Stake Purchase • Education

Apollo Global Invests In Open Colleges Australia Pty

On December 17, 2013, Apollo Global invested in education company Open Colleges Australia Pty for 110M AUD

Investment Context
  • This is Apollo Global’s 3rd transaction in the Education sector.
  • This is Apollo Global’s largest (disclosed) transaction.
  • This is Apollo Global’s 1st transaction in Australia.

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Investment Summary

Date December 17, 2013
Target Open Colleges Australia Pty
Sector Education
Investor(s) Apollo Global
Deal Type Stake Purchase
Deal Value 110M AUD

Target Company

Open Colleges Australia Pty

Surry Hills,, Australia
Open Colleges is Australia’s private distance education provider with a strong focus on quality, innovation and student support. Open Colleges offers an extensive range of nationally recognized and government approved qualifications, spanning diverse disciplines and industries.
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Investor Overview 1

Investor

Apollo Global

Chicago, Illinois, United States

Category Company
Founded 2007
Sector Education
DESCRIPTION

Apollo Global intends to make a range of investments in the international education services sector. Apollo Global will target investments and partnerships primarily in countries outside the US with attractive demographic and economic growth characteristics.


Deal Context for Investor #
Overall 3 of 4
Sector: Education 3 of 4
Type: Stake Purchase 1 of 2
Country: Australia 1 of 1
Year: 2013 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-30 BPP

London, United Kingdom

BPP Holdings provides education and training in law, business, finance, accountancy, banking, technology and nursing both through relationships with corporates and directly to consumers across test preparation, university, apprenticeship and professional development. BPP Holdings was formed in 1976 and is based in London, United Kingdom.

Buy $607M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-20 Milpark Education

Cape Town,, South Africa

Milpark Education was one of the first private providers of higher management education in South Africa and is a provider of Higher Education and Further Education and Training qualifications.

Buy R265M

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