WorldStrides, a Charlottesville, Va.-based accredited supplemental travel school, has acquired both the Field Studies Center of New York and Accent Travel Group. No financial terms were disclosed. WorldStrides is a portfolio company of Charlesbank Capital Partners.
WorldStrides, a portfolio company of Charlesbank Capital Partners, has made two acquisitions: the Field Studies Center of New York and Accent Travel Group. An accredited supplemental travel school based in Charlottesville, VA, WorldStrides offers educational student travel programs in history, science and the arts to destinations across the United States, Canada, Costa Rica, Europe and Asia.
Field Studies Center of New York, established in 1969, specializes in student travel programs focusing especially on the performing arts. A logical product extension particularly to WorldStrides' musical programs, the acquisition will allow WorldStrides' students to participate in one of
Since its inception in 1977, Accent Travel Group has been the leading
Charlesbank Capital Partners has held a majority interest in WorldStrides since 2005. Brandon White, a Charlesbank Managing Director, says, “We see great potential from the Field Studies acquisition and the opportunity it offers for students to perform at one of the world's top musical venues, Carnegie Hall. With Accent, the expansion into adult study and travel programs offers a broad new spectrum for future growth.”
WorldStrides CEO Jim Hall adds, “These companies share a common mission with WorldStrides to enrich students' lives through experiential travel. I am proud of our shared values and excited for the expanded opportunities these partnerships will bring to our organization and our clients.”
WorldStrides, founded in 1967, is based in
With offices in