Private equity firm Argos Soditic has completed the management buyout of Swiss education business ASC International House.
As well as providing language training to the general public and to many of the region’s leading companies and organisations, ASC provides private school education in English.
The company owns the British School of Geneva, which includes Geneva Primary School, Geneva Secondary School and the A-Level College, and also runs a bilingual programme with Institution Jeanne d’Arc in France.
The company currently employs 200 people, including 164 teachers.
Argos Soditic’s investment plan is to grow the education business in Swiss Romande by offering private education to the local community where demand for private education, particularly for ex-pats, exceeds supply.
The ASC buyout is the private equity firm's third investment in Switzerland in 12 months following the acquisition of Swibox and BMF in 2011.