What was the EV/EBITDA of NORD ANGLIA EDUCATION when it was acquired by NEUBERGER BERMAN PRIVATE MARKETS / EQT PARTNERS / CPPIB (CANADA PENSION PLAN INVESTMENT BOARD)?

The estimated EV/EBITDA multiple for NORD ANGLIA EDUCATION is in the range of Above 20x.

What was the EV/Revenue multiple of NORD ANGLIA EDUCATION when it was acquired by NEUBERGER BERMAN PRIVATE MARKETS / EQT PARTNERS / CPPIB (CANADA PENSION PLAN INVESTMENT BOARD)?

The estimated EV/Revenue multiple for NORD ANGLIA EDUCATION is in the range of Above 6x.

What was the revenue of NORD ANGLIA EDUCATION at the time of the deal?

The revenue of NORD ANGLIA EDUCATION at the time of the deal is estimated to be in the range of €1–10bn.

What was the EBITDA of NORD ANGLIA EDUCATION during the acquisition?

NORD ANGLIA EDUCATION's EBITDA is estimated to be in the range of €450–900M.

How is the data for the NORD ANGLIA EDUCATION acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the NORD ANGLIA EDUCATION deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://eqtgroup.com/news/neuberger-berman-private-markets-eqt-and-cpp-investments-form-consortium-to-acquire-leading-international-schools-organization-nord-anglia-education-2024-10-21

What is the average EV/EBITDA multiple for the Retail & Consumer sector in 2026?

The average EV/EBITDA multiple for the Retail & Consumer sector in 2026 is 11.9x.

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Home Database Retail & ConsumerNORD ANGLIA EDUCATION

10/2024

NORD ANGLIA EDUCATION acquired by NEUBERGER BERMAN PRIVATE MARKETS, EQT PARTNERS & CPPIB (CANADA PENSION PLAN INVESTMENT BOARD)

UNITED KINGDOM Education / Education Providers EV €10–25bn

Context

A consortium led by Neuberger Berman Private Markets, alongside existing shareholders EQT and CPP Investments, signed a definitive agreement to acquire Nord Anglia Education. The transaction values the company at an enterprise value of $14.5 billion, making it one of the largest deals in the history of the private education sector. The strategic rationale is to strengthen the company's mission of delivering world-class education while accelerating research into new teaching practices and curricula innovation. The new ownership structure provides long-term stability and capital for further international school acquisitions and digital learning platform enhancements.

NORD ANGLIA EDUCATION, which reported an EBITDA margin of [members only] in 2022, is valued in this transaction at an EV/EBITDA multiple of Above 20x, a level significantly higher than the average currently observed in the Retail & Consumer sector (11.9x).

-> Deep-dive in Retail & Consumer market trends

Target

Nord Anglia Education is a world-leading international schools organization. It operates more than 80 premium schools across 33 countries, providing education to over 85,000 students aged 2 to 18. The company is renowned for its personalized learning philosophy and high academic standards, with graduates frequently attending the world's top 100 universities. A key differentiator is its exclusive global partnerships with prestigious institutions such as MIT, Juilliard, UNICEF, and IMG Academy, which enrich its curriculum and student experiences.

Ent. Value

€10–25bn

Equity Value

[members only]

Multiples

EV / Revenue

Above 6x

EV / EBITDA

Above 20x

EV / EBIT

[members only]

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2022

2021

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10/2024	WENDEL	GLOBEDUCATE	SPAIN	Education Providers
06/2024	AD EDUCATION	POLE LEONARD DE VINCI	FRANCE	Education Providers
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03/2024	MANUTAN	FINDEL	UNITED KINGDOM	Educational Equipment
11/2022	ARKEA CAPITAL / BNP PARIBAS DEVELOPPEMENT / IRD INVEST	MEDIASCIENCE	FRANCE	Educational Equipment
09/2022	GALILEO GLOBAL EDUCATION	EMLYON	FRANCE	Education Providers
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REFERENCES

Valuation range: EV €10–25bn

Revenue range: €1–10bn

EBITDA range: €450–900M

EV/Revenue range: Above 6x

EV/EBITDA range: Above 20x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of NORD ANGLIA EDUCATION by NEUBERGER BERMAN PRIVATE MARKETS / EQT PARTNERS / CPPIB (CANADA PENSION PLAN INVESTMENT BOARD) 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.

Press release: view release

Target: nord anglia education

Acquirer: eqt partners / neuberger berman private markets / cppib (canada pension plan investment board)