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10/2024

GLOBEDUCATE acquired by WENDEL

SPAIN Education / Education Providers EV 1b - 4b EUR

Context

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 to the average currently observed in the Retail & Consumer sector (11.3x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Founded in 1972 in Spain, Globeducate is one of the world's leading international K-12 education groups. It operates a network of 67 premium bilingual and international schools, along with online programs, across 11 countries (primarily in Europe). The group educates over 40,000 students and employs more than 6,000 people, including 4,000 highly qualified teachers. Its schools are known for high academic standards, with students frequently gaining admission to 50 of the world's top 100 universities. The group emphasizes a "global citizen" curriculum, combining innovative educational experiences with first-class pastoral care.

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Historical Financials (EUR)

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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 GLOBEDUCATE by WENDEL are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: globeducate

Acquirer: wendel