Global University Systems Acquires IBAT College Dublin

LONDON, November 3, 2016 /PRNewswire/ --

Global University Systems B.V. ("GUS") announces that it has acquired IBAT College Dublin, Ireland's leading industry-focussed third level institution. IBAT provides a blend of high quality undergraduate, postgraduate and professional education within a state-of-the-art learning environment in a range of subject areas including Business, Accounting, ICT and Management. IBAT is centrally located in the Temple Bar area of Dublin city centre. Shane Ormsby remains as managing director following this transaction.

Aaron Etingen, Founder and CEO of GUS, said: "Ireland has a long tradition of world-class universities and colleges with links to business across Europe and I am very pleased to welcome IBAT to GUS."

Shane Ormsby, Founder and Managing Director of IBAT College Dublin said: "We have developed IBAT College Dublin to the excellent standing it now enjoys domestically and internationally, and we were looking to partner with an educational group that could assist us to get to the next level. Our mission has always been very simple - to provide the highest level of business education to students from countries across the globe.

"Our acquisition by GUS is just the next stage in our journey and GUS will give us the scope to build upon our successes to date and help us develop further. It is a new and exciting chapter in IBAT's history and an exciting time for both our staff and students."

Global University Systems is a global education group made up of a number of prestigious institutions, offering a broad range of professional, vocational, graduate and postgraduate programmes to c.45,500 students each year from around 150 countries. It is based in some of the world's biggest cities, with campuses in Dublin, London, Birmingham and Manchester; across the Atlantic in Toronto and Vancouver; and across the globe in places such as Singapore and Hannover. GUS has a strong track-record in enhancing the performance and reputation of institutions; the University of Law, acquired in 2015, was recently ranked 1^st in the UK for overall student satisfaction in the 2016 National Student Survey.

Legal advisers to the transaction were Matheson Solicitors and Lemans Solicitors.