Founded in 1992, it was the first private Spanish university authorised by the country's parliament in 1993. Jesús Núñez created UAX after reaching an agreement with the Town Hall of
Villanueva de la Cañada, which granted him the right to use 1 million m2 of land for 75 years on which to build the campus. In 2019, UAX announced its partnership with the investment advisory firm
CVC Capital Partners to build a new international leader in the higher education sector. The five-year plan includes both organic and inorganic growth. Organic growth will be driven by expanding the current offering, growing the number of online students and strengthening its professional training.
CVC Capital Partners will become an indirect shareholder of UAX, providing the required financial resources for the business, while current shareholders will remain invested. ==Accreditation==