Cambridge Education Group, a provider of foundation programmes and English language training for international students, has acquired Irish medical education pathway provider Castel Education.
Established in 2011, Castel provides healthcare education and training pathways and has established a number of strategic partnerships with government ministries, higher education institutions and professional training bodies. With an initial focus on undergraduate medicine, Castel now offers a range of pathway programmes including pharmacy, podiatric medicine, nursing, paramedics, speech and language therapy and occupational therapy at undergraduate and postgraduate levels.
Dr Joe McGarry, chief executive of Castel Education said: “The entire team at Castel are really excited about the opportunities that come with being part of a group like CEG. Along with our exceptional partner Universities in Ireland, we are 100% focused on maximising every student’s potential and we believe that tailored pathways delivered by experts is central to achieving this goal.”
David Johnston, co-chief executive of Cambridge Education Group said: “We are delighted to announce this partnership with Castel who have a significant track-record of innovative programme development and strategic partnerships with a number of leading Irish institutions. With a projected estimated global shortfall of 9.9 million doctors, nurses and healthcare workers by 2030, and some 57 developing countries facing a lack of medical professionals to meet minimum needs, the benefits of developing and delivering world-leading medical education online and on campus are compelling. Cambridge Education Group aspires to be at the forefront of global healthcare training and this latest acquisition demonstrates our commitment to providing opportunities for the next generation of medical professionals.”
Cambridge Education Group was acquired by private equity firm Bridgepoint in 2013. Operating internationally, it has a local presence in the US, Europe and China.
Advisors for Bridgepoint/CEG are Eugene F Collins (legal) and Grant Thornton (financial and tax). Advisors for Castel were Sherwin O’Riordan (legal) and EY (financial and tax).
Date published: 25 August 2021