STUDY GROUP acquired by ARDIAN
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 [members only] in 2019, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Retail & Consumer sector (11.9x).
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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
£250–500M
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (GBP)
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REFERENCES
Revenue range: £250–500M
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