Charlottesville, VA, October 7, 2011 – WorldStrides is delighted to announce that The Carlyle Group has recently become a new investor in WorldStrides. The Carlyle Group, headquartered in Washington, D.C., with employees on six continents, is one of the largest and most influential global private equity organizations.
“The Carlyle Group is highly committed to supporting leading organizations in the field of education, both here in the U.S. and around the world,” says Jim Hall, WorldStrides CEO. “We are thrilled to have them as part of the WorldStrides team and are confident that they will be a great asset to us as we continue to grow domestically and internationally.”
Our previous investors, including Charlesbank Capital Partners and Silverhawk Capital Partners, will continue as investors alongside The Carlyle Group. There are no management changes as a result of this transaction.
In the coming months, we look forward to unveiling additional improvements for our customers as a result of The Carlyle Group’s involvement; particularly in the area of our continuing emphasis in offering world-class business meeting content for our business school programs.
Please do not hesitate to contact us with any questions.