- ABOUT -
WorldStrides is a premier experiential education provider serving students of all ages. Headquartered in Charlottesville, Virginia (U.S.A.), the company has had a strong presence in the United States since its founding in 1967. Today, WorldStrides provides experiential education to more than 400,000 students annually from more than 7,000 schools and universities, travelling to over 100 countries around the world. Its full offering of programs caters to students at all stages from elementary through post-graduate levels, and feature specializations such as performing arts, sports and study abroad.
- INVESTMENT CASE -
What is the objective?
Eurazeo acquired WorldStrides in partnership with Primavera Capital Group, a major China-based investment firm. This partnership will help accelerate WorldStrides’ expansion into international markets, particularly Europe and Asia, while enriching the educational proposition offered to students. Eurazeo will also enable the company to accelerate its growth through program diversification and investment in marketing, furthering the company’s 50+ year mission to ignite personal growth for students through educational travel and study abroad.
How will Eurazeo support WorldStrides?
Eurazeo has significant expertise in the education sector where it has been active for several years, notably through investments in the Sommet Education group, a network of hospitality schools and Les Petits Chaperons Rouges, a pioneer in employer-sponsored pre-school care.
As a new shareholder, Eurazeo fully supports WorldStrides’ goals and vision. By providing access to its international business network, corporate capabilities, HR and digital expertise, Eurazeo will contribute to the company’s success.