Academic Colleges Group (ACG) acquires NZMA

Academic Colleges Group (ACG) acquires NZMA

Wednesday 1 October

 
 
 
Media release: October 1, 2014
 

ACG expands its Tertiary and Careers Division

 
Academic Colleges Group (ACG), New Zealand’s leading independent educational services provider, has significantly expanded its Tertiary and Careers Division with the acquisition of New Zealand Management Academies (NZMA).
 
 
NZMA has campuses at Sylvia Park and Otahuhu in Auckland, a campus in Hamilton and serves around 3,000 domestic and international students. NZMA provides programmes from Levels 2 to 7 in hospitality, cookery, business studies, contact centre operations, retail and construction.
 
 
ACG delivers education to over 6,000 students in three countries through its 11 schools and colleges. NZMA joins New Zealand Career College and ACG Yoobee School of Design in ACG’s Tertiary and Careers Division, and is ACG’s largest Private Training Establishment (PTE) acquisition to date.
 
 
ACG Chief Executive and Managing Director, Ian King, said the Group was continuing to diversify its portfolio of high quality educational services. NZMA is the third PTE ACG has acquired this year, and all three are classified by NZQA as Category 1 providers, the highest rating.
 
 
“NZMA is a leader in its sector of the market, and is helping to lift educational outcomes for its communities, something ACG is very focused on,” said Mr King. “We are pleased to have NZMA join ACG along ACG Yoobee School of Design and New Zealand Career College (NZCC). Our vision for a comprehensive tertiary and careers division offering a wide range of qualifications and pathways to the workforce is now a reality.”
 
 
Details of the transaction remain commercially confidential. ACG has acquired the NZMA business from Tim Cullinane, who bought NZMA 12 years ago.
 
 
NZMA Chairman Tim Cullinane said he was delighted that ACG brought with it the vision, resources and capabilities to take the education provider into its next phase of development.
 
 
“There is an excellent fit between our organisations, built on a common vision of a commitment to quality education for our students. This is a very positive outcome for NZMA, as the ACG Group is an ideal parent company to take the business forward.” said Mr Cullinane.
 
 
Mr Cullinane also thanked outgoing Chief Executive, Rosanne Graham, whom he credited with developing NZMA into a market- leading tertiary provider. Eighty-four per cent of NZMA’s domestic students are Maori or Pasifika, and the institution achieves among the highest graduation and employment outcomes in the sector.
 
 
ACG’s Divisional Chief Executive of the ACG Tertiary and Careers Group, Feroz Ali, said NZMA represented a significant addition to ACG’s tertiary and careers capability
 
 
 
“For NZMA operationally it will be business as usual, and we will work with the team to further develop
what is an outstanding educational offering,” Mr Ali said.
 
 
Mr King said that ACG’s capabilities now covered early childhood education right through to secondary
and tertiary plus training services.
 
 
“We are continuing to build a robust and diversified portfolio of independent educational services, true
to the vision of our founders to give our students access to the best education, and help our
communities lift educational performance.”
 
 
For further information:
 
 
Feroz Ali, Divisional Chief Executive, ACG Tertiary & Careers Group
027 577 5533
 
 
Kim Harase, Director of Marketing, ACG
021 422 669
 
 

About ACG

 
ACG is a leading independent provider of educational services, offering:
 
Pre-school/Kindergarten, Primary, Middle and Senior School education
English Language courses
University Foundation Studies for the University of Auckland and AUT University, and
Certificates, Diplomas and Degrees in digital media and design, business, early childhood education,
health, hospitality, cookery, contact centre operations, retail and construction.
 
 
ACG’s schools, colleges and tertiary campuses comprise:
 

New Zealand

  • ACG Parnell College & Primary School
  • ACG Senior College
  • ACG Strathallan Pre-school, School and College
  • ACG Sunderland Pre-School, School and College
  • ACG Tauranga Preschool, School and College (opening in February 2015)
  • ACG New Zealand International College, delivering the University of Auckland Certificate in Foundations Studies
  • ACG Norton College, delivering the AUT University Certificate in Foundation Studies
  • ACG English School
  • ACG Yoobee School of Design, Auckland
  • New Zealand Career College (NZCC)
  • New Zealand Management Academies (NZMA)

Vietnam

  • Australian International School (AIS)

Indonesia

  • ACG International School Jakarta (Indonesia)
  • ACG International School Bali (planned)
 
 
 
 
 

About NZMA

 
NZMA is a leading independent tertiary education provider offering programmes in hospitality, cookery, retail, business, contact centre and construction. NZMA has campuses in Auckland (Sylvia Park and Otahuhu) and Hamilton. It is a Category 1 provider on NZQA’s EER rating with annual course completion rates above 80 per cent.
 
 
 
 
 
 

ENDS