Dubai Holding joined a consortium of investors to acquire education giant Nord Anglia in a deal that values the firm at $14.5bn.
This transaction marks a significant milestone in Nord Anglia’s evolution as a global leader in private international education. Operating more than 80 schools in 33 countries, Nord Anglia educates more than 90,000 students from ages 2 to 18.
The consortium of investors includes Dubai Holding Investments, EQT, Neuberger Berman Private Markets, Canada Pension Plan Investment Board and Corporación Financiera Alba.
Dubai Holding consortium acquires Nord Anglia Education
Alongside EQT, Neuberger Berman Private Markets, CPP Investments, CF Alba and Dubai Holding, the completion of Nord Anglia’s acquisition also introduces a distinguished group of global financial asset managers or institutions which significantly broadens and strengthens the Company’s ownership structure.
The investors include sovereign wealth funds, insurers, and family offices across Asia, the Middle East, Europe, and North America
Nord Anglia Education operates four schools in the UAE:
- Nord Anglia International Schools, Dubai
- Nord Anglia International Schools, Abu Dhabi
- British International school, Abu Dhabi
- Swiss International Scientific School, Dubai
Andrew Fitzmaurice, Chief Executive Officer of Nord Anglia Education, added, “We are delighted to partner with some of the world’s most respected investors, who share our commitment to educational excellence.
“EQT has been an exceptional partner over the years, helping to strengthen our academic programs, invest in research and innovation, and expand our family of schools globally. With the support of our investor group, we are excited about the future and the opportunities this will create to further improve students’ outcomes.”