M&A Deal Summary

Apax Partners sas Acquires Career Education - European Operations

On December 5, 2013, private equity firm Apax Partners sas acquired education company Career Education - European Operations from Perdoceo Education for 305M USD

Acquisition Highlights
  • This is Apax Partners sas’ 1st transaction in the Education sector.
  • This is Apax Partners sas’ largest (disclosed) transaction.
  • This is Apax Partners sas’ 3rd transaction in France.

M&A Deal Summary
Date 2013-12-05
Target Career Education - European Operations
Sector Education
Buyer(s) Apax Partners sas
Sellers(s) Perdoceo Education
Deal Type Divestiture
Deal Value 305M USD

Target

Career Education - European Operations

Paris, France
The European Operations of Career Education include Paris-based INSEEC Group and the International University of Monaco. Career Education Corporation- European Operations is based in Paris, France.

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Buyer(S) 1

Buyer

Apax Partners sas

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1972
PE ASSETS 4.8B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

DEAL STATS #
Overall 4 of 26
Sector (Education) 1 of 2
Type (Divestiture) 1 of 5
Country (France) 3 of 18
Year (2013) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-22 Europe Snacks

Saint-Denis-la-Chevass, France

Europe Snacks provides private label salted snacks in France, but also operates in the entry price and hard discount sectors. The snack categories that the company currently focuses on include stapled chips and extruded products. Europe Snacks operates in an industry benefiting from substantial volume growth and exhibiting significant potential for further penetration of private label products. Snacks International is recognised by major retailers for its wide range of products, flexibility and excellent levels of service. Europe Snacks was founded in 1991 and is based in Saint-Denis-la-Chevass, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-23 InfoVista

Massy, France

InfoVista is a provider of network performance orchestration solutions that enable efficient network and IT transformations in today’s fast-paced digital world. Company award-winning solutions empower communications service providers and large enterprises to ensure a high-quality user experience by guaranteeing business-critical application performance and achieving optimal network performance. InfoVista’s expertise and innovations provide more than 1,500 global customers with a new level of actionable application and network intelligence, visibility and control across all services, all technologies, and all domains of both the fixed and mobile networks. InfoVista is based in Massy, France.

Buy -

Seller(S) 1

SELLER

Perdoceo Education

Schaumburg, Illinois, United States

website

Category Company
Founded 1994
Sector Education
Employees2,040
Revenue 693M USD (2021)
DESCRIPTION

Perdoceo Education is an education company that offers schooling to a diverse student population across the world in a variety of career-oriented disciplines through online, on-ground and hybrid learning program offerings. Perdoceo Education Corporation was founded in 1994 and is headquartered in Schaumburg, Illinois.

DEAL STATS #
Overall 2 of 2
Sector (Education) 2 of 2
Type (Divestiture) 2 of 2
Country (France) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-14 Istituto Marangoni

London, United Kingdom

Istituto Marangoni Ltd. offers diploma and certificate programs in fashion design and other related fields such as fashion styling, fashion business, fashion promotion, furniture design, product design, interior design and graphic design.

Sell -
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