Meritas (education)

Meritas is a family of for-profit college-preparatory schools that provides personalized education to more than 11,000 students across the globe. Meritas schools have more than 300 years of collective and proven experience and have educated more than 50,000 students. The ten schools within the Meritas family span three continents, and each has its own unique character while remaining rooted in the organization’s shared goals and opportunities. It is owned by Sterling Capital Partners, a private equity company.

Meritas Family of Schools
TypePrivate
IndustryEducation
Founded2005
HeadquartersNorthbrook, Illinois, U.S.
OwnerSterling Capital Partners
Websitewww.meritas.net

History

Founded in 2005 by Philip E. Morgaman, who served as Chairman and Chief Executive until 2008 and remained Chairman until 2009 when he sold his interest in the company. He was succeeded as CEO by Jonathan (Mac) Gamse and later as Chairman by Christopher Hoehn-Saric. At the time of this transition, Meritas had grown from a concept to 19 campuses with approximately 14,000 students. [1] Meritas has purchased multiple schools worldwide. Its first acquisition, in 2005, was North Broward Preparatory School, in Coconut Creek, Florida.[2] Collège du Léman, located in Geneva, Switzerland was the next school to join the Meritas family in 2006.[3]

As of April 27th, 2015, Meritas has sold several of their acquired schools to Nord Anglia Education (NAE) including, North Broward Prep, Collège du Léman, Léman International, The Village School, Windermere Prep, Instituto San Roberto. It is unclear whether the remaining Meritas schools will be acquired by NAE. [4]

Schools and Locations

References
  1. https://www.bloomberg.com/profiles/people/17692261-jonathan-mccoy-gamse
  2. "Archived copy". Archived from the original on 2014-11-03. Retrieved 2014-11-03.CS1 maint: archived copy as title (link)
  3. http://www.bizjournals.com/southflorida/stories/2006/01/30/story5.html?page=all
  4. http://www.streetinsider.com/Corporate+News/Nord+Anglia+Education+(NORD)+to+Acquire+Six+Schools+from+Meritas+in+$575M+Deal/10490067.html
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