World Education Program Acquired by E-Capital
Founded in 1988 and headquartered in Brussels, Belgium with subsidiaries in Italy, France, Spain and Australia, World Education Program (WEP) is a leader in the study abroad industry, providing outbound experiences for students all over Europe and Australia. Through WEP, students have the chance to immerse themselves in foreign languages, engage in academic studies, and live with host families, thereby experiencing firsthand the rich traditions and customs of different countries.
Navagant is pleased to announce the sale of World Education Program to E-Capital, a private equity firm based in Brussels, Belgium.
Jacob Voorhees, Managing Director, Navagant
“We would like to congratulate the WEP team on admirable performance during the pandemic and managing a company adeptly during a very challenging time. This is a watershed deal in the industry with an abundance of upside as student travel resumes in 2022 and beyond. WEP’s expansive offerings to students all around the world alongside E-Capital’s 20 years of experience investing in growth companies will allow life changing experiences like study abroad to reach students everywhere.”
Benefits & Long-Term Value Creation
WEP serves students that are looking to explore the world and experience other cultures as part of their development. As the world becomes more interconnected, study abroad is an industry that will allow students to experience this interconnectivity from a younger age, helping shape them to be more culturally aware adults. WEP’s combination with E-Capital will increase the overall amount of students who have access to see the world and travel in a unique manner, resulting in more culturally aware students that can make positive impacts.
E-Capital is an independent private equity firm based in Brussels, Belgium. They invest in various industries and have a focus on supporting growth of small and medium sized companies. E-Capital aims to support ambitious managers and shareholders in realizing a growth project for the company.
About Navagant
Navagant LLC is a middle-market investment bank focused exclusively on the Education & Training industry. We serve entrepreneurs, family businesses, large corporations, and financial sponsors seeking to optimize their transaction outcomes. Our sell-side advisory services include mergers and acquisitions, majority and minority recapitalizations, management buyouts, and corporate carve-outs. With a conscious-capital mission and a team of experienced professionals, Navagant delivers tailored solutions to help organizations unlock value and achieve life-changing outcomes. For more information, please visit http://www.navagant.com.
