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02/2019

STUDY GROUP acquired by ARDIAN

UNITED KINGDOM Education / Education Providers REV 250M - 500M GBP

Context

Ardian acquired a majority stake in Study Group from Providence Equity Partners using capital from its EUR4.5bn LBO Fund VI. The investment rationale is based on the strength of the company's long-term university network and the increasing demand for global student mobility. Ardian intends to support management in an aggressive build-up strategy to expand Study Group's global footprint and service offering.

STUDY GROUP, which reported an EBITDA margin of in 2019, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Retail & Consumer sector (10.9x).

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Target

Established in 1990, Study Group is a leading global provider of international education. It prepares international students for entry into English-speaking universities across the UK, Europe, Australia, New Zealand, and North America, focusing on academic, language, and learning skills through long-term university partnerships.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (GBP)

Year
Rev
EBITDA
EBIT
2019
2018

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REFERENCES

Revenue range: 250M - 500M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of STUDY GROUP by ARDIAN 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

Acquirer: ardian