Pan-European private equity investor Oakley Capital’s (Oakley) portfolio company ACE Education Group (ACE) has acquired EIDM, one of France’s leading Fashion Business & Styling schools.
Based in Paris, EIDM offers students a range of specialised programmes from Bachelor’s to Master’s, as well as recognised professional diplomas.
ACE is a diversified higher education group with over 30 campuses in France and abroad and over 5,000 students. The business operates under four brands: AMOS, the leading French sports management business school; ESBS, a sports management school based in Valencia, Spain; ESDAC, a leading French design school group; and CMH, a heritage international luxury hospitality & tourism school.
Oakley reinvested in the business in 2021 alongside Groupe Amaury and ACE’s founder Patrick Touati to benefit from a rich pipeline of M&A opportunities, as well as from the significant strategic and commercial benefits Amaury brings as a prominent stakeholder in the French sports industry.
The acquisition of EIDM will enable ACE to further diversify its business and train students in the business of Fashion and Luxury, a major industry in Europe with strong, long-term growth prospects.
