BPP Education Group’s growth plan has been backed by the private equity firm TDR Capital, with a view to expand geographically into various sites around the world.
The group, which provides education and training in various fields of work like Law and Finance, hopes to increase the variety of ITS portfolio of courses through the acquisition of dynamic education businesses like Sprott Shaw College.
Sprott Shaw College (SSC), founded in 1903, is one of the largest regulated career colleges IN Canada and offers students connections with real-word opportunities to ready them for work in positions such as nursing and business.
Prior to the deal, it was a subsidiary of Global Education Communities Corporation (GECC), which is one of the largest education and student housing investment companies in Canada.
The college also places a large focus on cultural awareness and inclusivity – and its courses are designed with these in mind.
According to Graham Gaddes, CEO of BPP, the acquisition marks an “important milestone into BPP’s internationalisation”.
“The acquisition will support SSC’s plans to continue to be agile in meeting the needs of the domestic and international community, with programmes developed with cultural awareness and inclusivity in mind,” he added. “We admire what Sprott Shaw College has achieved to date and look forward to welcoming the team to the BPP Education Group.”
The college has grown substantially in size with integrity and has gained respect from the global education communityToby Chu, GECC
This purchase opens doorways for BPP to offer a vast range of professional education programs due to an alignment with other institutions in its portfolio, such as Ascenda School of Management and Arbutus College.
The programs would range from certificates to degree levels, which would aid both domestic and international students.
Toby Chu, president and CEO of GECC, said that he is “confident that Sprott Shaw College will continue to flourish under BPP’s ownership”.
The college had weathered many difficulties in recent years, he said, including the Covid-19 pandemic and more recent study permit caps in 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,” he said.
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