Cinven to acquire Universidad Alfonso X el Sabio Group from CVC.

Cinven, a private equity firm, agreed to acquire Universidad Alfonso X el Sabio Group, a private higher education platform in Spain, from CVC, a private equity firm. Financial terms were not disclosed. “UAX is committed to delivering a world-class educational experience that prioritises student outcomes, satisfaction and engagement, within the Spanish higher education sector. We are thankful for CVC having supported UAX in its transformation into a professionalised educational platform. Its continued strategic support and engagement over the last 6 years has allowed UAX to lead the growth and innovation of the private higher education in Spain. We are delighted to have Cinven’s support to accelerate our shared strategic ambitions, expand our academic offering, and continue to place students at the heart of everything we do. Together, we look forward to driving UAX’s growth and strengthening our position as a leading university, both in Spain and internationally,” Jesús Núñez, UAX Founder.