LARGO, Florida--(BUSINESS WIRE)--Knowledge Investment Partners Inc., an investment manager specializing in the education sector, is pleased to announce it has acquired Schiller International University which includes the American College of Switzerland and London City College. Founded in 1964, Schiller International University (SIU) is an independent American university with campuses in the United States, UK, France, Germany, Spain and Switzerland.
SIU’s primary academic programs include business, international relations and diplomacy, international hotel and tourism management, and management of information technology. Given its accreditation status, eligible SIU degree-seeking students can seek financial aid under Title IV of the United States Higher Education Act. The language of instruction at Schiller is English. The school’s alumni network includes 20,000 individuals from 100 countries.
"We are very excited about the opportunities that this key acquisition presents for Knowledge Investment Partners. The acquisition of Schiller International University gives us entry into an attractive and growing sector of international higher education market," said Robert Daugherty, Knowledge Investment Partners Inc. founder and managing partner. "We expect that Schiller will become our flagship investment in higher education joining our expanding fleet of education investments that now total seven companies."
“The Leibrecht family is pleased to have Knowledge Investment Partners take on the leadership of the university and we are confident that they will carry on our father’s mission,” commented Harold Leibrecht, one of the four sons of Schiller’s founder, Dr. Walter Leibrecht.
Barrington Research acted as the exclusive financial advisor to Schiller International University in the transaction. For more information about Schiller International University visit http://www.Schiller.edu. For more information about Knowledge Investment Partners visit http://www.kiplp.com. For more information about Barrington Research visit http://www.brai.com.
Established in 2002, Knowledge Investment Partners LLC (KIP) is the leading manager of alternative investments in the global education sector. KIP manages capital on behalf of institutional investors and high net worth individuals. Through its private equity investments and two hedge funds, KIP has built its reputation on a distinctive approach that combines financial and operating skills, as well as a best-in-class team from the education and investment arenas.