Amsterdam-listed private equity group CVC has agreed to acquire a 20% stake in International Schools Partnership (ISP), valuing the education group at around €7 billion ($8.2 billion), according to a source familiar with the transaction. ISP will remain majority-owned by Swiss private equity firm Partners Group.
Founded in 2013, ISP operates more than 110,000 students across 111 schools in 25 countries. The company has expanded into Europe, the Middle East, Asia, and the Americas, positioning itself as one of the largest global providers of private K-12 education.
Partners Group and CVC said they intend to expand ISP further by acquiring additional schools and investing in new technologies aimed at enhancing teaching quality. Following the announcement, CVC’s shares rose roughly 2% in early trading.
Source: Reuters
