LCI Education set to acquire Art Institute of Vancouver
The LCI Education network, owner of LaSalle College Vancouver, is adding The Art Institute of Vancouver to its collection of private post-secondary institutions.
The Art Institute teaches more than 1,500 students in digital and media arts, VFX and game design, fashion, interior design, and culinary arts; it is known especially for its video-game design program. Similarly, LaSalle offers courses in digital arts, fashion and beauty, and interior design.
“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,” Claude Marchand, CEO of LCI Education network, said in a statement about acquiring AFI. “Following the closing of the transaction, which we expect will occur later this month, AIV will join 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.”
Brian Parker, president of the Art Institute of Vancouver, welcomed the ability to join LCI's expansive international network of schools, a network that spans five continents from Barcelona to Melbourne. "Among the many benefits, students, staff and faculty of AIV will be able to leverage LCI’s global community," he said in a statement.
Students currently enrolled in AIV programs will be able to graduate with AIV credentials, LCI clarified.