Cinven, a private equity investment firm, agreed to acquire INSEEC U, a European private higher education and research provider, from Apax Partners for c. €800m ($867m). Bpifrance, the French government agency, has been a minority investor in INSEEC U. since 2016 and is fully committed to continue supporting the development of the business and the private higher education sector in the years ahead. “INSEEC U. operates in a highly attractive, scalable and resilient market, with strong underlying macro trends expected to continue driving growth, particularly across Europe. The Cinven team is highly experienced at growing businesses internationally as well as executing successful buy and build strategies and we look forward to working with the team at INSEEC U. to achieve this,” Pierre Estrade, Cinven Partner.