Adviser to Galileo Global Education for the acquisition of three leading universities in Italy and Cyprus
January 2018 - Afaya Partners was retained as advisers by Galileo Global Education for the successful acquisition of a portfolio of higher education institutes from Laureate Education, Inc. in Italy and Cyprus.
The services of Afaya Partners covered the strategic, commercial, and operational due diligence of the concerned assets.
Laureate Education, Inc., the world’s largest global network of higher education institutions, has sold its operations in Italy and Cyprus for a total transaction value of Euro 225 million to Galileo Global Education, owned by Providence Equity Partners – one of the world’s largest private equity firms and a leading global investor.
About Galileo Global Education
Galileo Global Education is a leading European private post-secondary education group focused on providing students with increased access to higher education in the fields of art, creativity, design, digital, communication and management. With 60,000 students, the group currently operates in eight countries: France, Italy, UK, and Germany, as well as Mexico, China, India and Senegal. Galileo institutions combine academic preparation with practical applications to provide career-oriented programmes in the constantly evolving world of higher education.
Read the official press release: www.globalnewswire.com
For more information:
Galileo Global Education: www.galileoglobaleducation.com
Providence Equity Partners: www.provequity.com
Nuova Accademia di Belle Arti (NABA): www.naba.it
Domus Academy: www.domusacademy.com
European University Cyprus: www.euc.ac.cy
Laureate Education, Inc.: www.laureate.net