Ardian completed the acquisition of a majority stake in AD Education from Cathay Capital Private Equity and Bpifrance for $742m.

Ardian, a private equity firm, completed the acquisition of a majority stake in AD Education, a service platform dedicated to higher education institutions specialized in creative training, from Cathay Capital Private Equity and Bpifrance for $742m. "We are delighted with this ambitious partnership with Kevin Guenegan and his management team, which also allows us to invest in a growth project in education, an attractive investment sector with a real social and societal impact.” Philippe Poletti, Ardian Chairman.