Foreign consortium to buy education centers in Costa Rica

Laureate Education Inc., an American-based chain of private universities, has bought two Costa Rica educational institutions, Universidad Latina (Latina U) and Universidad Americana (UAM).

Thursday, July 10, 2008

Baltimore-based Laureate made the announcement of the purchase in Mexico, where it also acquired the Instituto Latino de Formación Integral (Ilafori).
All three were owned by the Mexico City firm Consorcio Pro-Educación.

More on this topic

Costa Rica: Interamericana Merges with U Latina

March 2010

The owner of both universities, Laureate Costa Rica, is awaiting approval from the authorities to merge both into a single education center.

A press release from the institution reported that the new center, if approved, would become the country largest private university, with over 30.000 students.

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