mobile-nav icon

Industry insights, commentary and overviews
of the key industry issues

  • Pulse

  • Eurazeo portfolio firm Worldstrides acquires Travelopia subsidiary

  • News

     

    Eurazeo portfolio firm Worldstrides acquires Travelopia subsidiary

  • Worldstrides, the educational travel business backed by private-equity backed firm Eurazeo, has acquired Travelopia’s North American education division.

     

    North American Education Experience (NAEE) provides educational travel experiences to students in the US and Canada. Its brands include World Class Vacations and Brightspark US, which serve the US educational market, and Brightspark Canada, Jumpstreet and Educatours in Canada.

     

    WorldStrides was founded in 1967 and provides educational travel and experiences to more than 400,000 students a year.

     

    Bob Gogel, CEO of Worldstrides, said: “We believe in the power of experiential learning across geographies, age groups, and interests. With this acquisition, we are in a position to support curious minds along a lifetime learning journey.”

     

    Marc Frappier, Managing Partner of Eurazeo Capital, added: “Leveraging Eurazeo Capital’s expertise in the education sector and our global network, we are proud to support WorldStrides’ accelerated growth and its mission to enrich students’ experience around the world.”

     

    The acquisition of the NAEE brands to WorldStrides’ portfolio represents the company’s third add-on investment in the US alongside last year’s investments in Envision and TEAN.

     

  • 08/11/2019

  • Author :