CPP Investments- and Montagu-led Consortium to Acquire Galileo Global Education from Providence Equity

Millpond Equity Partners and Hamilton Lane Invest in Galileo Education

February 7, 2024

Education

Millpond Equity Partners, with financing from an affiliate of Hamilton Lane Impact Investments, made a growth investment in Galileo Education, a Franklin, Tennessee-based provider of personalized K–12 and special-needs schooling. Proceeds will be used to expand Galileo’s portfolio of local school brands across Tennessee, North Carolina, and Florida and to fund future acquisitions to build the platform.

Galileo Global Education Acquires AKAD University from AURELIUS

March 1, 2022

Education

Galileo Global Education has acquired AKAD University, a German private distance-learning university headquartered in Stuttgart, from AURELIUS Equity Opportunities for more than EUR 45 million. The acquisition expands Galileo's footprint in Europe and strengthens its distance- and digital-learning offerings for working professionals.

Wendel Acquires ~50% Stake in Globeducate from Providence

July 1, 2024

Education

Wendel has agreed to acquire part of Providence Equity Partners' stake in Globeducate, creating a roughly equal ownership split with Providence (each owning ~50%). The transaction (announced July 1, 2024) is a minority stake transfer / recapitalization to support Globeducate's continued international K‑12 expansion, including new school development and selective acquisitions, and is expected to close in H2 2024 subject to customary approvals.

Ontario Teachers' Acquires Co-Control Stake in GPA Global

September 19, 2022

Packaging

Ontario Teachers' Pension Plan Board has acquired a co-control stake in GPA Global from EQT Private Equity and other minority shareholders; GPA founders Tom Wang and Adam Melton rolled equity and will continue to lead the company. GPA Global is a full-service premium packaging provider with manufacturing and offices across Asia, North America and Europe; the transaction is intended to support GPA's next stage of growth and global expansion (terms not disclosed).

Renaissance (Blackstone / Francisco Partners) Acquires GL Education from Levine Leichtman Capital Partners

February 21, 2023

Education

Levine Leichtman Capital Partners has agreed to sell its portfolio company GL Education (GL Assessment), a London-based provider of formative assessments, to Renaissance — a portfolio company owned by Blackstone Group and Francisco Partners. The deal, intended to further position Renaissance as a global education leader and expand its assessment capabilities, is expected to close by the end of Q1 2023; financial terms were not disclosed.

Providence Equity Partners Majority Investment in Accelerate Learning

February 21, 2023

Education

Providence Equity Partners has made a majority investment in Accelerate Learning, a Houston-based provider of K-12 STEM curriculum and digital learning platforms. Existing investors including funds managed by Carlyle, Quad Partners, Rice University and Owl Ventures will retain minority stakes; financial terms were not disclosed. The investment is intended to help Accelerate Learning scale growth, deepen customer relationships and pursue organic and inorganic expansion opportunities.