Baring Asia-owned Nord Anglia completes WCL bolt-on
Nord Anglia Education, an international schools operator owned by Baring Private Equity Asia, has completed the bolt-on acquisition of WCL Group for $222 million. The deal strengthens Nord Anglia’s presence in North America and the Middle East, taking its footprint to 25 schools in 11 countries.
The selling parties, Sovereign Capital Partners and WCL management, will receive approximately $237 million, implying an enterprise value of $222 million. Sovereign acquired a controlling interest in WCL...
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