Providence Equity Partners Acquires Istituto Marangoni

An investor group led by affiliates of Providence, Rhode Island based private equity firm Providence Equity Partners, has acquired Istituto Marangoni from Career Education Corporation (NASDAQ: CECO).

The deal, whose amount was not disclosed, is expected to help the company continue to grow.

Istituto Marangoni, which provides education to students primarily in the areas of fashion and design, is headquartered in Milan, Italy, with additional locations in Paris, France, and London, England.
It offers a wide range of masters degree including fashion design womenswear and menswear; fashion accessories & luxury goods, styling & portfolio, photography, product management, promotion, and buying; fashion & luxury brand management; interior design for luxury living.



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