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