CVC Capital Partners has acquired full ownership of Multiversity, which owns Italian online universities Università Telematica Pegaso and Mercatoum University, Sole 24 Ore has reported.

Combined the two universities teach 40,000 undergraduates and 40,000 postgraduates.

CVC Capital Parteners acquired 50% of Multiversity in August 2019 and has now purchased the remaining 50% from the company’s founder Danilo Iervolino.

Date published: 16 September 2021

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