Millpond Equity Partners and Hamilton Lane Invest in Galileo Education

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

March 6, 2020

Education

A consortium led by CPP Investments and Montagu, together with existing shareholders Téthys Invest and Bpifrance, has agreed to acquire Galileo Global Education from Providence Equity Partners. The deal transfers majority ownership to long‑term institutional investors to support Galileo’s continued international expansion and development of its higher‑education offerings.

EQT Invests in Compass Education to Accelerate Product and International Growth

August 21, 2024

Education

EQT (via its BPEA EQT Mid‑Market Growth Partnership / MMG Fund) has agreed to invest in Compass, a Melbourne‑headquartered K‑12 school management SaaS provider, to support product development, innovation, hiring and international expansion. As part of the transaction Advent Partners will exit its investment and Compass founder John de la Motte remains a significant shareholder; the deal is subject to customary regulatory approvals.

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.

Millpond Equity Partners Invests in Financial Aid Services LLC

June 2, 2021

Education

Millpond Equity Partners, a Boca Raton-based private equity firm, has made an investment in Financial Aid Services LLC (FAS), an Atlanta-headquartered provider of outsourced financial aid and bursar office services to not-for-profit colleges and universities. The transaction will support FAS’s capacity and capability expansion while founders David and Gay Gray continue to lead the company; financing was provided by First Merchants Bank and Oxer Capital.

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.

Millpond Equity Partners and Wasena Capital Management Acquire Paxton/Patterson

April 20, 2022

Education

Millpond Equity Partners and Wasena Capital Management have acquired Paxton/Patterson LLC, an Alsip, Illinois-based provider of career and technical education curriculum, equipment, lab design and educator training. Terms were not disclosed; Prairie Capital Advisors acted as exclusive financial advisor to Paxton/Patterson and its shareholders. The deal positions Paxton/Patterson for growth as the buyers aim to expand capabilities and scale the company's CTE offerings nationwide.