M&A Deal Summary

ILSC Acquires Berlitz

On February 16, 2022, ILSC acquired education company Berlitz from Benesse Holdings

Acquisition Highlights
  • This is ILSC’s 1st transaction in the Education sector.
  • This is ILSC’s 1st transaction in the United States.
  • This is ILSC’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2022-02-16
Target Berlitz
Sector Education
Buyer(s) ILSC
Sellers(s) Benesse Holdings
Deal Type Merger

Target

Berlitz

Princeton, New Jersey, United States
Berlitz office in Sao Paulo, Brazil.
Berlitz office in Sao Paulo, Brazil.
Berlitz is a provider of language training and cross-cultural services. Berlitz offers a comprehensive portfolio of training which includes communications skills development, global leadership training and customized dynamic solutions for cultural competency, available via multiple delivery platforms. Berlitz was formed in 1878 and is based in Princeton, New Jersey.

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Buyer(S) 1

Buyer

ILSC

Vancouver, British Columbia, Canada

Category Company
Founded 1991
Sector Education
DESCRIPTION

ILSC is a provider of location-based English Language Training (ELT) for international students looking to learn English for use in professional and academic settings. Through the Company’s language schools, colleges, teacher training, corporate training and continuing education divisions, it offers internationally relevant language and career skills training and certification programs to over 12,000 students annually. ILSC offers courses and programs in 8 cities across the United States, Canada, Australia, and India. ILSC was established in 1991 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector: Education M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1

Seller(S) 1

SELLER

Benesse Holdings

Okayama, Japan

Category Company
Founded 1955
Sector Education
Employees16,515
Revenue 431.9B JPY (2022)
DESCRIPTION

Benesse Holdings is a provider of education services for all ages and is a household brand within the domestic education sector. Benesse Holdings was founded in 1955 and is based in Okayama, Japan.


DEAL STATS #
Overall 1 of 1
Sector: Education M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-06-01 Berlitz

Princeton, New Jersey, United States

Berlitz is a provider of language training and cross-cultural services. Berlitz offers a comprehensive portfolio of training which includes communications skills development, global leadership training and customized dynamic solutions for cultural competency, available via multiple delivery platforms. Berlitz was formed in 1878 and is based in Princeton, New Jersey.

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