Essential reading for education companies worldwide
 
 
Remember me:
Skip Navigation LinksEI article
US: Weiming to buy Connecticut university campus for $12.6m

One of the largest Chinese private schools groups, Weiming Education, is to buy a campus from the University of Connecticut for $12.6 million (£8.7 million) and turn it into an international school. 

The West Hartford Campus is one of the five regional campuses of the university.

Weiming has more than 40,000 students across 42 schools in China.  Founded in 1999, it first branched out into the US in 2012 by partnering with universities to improve the academic and language skills of Chinese students.

Tim Discipio, chief executive of Weiming, said: “The outstanding academic reputation of both West Hartford and the State of Connecticut is what has led to Weiming's interest in possibly locating at the University of Connecticut property.

"Connecticut leads the nation in academic excellence, the state high schools rank #1 in the combined Northeast and New England region, and the significant talent pool of teachers and administrators with advanced degrees is an important factor.”


Posted on: 27/04/2016




Latest news

12/12/2019
US-based coding franchise Code Ninjas has appointed Grant Smith as its first vice-president of education.
12/12/2019
China Online Education Group has announced a third-quarter 2019 loss of ¥5.3 million (£575,000), compared to a third-quarter loss of ¥90.4 million in 2018.
12/12/2019
Ambow Education Holding today reported a third-quarter 2019 net loss of ¥72.8 million (£7.9 million).
12/12/2019
Unacademy is in discussions to raise $100 million in Series E funding at a valuation of $400 million.
12/12/2019
Science Interactive Group has acquired Sheridan, Colorado-based eScience Labs, which offers distance learning science lab kits and curriculum used worldwide.
12/12/2019
Operam Education Group has acquired Key Stage Teacher Supply, a Blackburn-based education recruitment agency.
11/12/2019
College admissions testing company ACT has appointed Jonell Sanchez as president of learning.
11/12/2019
Seattle-based Bamboo Learning has raised $1.4 million of seed financing to expand voice applications and content for education and entertainment.
11/12/2019
Riipen, a Vancouver-based start-up which connects college students with employers who can offer course credits for useful projects completed has raised $3.75 million.
11/12/2019
US-based children’s coding centre operator Code Ninjas has opened a UK head office in Leamington Spa, Warwickshire.



Europe | UK M&A

Several sizeable private equity-backed UK training providers are set to hit the market in the coming months. Josh O'Neill considers the driving forces behind consolidation in this sector, and why these businesses are likely to fall back into the hands of buyout funds
Read more...


my images


Europe | Movers & Shakers

Jamie Beaton, the 24-year-old co-founder and chief executive of Crimson Education, gives Simone Rensch a look inside the $245 million business he built while simultaneously getting degrees from Harvard, Stanford and Oxford
Read more...