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Navitas, LLC company history timeline

1994

Navitas was established in 1994, as the Perth Institute of Business and Technology (PIBT). The company was co-founded by Rod Jones and Dr Peter Larsen, as a joint venture with Edith Cowan University.

2000

Following a partnership deal with a university in the United Kingdom in 2000, the company made its first international expansion.

2005

In 2005, as Australia's only private education company of its kind at the time, IBT Education acquired the largest private English training company in Australia, Australian Centre for Languages (ACL) Pty Ltd. for A$55.7m.

2007

Following shareholder approval, the company proceeded with a renaming in 2007, renaming itself from IBT Education Limited, to Navitas Limited, as well as rebranding its public operations to Navitas.

2010

Navitas expanded operations into the USA in 2010, through partnerships with the University of Massachusetts and Western Kentucky University.

2011

Responding to a favourable financial environment, Navitas moved on acquiring SAE Group, for A$294.3m, in 2011, its largest acquisition so far.

2014

Subsequently, Forbes placed it 25th in their Most Innovative Growth Companies 2014 list.

2017

In 2017, the company launched Navitas Ventures, a corporate venture capital fund.

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Founded
1994
Company founded
Headquarters
Hillsborough, NJ
Company headquarter
Founders
Dr Peter Larsen,Jim Pettit,Rod Jones,Travis Putnam
Company founders
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Navitas, LLC competitors

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Broadreach1993$3.4M12511
The National Math and Science Initiative2007$39.3M294-
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Atlantic Partners Ems Inc.1980$5.0M19-
Independent Educational Consultant-$510,00076
Thea Foundation2001$5.0M83
OFIC1950$850,00050-

Navitas, LLC history FAQs

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Navitas, LLC may also be known as or be related to IBT Education Pty Ltd, NAVITAS CAPITAL, NAVITAS LLC, Navitas Wealth Advisors, Inc. and Navitas, LLC.