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New Deal


Announced

Ardian-backed AD Education to acquire the European operations of SAE International from Navitas.

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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Cross Border

Friendly

Belgium

Private Equity

Single Bidder

technical learning

Majority

Education Services

Private

Acquisition

Pending

Synopsis

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Ardian-backed AD Education, a European higher education platform, agreed to acquire the European operations of SAE International, a United States-based, globally active professional association and standards developing organization for engineering professionals in various industries, from Navitas, a private education services company. Financial terms were not disclosed. " This marks an important milestone as AD Education extends its geographical footprint, notably in the DACH region, and strengthens its position as the largest Creative Arts pure player in Europe," Ardian.

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