Three years ago, FTAlphaville published the below report on Navitas – a company founded in Perth in 1994 that earns enormous profits providing agency services to Non-English Speaking (NES) students seeking to study in Australia and other developed nations:
[In early 2019] a consortium of buyers took an Australian company private in a multi-billion-dollar deal. The move wasn’t a play on commodities, real estate or any other of the other lines of business you might associate with the country’s economy.
Instead, it was all about education.
