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LCI Education Acquires CSLI
Halladay Education Group is pleased to announce the successful acquisition of Canadian as a Second Language Institute (CSLI) by LCI Education. HEG was retained by CSLI's ownership to provide transaction advisory services for the the sale of their school from start-to-finish. Halladay Education Group (HEG) acted as the M&A advisor for the school’s ownership. HEG is a leading M&A advisory firm specializing exclusively with advising school owners with the sale of private schools in North America, and is pleased to announce the successful closing of one of its advisory engagements with the owners the school.
Established in 1992, CSLI is a Languages Canada accredited provider offering top-quality English language education in a world-class location in the trendy Yaletown district of Vancouver. Devoted to helping students improve their confidence in speaking, while improving their language and communication skills, CSLI is one of Vancouver's only BBB's A+ accredited language schools. CSLI is also a Designated Learning Institute by Immigration Canada and meets provincial Education Quality Assurance (EQA) and is accredited by BC's Private Career Training Institutions Agency (PCTIA).
LCI Education is a network of post-secondary campuses around the world. LCI Education traces its origins back to LaSalle College in Montreal, which was founded in 1959. Present on five continents, the LCI Education network consists of 22 post-secondary campuses in 12 countries, and 1,500 employees offering instruction to over 10,000 students each year.
"Through this new partnership, international students will have the opportunity, if desired or required, to complete a pathway program necessary to the success of their studies at LaSalle College Vancouver. Located just a few steps from our new campus in Yaletown, this language institute will certainly facilitate the integration of our international students, from their arrival to their graduation" said Diego Do Livramento, Director, LaSalle College Vancouver.
"Our operations at LaSalle College Vancouver are increasingly growing, especially since the inauguration of the new Yaletown campus in 2014. For several months, we were actively looking for a partner to welcome our international students, representing nearly 25% of our student population, and CSLI, by its tradition of excellence and reputation in Vancouver, was an ideal partner" added Claude Marchand, President and CEO of the LCI Education network.
"We couldn't have found a better fit for CSLI. Like CSLI, the LCI Education network is a proudly Canadian organization where their career college offer is a perfect platform for our international students. We are very proud of what we have created over the last 24 years and are confident CSLI will flourish under this new direction"stated Lawrence and Lori-Ann Keenan, Founders of CSLI.
To find out more about buying, selling, or merging K-12 private schools, post-secondary institutions, colleges, language schools, or other educational businesses, or find out more about what your school is worth in today's market, please contact HEG to find out more about our services. You can set this up by sending us a confidential email or calling directly at our toll free number at +1.800.687.1492.