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New Deal


Announced

Ardian-backed AD Education to acquire Oktogone Group.

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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France

Domestic

Private

Private Equity

Friendly

Majority

digital education

Pending

Education Services

Acquisition

training courses

Single Bidder

Synopsis

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Ardian-backed AD Education, a European higher education platform, agreed to acquire Oktogone Group, one of the key players in training and employment in the digital age. Financial terms were not disclosed. ”We are thrilled to welcome Oktogone within AD Education. We share common values and the same entrepreneurial DNA. Our complementary offerings and expertise will position the Group as a leader the fast-growing higher education market. We look forward to working with Oktogone and accelerating the group's digitalization, in France and internationally, notably thanks to their high-quality team and platform," Kevin Guenegan, AD Education Group Chairman.

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