Omers Private Equity has signed an agreement to acquire 25% stake in International Schools Partnership (“ISP” or “the Company”), a leading international group of K-12 schools from Partners Group, a leading global private markets firm.
The transaction values ISP at an enterprise value of EUR 1.9bn. Partners Group will continue to hold a majority stake in the Company.
The funds raised from ISP’s shareholder expansion will predominantly be used to continue the Company’s platform-building strategy. Given its knowledge of ISP, Partners Group will continue to lead the implementation of the value creation plan, together with the Company’s management team. During ISP’s next stage of growth, the key value creation initiatives will be the ongoing investment in learning and technology, further improvements to the physical infrastructure of schools to improve the student experience, and M&A.
On all legal activities of the transaction, Partners Group Holding’s own General Counsel Andreas Knecht (pictured) led the negotiations. On the other hand, Omers Private Equity was represented by Weil Gotshal & Manges.
Partners Group formed UK-headquartered ISP in 2013 with the intention of creating a leading international school group through a buy-and-build strategy, capitalizing on the opportunities for consolidation in the K-12 school market. ISP currently operates 50 schools across 15 countries, serving 45,000 students aged up to 18 years old.