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New Deal


Announced

Completed

IK Partners completed the acquisition of DA Languages from Foresight.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Education Services

Private Equity

Friendly

Acquisition

Majority

Private

Domestic

Completed

language services

Single Bidder

United Kingdom

Synopsis

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IK Partners, a private equity firm, completed the acquisition of DA Languages, a language services provider, from Foresight, an infrastructure and private equity investment manager. Financial terms were not disclosed. “We would like to thank the team at Foresight for their support over the past three and a half years; during which time we have grown our offering considerably to meet the critical needs of a broader range of customers. We are excited to partner with IK and benefit from their expertise and experience to further enhance our quality service and technology proposition," Matthew Taylor, DA Languages Managing Director.

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