Artemis Transaction Advisors Advises Triumph Higher Education Group in Acquisition of Vancouver-based Pacific Institute of Culinary Arts
This deal is a notable opportunity for Triumph to expand beyond the United States and is a cornerstone of future growth. The new partnership will ensure a continued commitment to students’ success well into the future.
- Alex Hicks, Managing Director
In a deal led by Alex Hicks, Managing Director at Artemis Transaction Advisors, Triumph Higher Education Group has acquired Vancouver’s Pacific Institute of Culinary Arts (PICA), marking a strategic expansion into the Canadian market. By uniting PICA with the Auguste Escoffier School of Culinary Arts, the partnership creates a network serving 8,000 students annually across North America. Alex Hicks noted, "This deal is a notable opportunity for Triumph to expand beyond the United States and is a cornerstone of future growth. The new partnership will ensure a continued commitment to students’ success well into the future."
This integration combines PICA’s hands-on programs at its iconic Granville Island location in Vancouver with Auguste Escoffier’s comprehensive online culinary education. Highlighting the deal's significance, Darrell Butler, Founder of Artemis Transaction Advisors, added, "We are proud to have guided this transaction uniting the Pacific Institute of Culinary Arts with Triumph’s portfolio to create an international powerhouse, strategically positioning Triumph Higher Education Group to address critical skilled labor shortages." With former owners transitioning into advisory roles, the network now provides a robust cross-border career pathway. Read the full story at PR Newswire. Click here to read the full press release.
About Artemis Transaction Advisors
Artemis Transaction Advisors is a boutique investment banking firm specializing in mergers and acquisitions, recapitalizations and financial advisory services. The firm provides tailored solutions to middle-market businesses, helping them achieve their strategic goals. Artemis is based in Chicago, with additional offices in Atlanta and Dallas.
