Laureate later an annual "terse of Canary wine." To Pye an allowance of £27 was made instead of the wine. Tennyson drew £72 a year from the Lord Chamberlain's department, and £27 from the Lord Steward's in lieu of the "butt of sack." Laureate In English, the word laureate has come to signify eminence or association with literary awards or military glory. It is also used for winners of the Nobel Prize, Gandhi Peace Award and the Student Peace Prize. In ancient Greece, the laurel ("Laurus nobilis") was sacred to Apollo and as such sprigs of it were fashioned into a
Laureate International Universities units, as well as the Sylvan name and trademark, to a new company, Educate, Inc., formed by Apollo Management. In 2004, Sylvan changed its name to Laureate Education, Inc, to reflect the change in focus. In 2007, the company was acquired by an investor group led by Douglas Becker and Citigroup Private Equity. Between 2007 and 2015, Laureate made 41 acquisitions with a total purchase price of about $2.0 billion. According to Laureate, a key to the company's growth was its expansion into Brazil, where Laureate owned 13 institutions with a total enrollment of about 281,000 students. By 2010, the