New Horizons Has Been Acquired by an Investor Group Led by Camden Partners
New Horizons Worldwide, Inc. (formerly PINK: NWRZ), the world's largest independent IT training company, today announced the completion of the merger previously announced on August 13, 2012. The company was acquired by NWHW Holdings, Inc., a newly formed entity backed by Camden Partners Holdings LLC, a leading investment firm and a previous shareholder of New Horizons, together with an investor group. New Horizons' stock will no longer be quoted on the Pink Sheets.
"New Horizons has greatly benefited from the support of Camden Partners since its initial investment in 2005. We are excited that Camden Partners and its investment group are strengthening and deepening this support to help us ensure that New Horizons continues to be the leading global IT training company," said Earle Pratt, President and CEO of New Horizons.
"New Horizons has been an innovator in blended learning combining the benefits of flexible distance learning with the world?s largest network of IT training centers," stated David Warnock, Chairman of Camden Partners Holding, LLC. "Camden Partners is especially excited to join with our new investors to help provide New Horizons the best possible support for its future growth."