Announced
Financials
Tags
Majority
Domestic
Private Equity
Acquisition
France
universities operation
colleges operation
Education Services
Private
Single Bidder
Pending
Friendly
Synopsis
Five Arrows Principal, a European corporate private equity business, agreed to acquire a stake in Groupe EDH, a firm engaged in the private higher education sector in France, from Quilvest Capital, a global independent wealth manager, and IK Partners, a European private equity firm. Financial terms were not disclosed. “Quilvest and IK have been valuable in accelerating our growth over the past few years. Most notably, they have helped us reinforce our positioning as a leading provider of higher education. We thank them for their support as it has allowed the Group to expand both geographically and in terms of academic offerings allowing us to serve a growing number of students. With continued enthusiasm and ambition, we look forward to partnering with FAPI’s team for the years ahead," Amin Khiari, GEDH CEO.
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