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

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.