H.I.G Capital Acquires Cel Lep, an Educational Company in Brazil (Latin America)

Source: H.I.G. Capital

U.S.-based private investment firm H.I.G. Capital has acquired Cel Lep Idiomas (Cel Lep), a Brazilian English language teaching company. Cel Lep owns 17 schools and operates an additional four in the Brazilian states of São Paulo and Minas Gerais. Financial terms of the acquisition were not disclosed.