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Announced

Completed

Groupe EDH completed the acquisition of Brassart.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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France

Completed

Acquisition

Single Bidder

education services

Friendly

Majority

Education Services

Private

Synopsis

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Groupe EDH, a French higher education provider, completed the acquisition of Brassart, a digital education provider. Financial terms were not disclosed. "We are very pleased with this strategic alliance with the ARIES Group, with which we have been working for several years, and with the integration into the EDH Group, a key player in higher education in France. New perspectives are opening up to us both in terms of teaching and geographical development in France and internationally. We are very confident in the success of this merger, the synergies of which are numerous and exciting," Michel Kubler, Brassart Chairman.

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