Galileo Global Education

Galileo Global Education was created when the American investment fund Providence Equity acquired Istituto Marangoni (Italy) in 2011, and began to expand by acquiring public schools from a variety of backgrounds in France, Germany, Mexico and elsewhere. At the same time, Studialis, a French higher education group, is expanding and acquiring schools in a range of sectors: management, IT, arts and crafts, etc.{{Cite web |last=Figaro |first=Le |date= |title=Le groupe Studialis rachète l'Atelier Chardon Savard |url=https://etudiant.lefigaro.fr/flash/flash-actu/detail/article/le-groupe-studialis-rachete-l-atelier-chardon-savard-9946/ |access-date=2020-02-17 |website=Le Figaro |language=fr}}

In 2016, Galileo Global Education acquired Studialis, formerly Eductis, for €250 million. Studialis will be renamed Galileo Global Education France in July 2023.{{Cite web |title=Studialis cédé pour 250 millions d'euros à Galileo Global Education |url=https://www.challenges.fr/challenges-soir/studialis-cede-pour-250-millions-d-euros-a-galileo-global-education_58121 |access-date=2020-02-17 |website=Challenges |language=fr}}{{Cite web |title=Annonces commerciales detail — bodacc.fr |url=https://www.bodacc.fr/pages/annonces-commerciales-detail/?q.id=id:B202301351378 |access-date=2024-11-05 |website=www.bodacc.fr}}

In April 2018, Téthys Invest, a subsidiary of the Bettencourt Meyers family's holding company, became a reference shareholder in the Galileo Global Education group and sits on the Board of Directors alongside the American investment fund Providence Equity, the majority shareholder.{{Cite web |date=2018-04-25 |title=Enseignement supérieur : avec Galileo, les Bettencourt s'invitent dans l'éducation |url=https://www.lesechos.fr/2018/04/enseignement-superieur-avec-galileo-les-bettencourt-sinvitent-dans-leducation-989430 |access-date=2020-02-17 |website=Les Echos |language=fr}}

On 13 February 2020, US investment fund Providence Equity announced the sale of its majority stake in the Galileo Global Education group for an estimated €2.3 billion.{{Cite journal |date=2020-02-13 |title=Exclusive: Education firm Galileo up for sale with $2.7 billion price tag - sources |url=https://www.reuters.com/article/us-galileo-m-a-exclusive-idUSKBN20720P |journal=Reuters |language=en |access-date=2020-02-17}}{{Cite web |last=Mitrofanoff |first=Kira |date=2020-03-06 |title=Galileo Global Education vendu 2,3 milliards d'euros |url=https://www.challenges.fr/education/exclusif-galileo-education-vendu-2-3-milliards-d-euros-a-tethys_701850 |access-date=2024-10-15 |website=Challenges |language=fr}} The Group was sold in March 2020 to a shareholder group comprising Téthys Invest, the holding company of the Bettencourt-Meyers family, Bpifrance, the Canada Pension Plan Investment Board and Montagu Private Equity. The group is managed by international investment funds.{{Cite web |date=2020-03-06 |title=Galileo Education vendu 2,3 milliards d'euros |url=https://www.challenges.fr/education/exclusif-galileo-education-vendu-2-3-milliards-d-euros-a-tethys_701850 |access-date=2022-09-22 |website=Challenges |language=fr}}{{Cite news |last=Piquemal |first=Marie |date=27 September 2022 |title=Enseignement supérieur : boîtes à diplômes et machines à sous |url=https://www.liberation.fr/societe/education/enseignement-superieur-boites-a-diplomes-et-machines-a-sous-20220927_QB6TQLTGIBHL7PT53GPTSTGMIM/ |access-date=28 September 2022 |newspaper=Libération |language=fr }}

In 2020, Galileo Global Education acquires Regent's University London.{{Cite journal |date=2020-05-11 |title=Covid-19 created opportunity says Galileo, after Regent's acquisition |url=https://thepienews.com/news/covid-19-created-opportunity-for-galileo-to-acquire-regents-university/ |journal=The Pie News}}{{Cite web |last=Affia |first=Emaido |date=2020-08-26 |title=Galileo to acquire Regent's University London |url=https://www.globaleducationtimes.org/news/europe/galileo-to-acquire-regents-university-london/2030/ |url-status=dead |archive-url=https://web.archive.org/web/20221002191817/https://www.globaleducationtimes.org/news/europe/galileo-to-acquire-regents-university-london/2030/ |archive-date=2 October 2022 |access-date=2022-03-29 |website=Global Education Times |language=en-GB}}

In 2021, the Group acquired IPETH, a physiotherapy school in Mexico, as well as LMA and Health Events, and created the Eva Santé school in France, a training institute for care assistants.{{Cite web |title=Robbie Williams' LMA joins prestigious global network |date=9 May 2022 |url=https://theguideliverpool.com/robbie-williams-lma-joins-prestigious-global-network/ |language=en}}{{Cite web |title=Galileo Global Education The group |url=https://www.studialisedu.net/galileo-global-education-group}}

In 2022, Galileo Global Education created ELIJE, a law school in Paris, and acquired AKAD University in Germany and TAI School of Arts in Spain. That same year, the Group acquired a 40% stake in EM Lyon Business School, consistently ranked among the best business schools in Europe.{{Cite web |date=2022-09-07 |title=EXCLU - L'emlyon accueille la famille Bettencourt Meyers à son capital |url=https://www.challenges.fr/education/exclusif-lemlyon-accueille-la-famille-bettencourt-meyers-a-son-capital-via-galileo-global-education_826955 |access-date=2022-09-07 |website=Challenges |language=fr}}{{Cite journal |last=Isabelle Chaperon |date=2022-09-08 |title=L'EM Lyon veut se relancer avec un nouvel actionnaire |url=https://www.lemonde.fr/economie/article/2022/09/08/l-em-lyon-veut-se-relancer-avec-un-nouvel-actionnaire_6140708_3234.html |journal=Le Monde.fr |access-date=2022-09-08}}

File:Institut_national_agronomique_Paris_Grignon_Paris_2.jpg

The Galileo Global Education group comprises more than 50 private colleges and universities, and 106 campuses in 15 countries. It sells courses to 200,000 students, more than 50% of them in France, and more than 50% online.{{Cite magazine |first=Kira |last=Mitrofanoff |date=30 November 2022 |title=Pénicaud, Pepy, Hirsch, les recrues très sélectes de Galileo Education |url=https://www.challenges.fr/grandes-ecoles/penicaud-pepy-hirsch-les-recrues-tres-selectes-de-galileo-education_837303 |magazine=Challenges |lang=fr }}{{Cite news |first=Nicolas |last=Maviel |date=13 September 2022 |title=Emploi des jeunes : "On a besoin de compétences pluridisciplinaires", souligne le PDG de Galileo |url=https://www.leparisien.fr/economie/emploi/emploi-des-jeunes-on-a-besoin-de-competences-pluridisciplinaires-souligne-le-pdg-de-galileo-13-09-2022-6J3MSB5SFBBE7KGBEW6IHBLMR4.php |newspaper=Le Parisien |language=fr }}

In 2025, Galileo Global Education is to bring together its Paris schools, including the Paris School of Business, Cours Florent and Penninghen, on the Claude-Bernard Campus, the former site of AgroParisTech, at 16, rue Claude-Bernard in the 5th arrondissement of Paris.{{Cite web |last=Mitrofanoff |first=Kira |date=2023-05-23 |title=L'enseignement privé s'installe dans le quartier latin |url=https://www.challenges.fr/grandes-ecoles/l-enseignement-prive-s-installe-dans-le-quartier-latin_856145 |access-date=2024-01-17 |website=Challenges |language=fr}}{{Cite web |title=Paris school of business (Galileo) détaille sa stratégie 2028 et dévoile... |url=https://www.aefinfo.fr/depeche/692607-paris-school-of-business-galileo-detaille-sa-strategie-2028-et-devoile-les-premiers-choix-operes-sur-lex-campus-agro |access-date=2024-01-17 |website=AEF info |language=fr}}

• Universidad de Ciencias Médicas (San Jose)

• European University Cyprus (Nicosia)

• Atelier de Sèvres (Paris)
• Paris School of Business (Paris, Rennes)
• Strate School of Design (Sèvres, Lyon, Bangalore, Singapore)
• Cours Florent (Paris, Montpellier, Bordeaux, Brussels)
• ELIJE Law School (Paris)
• Eva Health (Metz)
• Penninghen School of Interior Architecture (Paris)
• LISAA School of Art & Design (Paris, Bordeaux, Nantes, Rennes and Strasbourg)
• Institut Culinaire de France (Bordeaux and Paris)
• Institut d'Études Supérieures des Arts - IESA (Paris)
• Bellecour School (Lyon)
• Institut Technique du Maquillage - ITM (Paris)
• CIFACOM and CIFAP (Montreuil)
• Conservatoire Libre du Cinéma et de la Fiction - CLCF (Paris)
• ESARC Evolution (Aix-en-Provence, Toulouse, Bordeaux, and Montpellier)
• École Supérieure de Gestion - ESG (Aix-en-Provence, Bordeaux, Lyon, Montpellier, Nantes, Rennes, Rouen, Strasbourg, Toulouse, Tours, Dijon, and Biarritz)
• Digital Campus (Bordeaux, Lyon, Montpellier, Rennes, Toulouse, Nantes, Le Port and Dakar)
• Narratiiv School of Mass Communication, Journalism and Creation (Paris)
• HETIC IT School (Montreuil)
• The Web School Factory (Paris

• Macromedia University of Applied Sciences (Berlin, Cologne, Freiburg im Breisgau, Hamburg and Stuttgart)
• PFH Private University of Applied Sciences (Göttingen and Stade)

• Nuova Accademia di Belle Arti (Milan)
• Domus Academy (Milan)
• Istituto Marangoni (Milan, Florence, London, Paris, etc.)

• Universidad IEU (Puebla, Acapulco, Campeche, Cancún, Chilpancingo, Coatzacoalcos, etc.)
• Instituto Profesional en Terapias y Humanidades - IPETH (Mexico City, Puebla, Guadalajara, State of Mexico & Guatemala)

• Noroff University College

• Regent's University London
• Liverpool Media Academy (Liverpool and London)

• Nackademin University of Applied Sciences (Solna, Stockholm County)

• Institut Supérieur de Management (Dakar)

The international investment funds that are shareholders in Galileo Global Education are aiming for financial profitability in a market that was structured in the 2000s and is still perceived as profitable, and even as promising. While Bpifrance's (the French Public Investment Bank) support for the group does not allow it to influence its strategy, it does provide shareholders with an incentive.

The Group's use of online training, as with its subsidiary Studi, guarantees high profitability, since the formula saves on premises and reduces the number of teachers.

Sociologist and economist Aurélien Casta estimated in 2022 that families know little or nothing about the role of investment funds in private colleges (écoles) and grandes écoles in France, despite the fact that the country is one of the most developed in terms of private for-profit higher education.

Its competitors in France include the Ionis Education Group and Omnes Education groups.{{Cite news |date=12 September 2023 |title=Enseignement supérieur privé: la bombe à retardement |url=https://www.fondapol.org/dans-les-medias/enseignement-superieur-prive-la-bombe-a-retardement/ |newspaper=L'Opinion (French newspaper) |first=Marie-Amélie |last=Lombard-Latune |via=Fondapol.org - Un Think Tank libéral, progressiste et européen }}

Galileo Global Education has been registered as an interest representative with the Haute Autorité pour la Transparence de la Vie Publique since February 2021. In 2022, the company will declare expenses of less than €50,000 for this activity.{{Cite web |title=Fiche Galileo Global Education France |url=https://www.hatvp.fr/fiche-organisation/?organisation=752994566}}

In February 2023, the group was the target of an investigation by the French newspaper Libération into ‘the underbelly of an educational business that prospers thanks to the laissez-faire attitude of the state’.{{Cite web |last=Piquemal |first=Marie |title=Galileo, la ruée vers l'or d'un géant de l'enseignement supérieur privé |url=https://www.liberation.fr/societe/education/galileo-la-ruee-vers-lor-dun-geant-de-lenseignement-superieur-prive-20230213_U4O3LEFFHBDHTGKJWSD2AMZ6TA/ |access-date=2023-02-23 |website=Libération |language=fr}}

In 2024, the French public television channel France 2's programme Complément d'Enquête gave the floor to a Galileo executive who said that financial interests were more important than educational ones. The report also examines the links between Muriel Pénicaud and the group, with the former French Minister for Employment now a board member.{{Cite web |last=Piquemal |first=Marie |title="Complément d'enquête" apporte de nouvelles preuves sur les dérives du business de l'apprentissage privé |url=https://www.liberation.fr/societe/education/complement-denquete-apporte-de-nouvelles-preuves-sur-les-derives-du-business-de-lapprentissage-prive-20240425_3VSEND3ZUJGNPLEWF433ODQNGQ/ |access-date=2024-04-25 |website=Libération |language=fr}}

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