Nord Anglia Education acquired in $14.5bn deal
EQT, one of the investors, announced the successful completion of the deal on March 20, valuing the company at USD $14.5 billion.
This follows the initial acquisition announcement made in October 2024, which noted that global institutional investors would diversify Nord Anglia’s shareholder base and support its long-term growth and stability.
Across its schools, Nord Anglia educates more than 90,000 students from ages two to 18, and prides itself on its personalised learning approach.
Other investors include Neuberger Berman Private Markets, Canada Pension Plan Investment Board (CPP Investments), Corporación Financiera Alba, S.A. (CF Alba) and Dubai Holding Investments (Dubai Holding).
Andrew Fitzmaurice, chief executive officer of Nord Anglia Education, said the operator – known for its partnerships with top institutions like MIT and Juilliard – is “delighted to partner with some of the world’s most respected investors, who share our commitment to educational excellence”.
“EQT has been an exceptional partner over the years, helping to strengthen our academic programs, invest in research and innovation, and expand our family of schools globally. With the support of our investor group, we are excited about the future and the opportunities this will create to further improve students’ outcomes,” he continued.
With the support of our investor group, we are excited about the future and the opportunities this will create to further improve students’ outcomes
Andrew Fitzmaurice, Nord Anglia Education
EQT has been described as a “dedicated partner” to Nord Anglia since 2008 and further strengthened its commitment in 2017, when CPP Investments joined as an investor.
Over this period, EQT has played a central role in strategic M&A, helping Nord Anglia successfully execute more than 21 acquisitions since 2017 that have significantly expanded its footprint and earnings.
Recent developments in 2024 saw Escola Móbile become the third school in Brazil, alongside The British College of Brazil and Avenues São Paulo, to join the group’s impressive global portfolio.
The completion of Nord Anglia’s acquisition also introduces a distinguished group of global financial asset managers or institutions, which significantly broadens and strengthens the company’s ownership structure, a statement from EQT explained.
This group includes sovereign wealth funds, insurers, and family offices across Asia, the Middle East, Europe, and North America, which the group said “not only enhances Nord Anglia’s long-term stability as a private company but also brings new strategic perspectives, resources, and capital to drive its continued growth”.
Jean Eric Salata, chairperson of EQT Asia and Head of Private Capital Asia, commented: “The strength and diversity of this expanded shareholder base will reinforce the company’s long-term stability, provide additional strategic capital, and unlock new opportunities for innovation. We look forward to this next chapter and to seeing Nord Anglia continue to set new benchmarks in academic excellence and global impact.”
Jack Hennessy, partner at EQT Private Equity, described Nord Anglia as an “outstanding institution that has set new standards for excellence in global private education”.
“For more than 16 years, we’ve worked closely with the company’s exceptional management team to expand its reach and elevate its academic offering,” said Hennessy.
“With the completion of this transaction, we are excited to continue this journey with Neuberger Berman, CPP Investments, CF Alba, Dubai Holding and a world-class group of long-term institutional investors, ensuring Nord Anglia is well-positioned for its next stage of growth.”
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