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Sommet Education acquiring majority stake in Invictus Education Group

Sommet Education (@SommetEdu), the worldwide network of first-class higher education hospitality and culinary arts schools, is acquiring a majority stake in leading South African private education operator Invictus Education Group alongside its historical shareholders, the two organisations have jointly announced.

After acquiring Ɖcole Ducasse in 2019, the announcement represents a new step forward for Sommet Education, which brings the number of its campuses from nine to 17, doubling its worldwide footprint, and growing from 6,000 to 9,000 students. Sommetā€™s strategy leverages on expansion to support its growth through various types of opportunities, from acquisitions of local and regional hospitality education brands to investment in adjacent business lines or asset-light models. The signing also marks the start of a rapid expansion plan in South Africa and further pan-African developments.

Together, Sommet Education and the Invictus Education Group plan to develop additional campuses for the International Hotel School and one additional SAE Institute campus in South Africa. The first project under construction will be located in Benoni, South Africa, and is due to open in July this year. It will be followed in 2022 by other campuses in South Africa: Nelspruit, Potchefstroom, Port Elisabeth and Pretoria. Ambitious developments are also targeted for Africa, with a first campus opening in Kenya already scheduled for 2023.

In addition to these expansion plans, the two partners are looking to implement synergies in four key areas: curriculum building and faculty expertise to support the expansion of Invictusā€™ Bachelorā€™s Degree on which Glion Institute of Higher Education and Les Roches (part of Sommet Education) have built their reputation; further development of culinary and pastry arts portfolio of programs relying on the know-how of Ɖcole Ducasse; Invictus bringing its knowledge and experience of B2B training, development and business consulting from its Summit brand; and both partners will work together and share their knowledge, experience and vision on online education programs and platforms.

ā€œInvictus Education Group is an amazing success story in the African education landscape,ā€ said BenoĆ®t-Etienne Domenget, CEO of Sommet Education.

ā€œWith a 25-year history on the continent, a diverse portfolio of hospitality education institutions, a very strong digital program portfolio, a highly experienced team and a robust management, a national footprint and strong pipeline, Invictus has the potential to further carry all our ambitions in the region and beyond.ā€

Mike Lambert, Invictus Founder and CEO, explained:

ā€œSommet Education is the international partner we needed to support our vision and expansion plan. This alliance also means that we will be able to provide our students with access to a worldwide network of alumni and industry partners with diversified learning paths and careers, with even more opportunity to learn and thrive internationally.ā€

Sommet Education is the only education group with two top four globally-ranked hospitality business schools, Glion Institute of Higher Education and Les Roches, recently elected second and third in the world respectively by employers (QS World University Rankings 2021). Together with culinary and pastry arts school, Ɖcole Ducasse, the Group presently operates nine campuses in five countries (Switzerland, France, Spain, UK and China) as well as state-of-the-art remote learning platforms.

Invictus Education is a leading private education network in South Africa. It is a diversified company within the field of hospitality education and training that comprises of the following four brands and a network of eight campuses, three regional offices, and one support office within the country:

  • International Hotel School, which delivers full-time programs in hospitality management, food and beverage management and culinary arts. The school also operates an online learning platform with pathways ranging from short courses to full-scale qualifications both within Africa and Australia;
  • IHS Gaming, dedicated to gaming, and therefore answering to the training needs of the major listed casino operators in the country;
  • SAE Institute Africa, a fast-growing education company dedicated to creative media education and offering a broad portfolio of programs including Bachelorsā€™ degrees and Higher Certificates in film production, sound production, animation and gaming.
  • Summit, experts in the field of training, development, and business consulting, which assists corporate businesses in achieving their strategic goals through innovative digital and practical training delivery mechanisms, with an emphasis on offering tailor-made solutions in hospitality, gaming, management and retail food services sectors.

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