Announced
Financials
Sources
Tags
Acquisition
Majority
Private Equity
Australia
education services
Private
Education Services
Pending
Synopsis
Ardian, a world-leading private investment house, acquired a majority stake in Study Group, the leading provider of international education in the UK and Europe, Australia, New Zealand and North America, from Providence Equity Partners, a premier global asset management firm. Financial terms were not disclosed. David Leigh, the Chairman of Study Group, commented: “It has been a great privilege to lead the excellent team at Study Group over the past six years. Led by CEO Emma Lancaster, the organisation is poised to continue its strong growth under new ownership, providing excellent outcomes for students via close partnerships with many of the world’s best universities.”
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