April 2023: Origin Merchant Securities Inc. advises Vega Education Services on its growth capital financing

April 2023: Origin Merchant Securities Inc. advises Vega Education Services on its growth capital financing

By Charlie Osler

All Transactions, Financings & Capital Raisings

April 30, 2023

Origin Merchant Securities Inc. (“OMSI”) is pleased to announce Vega Education Services (“Vega”) and International Business University (“IBU”) have raised growth capital from a consortium of investors led by JKR Investment Group (“JKR”). OMSI was exclusive advisor to Vega on this transaction.

Vega is a Toronto-based provider of recruitment, academic and support services to the post-secondary sector, notably through a partnership with International Business University.

IBU is a Canadian, student-focused university that offers a growing set of undergraduate and graduate academic and professional degree programs that are career-relevant, and can be completed in an accelerated time frame.

JKR is a Cyprus-based, entrepreneurial investment fund with a focus on the education vertical. The fund helps ambitious start-ups and growing companies build profitable businesses.

Origin Senior Leads: Jim Meloche, Shaun Quennell.