Wendel completed the acquisition of approximately 50% of Globeducate from Providence Equity Partners with an investment of EUR625 million in equity. The transaction marks a shift from a majority ownership by Providence to a 50/50 partnership between the two investment firms. The strategic rationale is to support the group's continued double-digit annual revenue growth through organic expansion, new school developments, and a robust pipeline of international acquisitions. This partnership combines Wendel's long-term capital with Providence's deep sector expertise to further professionalize and scale the group globally.

GLOBEDUCATE, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN premium to the 10.9x average currently observed in the Retail & Consumer sector.

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