#USA #EQT #London #Education #Nord Anglia

EQT Consortium Completes Acquisition of Nord Anglia Education

In a landmark move, EQT has successfully completed its acquisition of Nord Anglia Education in a deal valued at a staggering $14.5 billion. This acquisition brings together a consortium of prominent global investors, including Neuberger Berman, CPP Investments, CF Alba, and Dubai Holding, all of whom are poised to contribute significantly to the operational and strategic growth of this leading education provider.

A Step Forward for Global Education

Nord Anglia Education, known for its commitment to delivering world-class education to students aged 2 to 18, operates over 80 schools across 33 countries. It boasts a student body of more than 90,000, with many graduates successfully gaining admission to top-tier universities around the world. This acquisition is more than just a financial transaction; it signals a pivotal moment in the evolution of private international education, positioning Nord Anglia as a premier global institution committed to academic excellence.

Central to the philosophy at Nord Anglia is its bespoke approach to education that tailors teaching methods to suit the individual learning styles of students. This strategy fosters an enriched learning environment and is likely to see further enhancement under the new investor consortium. With a deep pool of expertise and financial resources, the consortium aims to support Nord Anglia's ongoing efforts in both expansion and innovation within the education sector.

Strengthened Ownership Structure

The acquisition has not only expanded Nord Anglia's shareholder base but has also introduced significant diversity in terms of global financial asset management. The new investors include sovereign wealth funds, insurers, and family offices that span Asia, the Middle East, Europe, and North America. This rich tapestry of financial backing not only enhances Nord Anglia's stability but also opens up new avenues for growth and innovation.

EQT has been a dedicated partner of Nord Anglia since 2008, reinforcing their relationship in 2017 when CPP Investments joined the fold. Over nearly two decades, EQT has facilitated more than 21 strategic acquisitions that have expanded Nord Anglia's reach and financial performance. Under EQT's stewardship, the company has also invested in various digital initiatives, aimed not only at improving learning experiences but also at boosting operational efficiencies.

Collaborations with esteemed institutions, such as MIT, UNICEF, and IMG Academy, demonstrate Nord Anglia's commitment to elevating its educational offerings. The focus on research and innovation, alongside partnerships with prestigious educational organizations, is expected to propel Nord Anglia towards its next phase of success.

A Future Full of Promise

Jean Eric Salata, Chairperson of EQT Asia, expressed pride in the long-term partnership with Nord Anglia, emphasizing the collective commitment shared by the new consortium towards the company's mission. This acquisition heralds a new era for Nord Anglia, providing it with refined capital and strategic insights, hence paving the way for new growth opportunities in the rapidly changing global education landscape.

Jack Hennessy, a Partner at EQT Private Equity, reflected on the achievements of Nord Anglia and how their collaborative efforts with the management team have set them apart in the realm of private education. With the backing of high-caliber investors, he believes that Nord Anglia is well-positioned to thrive in the coming years.

Meanwhile, Andrew Fitzmaurice, CEO of Nord Anglia Education, has voiced enthusiasm about the potential for innovation and improvement in learning outcomes, thanks to the solid foundation and support from the newly formed investor group.

As EQT backs Nord Anglia through its BPEA Private Equity Fund VIII, this acquisition stands to not only reshape the institution's operational strategies but also to fortify its commitment to providing exceptional educational experiences for future generations. With a diverse set of investors aligned toward a shared vision of educational excellence, the stage is set for Nord Anglia to continue as a leader in global private education, breaking new grounds in academic performance and significant global impact.