Announced
Financials
Tags
India
Single Bidder
Friendly
Cross Border
Private Equity
Acquisition
Pending
Majority
Private
online learning
Education Services
Synopsis
Blackstone agreed to acquire a majority stake in Simplilearn, an online learning boot camp based in India for £182m. "We believe Blackstone can add significant value to our company because of their scale, commitment to building businesses, and global network, which will enable us to develop partnerships with businesses and universities as Simplilearn continues to expand around the world," Krishna Kumar, Simplilearn Founder & CEO.
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