Laureate Education

Laureate Education, Inc. ( NASDAQ: LAUR ) is an association founded as Sylvan Learning Systems, Inc. in 1998, private education group based in Baltimore / Maryland, USA. In 2004 the name was changed to Laureate Education took place.

History

The holding company operates 75 private universities and colleges in 30 countries (as of 1/2014 ). Laureate Education is also active in the field of tele-education and acquired in 2001 41% at the Open University Walden University.

The listed companies until 2007 Laureate was acquired by a consortium of investment companies ( including value around 700 million dollars in debt. 3.8 billion U.S. dollars). The investor group was led by the company's CEO, Douglas Becker. The consortium included Kohlberg Kravis Roberts; Citigroup Private Equity; S.a.c. Capital Management, SPG Partners; BREGAL Investments; Caisse de dépôt et placement du Québec; Sterling Capital; Makena Capital; Torreal, and Southern Cross Capital.tons at a seedy

Also, the hedge fund Soros Fund Management LLC acquired shares in the company.

In 2008 the company entered the German market by acquiring 76 % of the private college Business and Information Technology School Iserlohn.

Self-presentation

" ( Laureate Education ) operates a network of 27 high schools and two remote presence universities worldwide. In Europe, higher education providers including France, Spain and Switzerland, as well. Currently, 405,000 students are enrolled, employed about 23,000 people. The with equity of $ 1.1 billion equipped company has increased its sales continuously, and most recently to the equivalent of about 190 million euros. "