Formerly called
|
Academic Colleges of New Zealand Limited (1998-2010) Education Investments Group Limited (1994-1998) |
---|---|
Private | |
Traded as | ACG |
Industry | Education |
Founded | November 14, 1994Auckland, New Zealand | in
Founders | Sir John Graham Dawn Jones |
Headquarters | Level 1, 501 Karangahape Road, Auckland, New Zealand |
Area served
|
Australia, New Zealand, Indonesia, and Vietnam |
Key people
|
John Williamson (CEO) |
Brands | ACG |
Owner | Global Academic Group Holdco Limited |
Website | ACG Website |
Academic Colleges Group (ACG) is a New Zealand-based private education company that operates schools and other educational services in New Zealand and Asia. ACG offers education at all levels, starting at preschool and school education all the way through to university foundation programmes and vocational training. Incorpoarted as a New Zealand Limited Liability Company in 1994 it established its first school in 1995; and now ACG now delivers education to over 12,000 students in three countries through its 35 campuses located in 10 cities. It is New Zealand’s largest independent educational services provider. It was acquired by Pacific Equity Partners in 2015 for $530 million.
Sir John Graham and Dawn Jones CNZM established Senior College of New Zealand, New Zealand’s first school for senior students, in 1995. Now known as ACG Senior College, it is the founding school of the ACG group, which now comprises independent schools and vocational colleges around New Zealand.
In February 2013, Waterman Capital took a 24% Shareholding in ACG, and Executive Director of Waterman Capital Matt Riley joined the Board. Waterman was among the shareholders who agreed to sell ACG to Pacific Equity Partners.
On May 2015, the National Business Review released a statement that ACG had appointed UBS and Macquarie to run the sale process.
On September 17 2015, Pacific Equity Partners announced they had agreed to acquire ACG for an undisclosed sum.
ACG has five independent schools in New Zealand. Four are in Auckland: ACG Senior College,ACG Parnell College,ACG Strathallan, and ACG Sunderland.; and one in Tauranga: ACG Tauranga. The schools are secular and co-ed and teach Cambridge International Examinations. ACG Senior College also offers the International Baccalaureate.