Funds advised by CVC Capital Partners completed the acquisition of a 30% stake in GEMS Education, the world's largest provider of private K-12 education by revenue, from Blackstone Group-led consortium. Financial terms were not disclosed. "We are excited to embark on our partnership with GEMS Education, the world's leading education provider by revenue. GEMS is a perfect fit for our Strategic Opportunities strategy which is ideally positioned to support value creation in long term partnership investments. We look forward to supporting GEMS to deliver their vision of expanding their footprint," Jan Reinier Voûte, CVC Partner.