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Announced

KKR-backed Master D to acquire MEDAC for €200m.

Synopsis

KKR-backed Master D, a provider of training and preparation courses, agreed to acquire MEDAC, a provider of web-based growth, official professional training, administration and finance, for €200m. The combination of MasterD and Medac will result in a leading company in the Spanish education sector. Medac’s founder and its current CEO will each roll over their investments and remain minority investors of the resulting group.

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Market Context

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