Divestiture • Education

Sommet Education Acquires Glion Institute of Higher Education

On March 15, 2016, Sommet Education acquired education company Glion Institute of Higher Education from Laureate

Acquisition Context
  • This is Sommet Education’s 2nd transaction in the Education sector.
  • This is Sommet Education’s 2nd transaction in Switzerland.

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M&A Deal Summary

Date March 15, 2016
Target Glion Institute of Higher Education
Sector Education
Buyer(s) Sommet Education
Sellers(s) Laureate
Deal Type Divestiture

Target Company

Glion Institute of Higher Education

Montreux, Switzerland
Glion Institute of Higher Education is a private institute that offers undergraduate, graduate and post-graduate programs in the fields of hospitality, tourism, and events, sports and entertainment management. Glion has the unique advantage of offering its international student body a multicultural educational environment. Glion Institute of Higher Education was founded in 1962 and is based in Montreux, Switzerland.
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Buyer Overview 1

Buyer

Sommet Education

Clarens, Switzerland

Category Company
Sector Education
DESCRIPTION

Sommet Education is an education group specializing in hospitality management, committed to offering an exceptional student experience and to developing the leaders of tomorrow. Its institutions, Glion and Les Roches, welcome students from over 100 countries for both Bachelors and Masters programs, offering an educational approach based on academic discipline and hands-on learning within a multicultural environment. Sommet Education is based in Clarens, Switzerland.


Deal Context for Buyer #
Overall 2 of 5
Sector: Education 2 of 5
Type: Divestiture 2 of 2
Country: Switzerland 2 of 2
Year: 2016 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-15 Les Roches

Bluche, Switzerland

Les Roches is a private institution based on the Swiss model of education. Les Roches offers undergraduate, graduate and post graduate programs in the fields of hospitality, tourism, event and entertainment management. Les Roches offers students the opportunity to transfer between its locations to gain an international educational experience. Les Roches was founded in 1954 and is based in Bluche, Switzerland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-06 Ducasse Education

Argenteuil, France

DUCASSE Education has been transferring a high level of expertise in culinary and pastry arts through its network of schools in France and abroad. Academic offers include Bachelor programs, courses for career changers, continuous professional training, as well as private courses for food enthusiasts, delivered across three schools in France and two campuses abroad (in the Philippines and soon in the United Arab Emirates), as well as through partnerships with overseas universities.

Buy -

Seller Profile 1

SELLER

Laureate

Miami, Florida, United States

Category Company
Founded 1989
Sector Education
Employees31,800
Revenue 1.6B USD (2024)
DESCRIPTION

Laureate is a provider of higher education. The company’s network of 60 accredited campus-based and online universities offers undergraduate and graduate degree programs to more than 740,000 students across 29 countries. Laureate offers more than 130 career-focused, undergraduate, master’s, and doctoral degree programs in fields including architecture, art, business, culinary arts, design, education, engineering, health sciences, hospitality, information technology, law, and medicine. Laureate was founded in 1989 and is based in Miami, Florida.


Deal Context for Seller #
Overall 4 of 11
Sector: Education 4 of 10
Type: Divestiture 4 of 10
Country: Switzerland 2 of 2
Year: 2016 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-15 Les Roches

Bluche, Switzerland

Les Roches is a private institution based on the Swiss model of education. Les Roches offers undergraduate, graduate and post graduate programs in the fields of hospitality, tourism, event and entertainment management. Les Roches offers students the opportunity to transfer between its locations to gain an international educational experience. Les Roches was founded in 1954 and is based in Bluche, Switzerland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-19 Laureate International Universities France

Paris, France

Laureate International Universities France is a provider of education services. Laureate International Universities France is based in Paris, France.

Sell -

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