BALTIMORE, MARYLAND (January 22, 2014) – Camden Partners today announced an investment in Triumph Higher Education Group, a global education system dedicated to providing dynamic high quality learning experiences using superior technology.
Through campus-based and online instruction under the name Auguste Escoffier, a legendary figure in the culinary industry, Triumph provides a disruptive force in vocational culinary education. The online program’s methodology for culinary instruction blends interactive, synchronous and asynchronous content through an integrated, assessment-based learning and technology platform at affordable price points. Catering to both the enthusiasts and careerist markets, the online programs are supported by two state of the art campuses located in Boulder, CO and Austin, TX.
David Warnock, Senior Partner and Managing Member of Camden Partners, will join the Company’s Board of Directors. Jack Larson, the founder and former CEO and President of Career Education Corporation, is the founder and Executive Chairman of Triumph.
“Triumph is a transformative company addressing a need for high quality culinary arts employees,” commented David Warnock. “The high cost of many culinary arts programs has created lots of graduates, but many with crippling levels of debt. Triumph’s $4,000 online certification will be a very competitive alternative. Its two site-based campuses are leaders in the farm-to-table movement.”
“We look forward to working with David and his team and taking our company to the next level,” says Jack Larson, Executive Chairman of Triumph Higher Education Group.
Triumph Higher Education is a new education company, headquartered in Hoffman Estates, Illinois. Triumph is building a professionally managed system of quality, affordable schools known for stimulating learning experiences, good outcomes, and good career opportunities for graduates. The primary areas of academic focus at Triumph are culinary education and online education covering a variety of academic disciplines. These areas offer substantial opportunity for growth and address key educational needs of the nation and the world. For more information please go to www.triumpheducation.com.
About Camden Partners
Camden Partners is a Baltimore-based private equity firm focused on seed and growth stage investments in healthcare, education, technology and business services companies. For more information, please go to: www.camdenpartners.com.