We are glad that after 10 years of successful growth under the ownership of Invision, SEG is sold to an investor with an excellent network in Asia, the largest market for hospitality education.
In the last 10 years, Invision supported SEG in its geographical expansion in Switzerland by adding César Ritz to the school portfolio and by opening a new campus in Lucerne. New academic programs such as culinary art and hospitality and design management were introduced. The sales network was strengthened internationally by opening new offices namely in Brazil and Canada and through the acquisition of the agent network in China and Hong Kong. Furthermore, the largest recruiting fair in the industry was introduced and further established giving the SEG students the possibility to find the ideal employer after their studies. Overall, the number of yearly students increased during the last 10 years from around 2’500 students to more than 6’000 students from 111 countries.
Summer Capital is determined to actively support SEG’s strategy of being a leader in
hospitality education. In addition, SEG’s growth and value creation are to be accelerated by its extensive network in greater China and Pan Asian region, a very important market for hospitality education.
Frank Becker, Managing Partner of Invision comments: “We are proud to have played a significant role in the successful expansion of Swiss Education Group in the last 10 years and that with Summer Capital the best buyer for the future development of SEG could be found.”
Contacts
Invision AG:
+41 41 729 01 01, info(at)invision.ch
About SEG
With five schools on seven campuses throughout Switzerland, Swiss Education Group is the largest Swiss hotel education group. In total, the Group has more than 6’000 students per annum from 111 countries in its schools in both the German and French-speaking parts of Switzerland. Partnerships with the University of Derby (UK), Northwood University (USA) and Washington State University (USA) ensure the international compatibility of the titles obtained by the students. Courses are given in English and all schools offer Diploma, Bachelor and Master programs, with a variety of subjects and specializations. As a global ambassador of good hospitality practice in Switzerland, Swiss Education Group enjoys the high esteem of tourism and hospitality professionals. The SEG schools: César Ritz Colleges Switzerland; Culinary Arts Academy Switzerland; Hotel Institute Montreux; IHTTI School of Hotel Management and Swiss Hotel Management School.
For additional information please visit: www.swisseducation.com
