ACG to buy Intueri schools out of receivership for undisclosed sum

Fri, 16 Jun 2017

By Paul McBeth June 16 (BusinessDesk) - ACG Education, the private equity-owned education services provider, has agreed to buy failed NZX-listed private training provider Intueri Education Group's seven New Zealand vocational schools for an undisclosed sum. Auckland-based ACG, which was bought by Australia's Pacific Equity Partners in 2015, has signed a conditional deal to buy the schools with Intueri's administrators William Black and Conor McElhinney of McGrathNicol, both parties said in separate statements. The transaction is subject...

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