LCI Education network agrees to acquire The Art Institute of Vancouver

LCI's second Vancouver campus will help students seeking job-ready skills in digital arts, fashion, interior design and culinary arts

VANCOUVER, Jan. 18, 2017 /CNW/ - The LCI Education network (LCI), which owns LaSalle College Vancouver (LCV), has reached an agreement to add The Art Institute of Vancouver (AIV) to its growing family of private post-secondary institutions around the world. LCV and AIV employ experienced, industry professionals to teach job-ready skills to a combined 1,500 students in Digital & Media Arts, VFX & Game Design, Fashion, Interior Design and Culinary Arts. The transaction is anticipated to close no later than January 31, 2017.

"Acquiring leading private, post-secondary educational institutions is an important part of LCI's strategy to become the world's leading network of select private educational institutions, recognized for innovation, efficiency and results," said Claude Marchand, CEO of LCI Education network. "AIV will be joining a strong and stable Canadian organization that is driven by the needs of students, providing enriched opportunities for learning and skill development, instruction by leaders in the Vancouver creative industries, and access to international career services."

With the acquisition of the AIV campus on Renfrew Street, LCI will have an increased presence on the West Coast, and a network of 22 campuses on five continents including global design centres such as Montreal, Barcelona, Bogota and Melbourne.

Following the acquisition, students and faculty of AIV will be able to leverage LCI's global community in a number of ways, including:

  • Faculty collaboration to remain current in international trends and develop globalized curricula.
  • Exposure to a diversity of cultures, with students from over 75 countries enrolled in LCI campuses.
  • Connections for students and graduates to Student Career Services, including job and portfolio postings world-wide.

In the past seven years, AIV has been consistently named one of the top 10 undergraduate schools for video game design by the Princeton Review, while LCI has received accolades from many sources, including the Hempel Awards, Telio's Canada's Breakthrough Designer competition, and Fashionista.com.

"Joining the LCI family provides AIV with support from respected private post-secondary institutions and further momentum for its progressive, industry-leading curricula," said Brian Parker, The Art Institute of Vancouver, President.

Students will benefit by having wider access to facilities, faculty, staff and connections to industry. Students enrolled in AIV programs prior to the acquisition will be able to graduate from AIV with AIV credentials.

The Art Institute of Vancouver is currently a subsidiary of Education Management Corporation, a provider of private post-secondary education in the U.S.

More information about the acquisition can be found at www.lcieducation.com/welcomeaiv

About the LCI Education network
LCI Education traces its origins back to LaSalle College in Montreal, which was founded in 1959. Present today on 5 continents, the LCI Education network consists of 22 select higher education institutions, and some 1,500 employees offering instruction to over 10,000 students throughout the world each year. LCI Education is also known as a leader in online training in Canada. LCI Education encourages program harmonization across the various countries in order to ensure greater flexibility, better control over the quality of its services and respect for cultural diversity.

About The Art Institute of Vancouver
The Art Institute of Vancouver (AIV) is an award winning higher education provider offering an array of exciting applied arts programs in diverse fields such as VFX for Film and Television, Video Game Programming, Digital Film & Video, Game Art & Design, Graphic Design, Interior Design, Fashion, Culinary Arts and just to name a few. Located in an 80,000 square feet building in beautiful Vancouver, AIV delivers programs with credentials ranging from Bachelor Degrees, Diplomas and Certificates and has been consistently named one of the top 10 undergraduate schools for video game design by the Princeton Review.

SOURCE LCI Education network

For further information: Shari Burnett, Edelman, E: shari.burnett@edelman.com, P: 604-648-3410

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