6th March 2020
Montagu announces that it has agreed to participate in the buyout of Galileo Global Education (“Galileo”) within a consortium of financial investors.
Galileo is a leading, international provider of higher education to over 110,000 enrolled students. Its network of 42 schools on 80 campuses offer a number of subjects including applied arts, fashion, design and digital/Internet, business and medicine. It operates in 13 countries around the world, with a particular presence in France, Italy, Germany, Cyprus and Mexico.
Galileo is proud to welcome Montagu to support us in becoming the world leader in higher education and continue our mission at the service of society: to educate and train.
Marc-François Mignot Mahon, CEO, Galileo Global Education
Founded in 2011 and headquartered in Paris, Galileo is Europe’s largest higher education group, in terms of both geographical spread and breadth of course offering. Its network includes highly respected institutions including the Paris School of Business (PSB), Cours Florent and Atelier de Sèvres in France, Instituto de Estudios Universitarios in Mexico, Macromedia University in Germany and Istituto Marangoni in Italy.
Montagu is delighted to work with Marc-François and his very capable team who are committed to making Galileo the leading global provider of higher education. Galileo’s market-leading position and its great reputation in higher education makes it an excellent fit for our investment strategy.
Marc-François Mignot Mahon, CEO of Galileo Global Education, said “Galileo is proud to welcome Montagu, which joins forces with other major institutional investors to support us in becoming the world leader in higher education and continue our mission at the service of society: to educate and train.”
This is our second transaction in the education sector in recent years. Montagu had previously invested in the University of Law – the leading provider of professional legal education and training in England and Wales – which was sold to Global University Systems in 2015.