Endeavour
Australia’s largest higher education provider in natural therapies
Snapshot
Type of Investment
Corporate Carveout
Industry
Education Services
Initial Investment
October 2018
Fund
Allegro Fund III
Investment Status
Current
Website
Contact
Fay Bou
Jeremy Trouncer
Theodore Sun
Endeavour College was established in 1975 and is Australia’s largest higher education provider in natural therapies including Naturopathy, Nutrition, Acupuncture and Myotherapy. The college teaches over 3,500 students across six campuses in Adelaide, Brisbane, Gold Coast, Melbourne, Perth and Sydney.
In October 2018, Allegro acquired Endeavour Learning Group from its UK-based parent company Study Group. Endeavour Learning Group was the second investment made in Allegro Fund III.
In July 2023, Allegro entered into a binding agreement with UP Education, a Pacific Equity Partners portfolio company, to acquire Endeavour Learning Group. In August 2023, Endeavour was merged into the larger UP business.
UP Education is New Zealand’s largest private education provider. It is the rebranded Tertiary Division of ACG following the separation and disposal of the ACG K-12 Schools. UP Education educates approximately 23,000 students each year, and employs more than 1,200 staff across 50 campuses in New Zealand and Australia.
The transaction provides Endeavour with an opportunity to realise its potential within a larger, diversified education platform and for Allegro Fund III to maintain its exposure to the attractive and growing tertiary education sector.