Student Universe Got Flight Centre Deal After Conducting Strategic Review


Skift Take

As with many mergers, the jury is out on how Student Universe will fare within the Flight Centre umbrella. Will Student Universe, which was looking for a spark, now truly be able to grow with expanded resources or will broader corporate priorities overtake it?

Flight Centre's $28 million acquisition of Student Universe has officially closed and caps a more-than-year-long process in which the student travel site was mulling strategic alternatives. "We've never had the bandwidth to expand geographically as we want to," says Student Universe CEO Atle Skalleberg, adding that the company will now be able to leverage Flight Centre's commercial contracts and supply network to spur exp