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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 3b - 100b EUR

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 in 2022, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the Retail & Consumer sector (10.9x).

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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

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2022
2021

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REFERENCES

Valuation range: EV 3b - 100b EUR

Revenue range: 1b - 3b EUR

EBITDA range: 450M - 900M EUR

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)