M&A Deal Summary

Bright Scholar Education Holdings Acquires Wuhan Sannew Education Development Co.

On April 4, 2019, Bright Scholar Education Holdings acquired education company Wuhan Sannew Education Development Co.

Acquisition Highlights
  • This is Bright Scholar Education Holdings’ 2nd transaction in the Education sector.
  • This is Bright Scholar Education Holdings’ 1st transaction in China.

M&A Deal Summary

Date 2019-04-04
Target Wuhan Sannew Education Development Co.
Sector Education
Buyer(s) Bright Scholar Education Holdings
Deal Type Add-on Acquisition

Target

Wuhan Sannew Education Development Co.

Wuhan, China
Wuhan Sannew Education Development Co. Ltd. is a private boarding school. Sannew School offers secondary education services for grade 7-12 and also introduces a full set of American education curricula. Wuhan Sannew Education Development Co. Ltd. was founded in 2015 and is based in Wuhan, China.

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Buyer(S) 1

Buyer

Bright Scholar Education Holdings

Foshan, China

Category Company
Founded 1994
Sector Education
Employees3,946
Revenue 2.1B CNY (2023)
DESCRIPTION

Bright Scholar is an operator of international and bilingual K-12 schools. Bright Scholar Education Holdings was founded in 1994 and is based in Foshan, China.


DEAL STATS #
Overall 2 of 5
Sector: Education M&A 2 of 4
Type: Add-on Acquisition M&A Deals 2 of 4
Country: China M&A 1 of 3
Year: 2019 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-02 Bournemouth Collegiate School

Dorset, United Kingdom

Bournemouth Collegiate School is an established independent school located in Bournemouth, Dorset, England. It offers day and boarding education from age 2-18 on two campuses. It has a strong global inclusive philosophy based on a traditional UK education. The school currently caters to approximately 600 students, including local students and international boarders from more than a dozen countries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-09 CATS Colleges Holdings

Beijing, China

CATS Colleges Holdings Limited is an international school network focused primarily on the provision of quality education services to international students with a globally integrated platform of campuses located across the United Kingdom, the United States, Canada, and China. CATS Colleges comprises seven campuses in Cambridge, London, Canterbury, Shanghai and Boston, an art school in Cambridge as well as 10 international languages schools in the United Kingdom, the United States, and Canada. CATS Colleges has a diverse mix of over 2000 students from around 80 nationalities.

Buy £150M