Laureate Education closes sale of Glion Institute of Higher Education and Les Roches International School of Hotel Management to Eurazeo
On 14 June 2016, Laureate Education, Inc., the largest global network of degree-granting higher education institutions, and Eurazeo, a leading European investment company, successfully completed the sale and purchase of Glion Institute of Higher Education and Les Roches International School of Hotel Management, including their affiliated campuses in London, Marbella, Shanghai, Amman and Chicago, after having obtained approval from the New England Association for Schools and Colleges (NEASC).
Lenz & Staehelin advised Laureate Education, Inc. in this transaction. The team was led by partner Andreas Rötheli (Corporate and M&A) and included associates Ralph Kaufmann, Mona Stephenson and Roman Graf (all Corporate and M&A).