GENERAL EFFICIENCY OF INVESTMENTS IN MERGERS AND ACQUISITIONS OF PRIVATE TRADE CAPITAL EDUCATIONAL GROUPS

Resumo

This study analyzes the efficiency of investments in mergers and acquisitions in the private education sector of Brazil, focusing on higher education institutions, exploring the growth of demand and sector consolidation through acquisitions and mergers of institutions. The results using Data Envelopment Analysis indicate that success is not necessarily related to the volume of investments in mergers and acquisitions. Thus, it is concluded that a strategic approach is crucial to improve the efficiency and quality of education, but the market order of M&A does not guarantee the organizational success of the Higher Education Institutions (HEIs).