A representative of a company previously named New Horizons Learning Centres Holdings, and now involved with an organisation trading as NextTech Institute of Learning, confirmed it had a franchisee relationship with a company with the same name as the liquidated entities. 

However, it is understood that the new company is not linked to any organisation referenced in DDLS’ email, specifically “New Horizons Australia”.

It can be confirmed, however, that the franchise agreements between the New Horizons (Global) Master Franchisor and the New Horizons Learning Centres unit franchises in Sydney, melbourne and Brisbane have come to an end.

It can also be confirmed that the company previously known as New Horizons Learning Centres Holdings Pty Ltd has been renamed NextTech Institute of Learning Pty Lt.

It is understood that when the local New Horizons franchise with the franchisor came to an end, assets of the franchisee were sold to NextTech, which has also taken over the staff and entitlements of the franchisee.

As such, ARN understands that the New Horizons Institute Of Australia subsequently changed its name to the NextTech institute of Australia, which continues to trade.