EF Education First and investment firm Permira announced that a company backed by the Permira Funds has agreed to invest in a majority stake in the EF Kids & Teens business headquartered in Switzerland with schools in China and Indonesia. EF will retain a significant ownership in the Kids & Teens business and remains deeply invested in its continued success.
EF was advised by Homburger in this transaction. The team was led by partner Dieter Gericke (Corporate/ M&A – pictured) and included partners Gregor Bühler (IP/IT), Richard Stäuber (Competition/ Regulatory), Stefan Oesterhelt (Tax), associates Guy Deillon (Corporate/M&A), Valentin Fluor (IP/IT), Laetitia Fracheboud (Tax), Allegra Arnold (Competition/Regulatory) as well as junior associates Therry Lehmann and Cédric Berger (both Corporate/M&A).
As previously reported by Legalcommunity.ch, also Davis Polk advised EF Education First in connection with the proposed investment by Permira Funds in EF Kids & Teens.