WORLDSTRIDES COMPLETES THE ACQUISITION OF TRAVELOPIA'S NORTH AMERICAN
EXPERIENCE EDUCATION BRANDS
Paris, November 6, 2019 - Eurazeo Capital is pleased to announce its investment
company, WorldStrides, the leading provider of educational travel and
experiential learning programs, has completed its acquisition of the North
American Experience Education Brands (NAEE) from Travelopia, the world's
largest collection of specialist travel brands.
NAEE includes World Class Vacations and Brightspark US, serving the US
educational market, and Brightspark Canada, Jumpstreet and Educatours in
Canada. Collectively, the brands deliver a full spectrum of out-of-classroom,
developmental, educational travel experiences to students across the United
States and Canada. The acquisition enables WorldStrides to expand its broad
travel program offerings for music, theater and dance groups, and further
enhances its teacher- led, curriculum-based tour offerings globally.
"We believe in the power of experiential learning across geographies, age
groups, and interests," said WorldStrides CEO Bob Gogel. "With this
acquisition, we are in a position to support curious minds along a lifetime
learning journey. We are excited to welcome NAEE to the WorldStrides family."
Marc Frappier, Managing Partner of Eurazeo Capital, stated, "The addition of
the NAEE brands to WorldStrides' portfolio represents the company's third
add-on investment in the United States, alongside last year's investments in
Envision and TEAN. Leveraging Eurazeo Capital's expertise in the education
sector and our global network, we are proud to support WorldStrides'
accelerated growth and its mission to enrich students' experience around the
The transaction was completed on November 4, 2019 and the terms were not
Eurazeo is a leading global investment company, with a diversified portfolio of
EUR17.7 billion in assets under management, including nearly EUR12 billion from
third parties, invested in nearly 400 companies. With its considerable private
equity, real estate, private debt and fund of funds expertise, Eurazeo
accompanies companies of all sizes, supporting their development through the
commitment of its 235 professionals and by offering deep sector expertise, a
gateway to global markets, and a responsible and stable foothold for
transformational growth. Its solid institutional and family shareholder base,
robust financial structure free of structural debt, and flexible investment
horizon enable Eurazeo to support its companies over the long term.
* Eurazeo has offices in Paris, New York, Sao Paulo, Shanghai, Seoul, London,
Luxembourg, Frankfurt and Madrid.
* Eurazeo is listed on Euronext Paris.
* ISIN: FR0000121121 - Bloomberg: RF FP - Reuters: EURA.PA
WorldStrides provides educational travel and experiences to more than 400,000
students a year. Founded in 1967, the company has since grown to become a
leader in experiential learning for students of all ages throughout their
lifetime learning journey. In addition to domestic and international travel and
study abroad programs, WorldStrides offerings include performing arts, sports,
career exploration, language immersion, and service-learning. Each of these
experiences helps students to see beyond the classroom and to see the world -
and themselves - in new ways.
For more information on WorldStrides, visit www.worldstrides.com.
Travelopia is one of the world's leading specialist travel groups, an exciting
collection of brands which provide our customers with unique experiences.
Travelopia has a large, international customer base and serves destinations in
all seven continents. We pride ourselves on offering a seamless and specialised
customer journey, from the exceptional service and in-depth knowledge of our
sales teams, to our best-in-class tour guides and concierges around the globe.
For more information about Travelopia, visit www.travelopia.com.
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