"David Jones, Kaplan's CEO, stated, 'The time really felt right to find a new owner for Kaplan Languages-an owner that might give it the attention that it deserves going forward.' He expressed optimism about Inspirit's plans for investment and growth, hoping for a bright future for the staff."
"Paul Youens, investment director for Inspirit Capital, emphasized that the firm is 'focused on giving the business the support and independence it needs to build on [KLG's strong] foundation.' He assured that 'students, families and agents can expect continuity and consistency-the same high-quality schools, experienced teams and support.'"
Inspirit Capital has successfully acquired Kaplan Languages Group, with the sale set to finalize on May 1. Kaplan Inc., founded in 1938, offers various educational services, including language training. Kaplan Languages Group operates over 20 language schools in eight countries and partners with more than 100 universities in the U.S. and Canada. CEO David Jones stated the decision to sell was difficult but necessary for focusing on higher education. Inspirit Capital aims to support KLG's growth while maintaining quality and consistency for students and partners.
Read at Inside Higher Ed | Higher Education News, Events and Jobs
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