ADvTECH Ltd. (JSE:ADH) signed an agreement to acquire Summit College from Summit Trust for ZAR 82 million on September 14, 2015. The purchase will be settled in part through contributions to a scholarship fund to be administered in collaboration by the Summit College Trust and ADvTECH. Post the acquisition, ADvTECH's will retain the school's name. Transaction, that is subject to due diligence and regulatory approvals, is expected to be completed in January 2016.

ADvTECH Ltd. (JSE:ADH) completed the acquisition of Summit College from Summit Trust on January 1, 2016.