GALILEO GLOBAL EDUCATION acquired by TETHYS INVEST, CPPIB (CANADA PENSION PLAN INVESTMENT BOARD) & MONTAGU PRIVATE EQUITY
Context
Tethys Invest and CPPIB acquired joint control of Galileo Global Education from the US fund Providence Equity. Tethys, already a minority shareholder, increased its stake from 25% to approximately 37%, reaching parity with new entrant CPPIB (~37%). Montagu Private Equity joined the consortium with a ~17% stake, while Bpifrance retained a minority position (<10%). The transaction followed a competitive process involving major global PE firms (KKR, BlackRock) but was ultimately awarded to this consortium of long-term investors, aligning with management's vision for sustainable growth.
It is worth noting that the fund Tethys Invest took control of Galileo Global Education through an LBO in 2018.
GALILEO GLOBAL EDUCATION, which reported an EBITDA margin of in 2019, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (11.2x).
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Target
Galileo Global Education is a world leader in private higher education. It operates a network of 42 schools (including Paris School of Business, Cours Florent, Strate, Atelier de Sèvres) across 15 countries. The group serves 100,000 students, offering courses ranging from Digital and Design to Art and Management.
Ent. Value
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Historical Financials (EUR)
Other operations with GALILEO GLOBAL EDUCATION
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 09/2022 | GALILEO GLOBAL EDUCATION | EMLYON | FRANCE | Education Providers |
| 04/2018 | TETHYS INVEST | GALILEO GLOBAL EDUCATION | FRANCE | Education Providers |
REFERENCES
Valuation range: EV 1b - 4b EUR
Revenue range: 250M - 500M EUR
EBITDA range: 100M - 200M EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GALILEO GLOBAL EDUCATION by TETHYS INVEST / CPPIB (CANADA PENSION PLAN INVESTMENT BOARD) / MONTAGU PRIVATE EQUITY are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: galileo global education
Acquirer: montagu private equity / cppib (canada pension plan investment board) / tethys invest