In another sign of private-equity investors’ interest in higher-education investing, a private-equity firm recently acquired Schiller International University, a family-owned college of about 1,200 students based in Florida, according to the Chronicle of Higher Education.
The private-equity arm of Knowledge Investment Partners, based in Cleveland, Ohio, bought the university, which has campuses in six countries. The company declined to disclose the purchase price or other details about the transaction.
Schiller’s main programs are in business, international relations and diplomacy, international hotel and tourism management, and information-technology management.
