Announced
Completed
Synopsis
BPP Education, a provider of educational services, completed the acquisition of Estio Training, a provider of information technology apprenticeships and training services, from Palatine, a private equity company. Financial terms were not disclosed. “Estio has been an excellent investment for the Palatine Impact Fund and we are delighted to deliver such a strong result with our first exit. The objective of the Impact Fund is to deliver returns with purpose and Estio is the perfect example of this. With our support, the team have made significant progress in terms of quality and learner outcomes to make a positive difference which has now been combined with a strong financial return and exit to a like-minded, high quality training provider in BPP," James Gregson, Palatine Senior Investment Director.
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