Pearson invests $720 million in Brazil in English Education

The ICAL TEFL Blog

Pearson Education LogoThe British Pearson group is buying Grupo Multi, the largest provider of private language education in Brazil, in a major move into education in South America.

Peason will pay $720 million in cash to buy the company which currently has over 800,000 students and last year posted a profit of almost $70 million. This in a country with around 25% living below the poverty line.

Some see this as a move to offset the fall in education profits in Europe and the US due to a faltering economy.

Pearson will use the purchase to push its Wall Street brand of schools in the country.

Useful Links

Teaching English in Brazil‏‎

Pearson ESL‏‎

Wall Street Institute

Related Articles

6 Tips to Make your ESL Classes More Effective

Teaching is undeniably a challenging job, in fact many consider it one of the most difficult careers you could choose. Nevertheless, being a teacher is an enriching experience. Through quality education and effective teaching methodologies,...

read more

ICAL TEFL Resources

The ICAL TEFL site has thousands of pages of free TEFL resources for teachers and students. These include: The TEFL ICAL Grammar Guide. Country Guides for teaching around the world. How to find TEFL jobs. How to teach English. TEFL Lesson Plans....

read more

0 Comments