UK group points to strong post-pandemic demand
A US private equity company is taking a €1bn stake in an operator of schools around the world, as investors eye rising global demand for private education bouncing back from disruption caused by coronavirus.
Stonepeak, a $46bn investment firm focused on transport and communications infrastructure, will acquire a minority shareholding in Inspired Education, a UK-based company that runs more than 70 fee-paying kindergarten, primary and secondary schools across five continents.
Alongside Nsouli and other company executives, Inspired’s shareholders include GIC, Singapore’s sovereign wealth fund, as well as TA Associates, Warburg Pincus and the Oppenheimer and Mansour family offices.
Read more: FT
