The market dynamics Brazilian higher education: an over view of mergers and acquisitions between 2005 and 2014
International Journal of Development Research
The market dynamics Brazilian higher education: an over view of mergers and acquisitions between 2005 and 2014
Received 10th November, 2018; Received in revised form 26th December, 2018; Accepted 30th January, 2019; Published online 28th February, 2019
Copyright © 2019, Fabrício Pelloso Piurcosky. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
This work deals with the processes of mergers and acquisitions (M&A) in the educational market of higher education in Brazil, exclusively between 2005 and 2014. Such an approach is justified in relation to the large volume of this type of event related to higher education institutions (HEIs) moving towards a process of consolidation in the industry. The purpose of this study is to establish an overview of the main mergers and acquisitions in Brazilian higher education educational market, typifying the size of higher education institutions, the geographic location and the profile of the acquired HEIs. This is demonstrated through the sample comprised 103 mergers and acquisitions events that occurred between the 8 largest purchasers. The analysis proved that the buyers have fondness for HEI College type, with businesses below 4000 students and with concept of General Courses Index (IGC) 3 and located in the South or Southeast of the country.
