HIG Europe has invested in St Gilgen International School, a boarding school based near Salzburg, Austria.
The
deal will see St Gilgen founder Alexander Serda, an Austrian architect
and entrepreneur, retain a stake. It is the first institution in HIG's
newly established Academos Group, which intends to create a global group
of premium international schools.
St Gilgen has a
student to teacher ratio of 4:1, and offers courses taught in English,
with components in German, Spanish and other languages.
The
firm announced the launch of HIG WhiteHorse, a dedicated credit arm
with funds in excess of €1bn providing debt to mid-market firms, last
September.
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