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Antares Capital is serving as administrative agent and lead left arranger on a senior secured credit facility to support the acquisition of CIBT Global, Inc.
As a specialist in visa and immigration services, CIBT works side-by-side with its corporate and individual clients in these highly complex and time-sensitive processes.
CIBT offers a high level of service, speed and security that is unmatched in Singapore today.
As part of the agreement CIBT and British Airways have formed a partnership under the brand name VisaCentral, a CIBT Company.
Because we do not have demographics for the group of students enrolled in the face-to-face CIBT course, we cannot make direct comparisons.
The agreement allows the Licensee to use KGIC's copyright protected curriculums, teaching methodologies, and CIBT's Global Learning Network to offer programs of KGIC and CIBT Education Group's other subsidiaries (collectively, "CIBT Group") within Beijing, in consideration for which KGIC will receive an initial set-up fee, an additional fee for each new location, as well as a monthly licensing fee.
As the global leader in visa and immigration services, CIBT works side-by-side with its corporate and individual clients in these highly complex and time-sensitive processes.
CIBT said Kohlberg represents a well-capitalised partner that will accelerate the company's ability to grow through both organic growth initiatives and strategic add-on acquisitions around the world.
Virgin Atlantic announced on Monday that it has entered a partnership with CIBT, a provider of visa and passport services, which will allow customers to organise travel documents at the same time as their flight tickets.
GEA will provide student services and recruitment by tapping into CIBT Group's existing infrastructure and referral network at 50+ locations in 18 countries.
M2 EQUITYBITES-June 5, 2017-Antares Capital Leads Financing for Kohlberg's Acquisition of Travel Visa Services Firm CIBT
CIBT Group plans to utilize Linkman International Language Institute as a launching platform to expand our market from post secondary and career education to younger students enrolled in elementary and middle school English programs commented Toby Chu, Vice Chairman, President, and CEO of CIBT Education Group Inc.