In a deal that might be worth £200 million, three investors are attempting to acquire Cambridge Education Group, which is situated in the UK.

According to the rumors, three private equity groups are seeking to buy Bridgepoint’s CEG. Later, it was revealed that the entities attempting to acquire the business were American investor Vanta, Bahrain-based Investcorp, and Oxford International Education Group.

According to one banker, OIEG was expected to have an advantage because of the cost synergies it could realize.

Bridgepoint was reportedly considering selling CEG in February 2022, according to a report. The education firm was initially purchased by a private investment firm in 2013 for a sum of £185 million.

Former owners Palamon Capital acquired CEG in 2007 for an acquisition multiple that was 11 times the expectation for the current year’s trade.

In addition to its ONCAMPUS centers in London, Paris, Lund, Boston, and Chicago that offer paths to a number of schools, CEG counts eight UK universities among its partners.

It also collaborates with the Dutch University of Amsterdam. Through its Castel Education brand, as well as through CEG Digital and iheed, CEG offers online courses with a focus on the healthcare industry.

In addition to offering courses at the OIEG London Centre, OIEG currently has international college partnerships in the UK with De Montfort, Dundee, Bangor, Bradford, and Greenwich. OIEG collaborates on paths with San Francisco State University in the US.