E-Capital has acquired World Education Program, positioning the organization to expand study abroad opportunities amid increasing student demand post-pandemic.
Information on the Target
World Education Program (WEP), established in 1988 and headquartered in Brussels, Belgium, has emerged as a leader in the study abroad sector. With subsidiaries in Italy, France, Spain, and Australia, WEP facilitates outbound educational experiences for students across Europe and Australia. The organization provides students with opportunities to immerse themselves in foreign languages, engage in academic pursuits, and live with host families, enabling them to appreciate the diverse traditions and customs of various cultures.
This acquisition by E-Capital marks a significant step for WEP as it seeks to expand its impact and reach within the global educational landscape, particularly as the demand for study abroad programs is poised for resurgence.
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Industry Overview in Belgium
The study abroad industry has seen considerable evolution over the past decade, particularly in Europe. With a growing emphasis on global citizenship and cultural awareness among students, e
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E-Capital
invested in
World Education Program
in 2022
in a Other Private Equity deal