Crizac Acquires 51% Stake in UK-Based Studies Planet.Com Limited
Filing Summary
Crizac Limited announced that its wholly owned subsidiary, Crizac Ltd (UK), has acquired a 51% equity stake in Studies Planet.Com Limited (SPL), a UK-based company specializing in international student recruitment from Latin American markets. The acquisition, completed through a cash transaction, will be finalized by March 31, 2026. SPL reported a turnover of £138,613 and a net loss of £26,337 as of September 30, 2024. This acquisition expands Crizac’s presence in the Latin American region, strengthening its international student recruitment operations through its UK-based subsidiary.
Crizac Limited has announced that its wholly owned subsidiary, Crizac Ltd (UK), has entered into definitive agreements to acquire a 51% controlling stake in Studies Planet.Com Limited (SPL), a private company incorporated in the United Kingdom. The acquisition aligns with Crizac’s expansion into new source markets and diversification of international student recruitment operations.
The definitive agreements were executed through Crizac Ltd (UK), a wholly owned subsidiary of the company based at Great Chapel Street, Soho, London. The acquisition involves 510 equity shares in Studies Planet.Com Limited, representing 51% of its equity share capital. The consideration will be paid in cash, in one or more tranches, as per a mutually agreed valuation between the parties. The acquisition process is expected to be completed by March 31, 2026.
As per regulatory disclosures, the acquisition does not fall within the scope of related party transactions, and none of Crizac’s promoters or group companies hold any interest in Studies Planet.Com Limited.
About Studies Planet.Com Limited (SPL)
Studies Planet.Com Limited is engaged in international student recruitment, focusing on sourcing students from Latin American markets for higher education institutions across the United Kingdom, North America, and Australia. Incorporated on September 4, 2007, the company reported a turnover of £138,613 and a net loss of £26,337 as of September 30, 2024. SPL recorded revenues of £242,758 in FY22 and £114,338 in FY23.
SPL operates primarily in the B2C segment, led by Erika Iveth Rodriguez Sanchez, and has established strong recruitment networks across Latin America. The acquisition gives Crizac access to a new geography where it previously had limited representation, expanding its student sourcing base.
About Crizac Ltd (UK)
Crizac Ltd (UK) is a wholly owned subsidiary of Crizac Limited, operating as part of the company’s global education platform. The entity manages international partnerships and recruitment solutions for universities and educational institutions in Europe and other regions.
About Crizac Limited
Crizac Limited is an education solutions company offering international student recruitment services to higher education institutions in the United Kingdom, Canada, Australia, New Zealand, and the Republic of Ireland. The company operates a proprietary technology platform that connects over 13,500 registered agents across more than 25 countries, sourcing applications from over 80 countries globally. Crizac has processed over 9 lakh student applications for more than 250 global institutions in the past three and a half years. Its services also include accommodation, education loan facilitation, and forex assistance for students.