Apax Partners Acquires Cadence Education from Morgan Stanley Capital Partners

February 13, 2020

Funds advised by Apax Partners have agreed to acquire Cadence Education, a US-based operator of more than 225 private preschools across 40+ brands, from funds managed by Morgan Stanley Capital Partners for an undisclosed sum. Apax said it will support Cadence's management team to continue growth through strategic acquisitions and expansion of operational capabilities; the transaction was expected to close in March 2020.

Targets
Cadence Education
Sellers
Funds advised by Morgan Stanley Capital Partners
Industry
Education
Location
Arizona, United States
Transaction Type
Buyout

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