Oxford: PE-backed education group acquires college

James Cowper Kreston has announced the successful acquisition of Oxford International College by Oxford International Education Group (OIEG), the private education provider backed by Bowmark Capital. The corporate finance team provided transaction support services to OIEG as part of this transaction.

Oxford International Education Group has an extensive portfolio of schools with an international range. The addition of Oxford International College, the third Oxford College now owned by the group gives both parents and students more options to suit their specific educational needs, whether based domestically or overseas.

The corporate finance team at James Cowper Kreston provided transaction support services to OIEG to assist the financing and acquisition decision. The team worked closely with OIEG and Bowmark Capital throughout the transaction process.

Brad McAvoy, corporate finance director at James Cowper Kreston, said: “This is the first time we have worked with OIEG and Bowmark Capital and we were pleased to be involved in their growth strategy. Our work provided insight to OIEG as to how Oxford International College would function financially alongside the existing OIEG colleges. We are thrilled the acquisition was a success and hope to work with OIEG again in the future.”