Galileo to acquire Regent’s University London
Galileo Global Education has announced that it will be acquiring Regent’s University London, ‘subject to completion of regulatory approvals and property matters’.
The announcement noted that British private university Regent’s University London is set to join one of Europe’s biggest higher education networks, Galileo Global Education, an education group headquartered in Paris, France.
The acquisition plans were made public earlier this month, which will see Regent’s University joining Galileo’s network of 80 campuses and 42 institutions across 13 countries in the world.
Galileo’s network includes the Paris School of Business in France, Instituto de Estudios Universitario in Mexico, Macromedia University in Germany, and Istituto Marangoni in both Italy and the United Kingdom.
Regent’s University sees ‘enormous opportunities’ in Galileo partnership
Commenting on the acquisition, Marc-Francois Mignot Mahon, Chief Executive Officer of Galileo, said: “Galileo Global Education has demonstrated time and again its ability to develop and strengthen high-quality higher education brands whilst maintaining the very qualities and characteristics that made them special in the first place.
“Following detailed work with the Regent’s management team, we are convinced that we can support them to accelerate the development of Regent’s whilst respecting its heritage and DNA.”
Reflecting on the development, Professor GeoffSmith, Vice-Chancellor and CEO of Regent’s University London, said: “Becoming part of the Galileo network will provide Regent’s and its students with enormous opportunities to tap into a vibrant, global educational network.
“We will also become a destination campus for students across the network that wish to base part of their educational experience in central London. Joining the Galileo network will provide investment and support to accelerate the development of our portfolio (both on-campus and online) and raise our profile on the world stage.”
Creation of ‘new curricula’ across business, creativity, and technology key to the expansion
With this expansion of the Galileo Global Education network, Bruno Mourgue d’Algue, CEO of Northern Europe & Group Development at Galileo, noted: “Galileo is delighted to be committing the necessary financial resources, expertise and knowhow to assist Regent’s management team in shaping the future of the University.
“We look forward to establishing student and faculty exchanges with the University and developing new curricula together across business, creativity, and technology”.