EQT Consortium Completes $14.5 Billion Acquisition of Nord Anglia Education

Ropes & Gray has advised EQT on the successful completion of the acquisition of Nord Anglia Education, as part of a global consortium of premier institutional investors including Neuberger Berman Private Markets, Canada Pension Plan Investment Board, Corporación Financiera Alba, S.A. and Dubai Holding Investments, valuing the business at $14.5 billion. EQT is investing in Nord Anglia through its BPEA Private Equity Fund VIII. The transaction was announced in a March 20 press release.

This transaction marks a significant milestone in Nord Anglia’s evolution as a global leader in private international education.

EQT has been a dedicated partner to Nord Anglia since 2008 and further strengthened its commitment in 2017, when CPP Investments joined as an investor. Over this period, EQT has played a central role in strategic M&A, helping Nord Anglia successfully execute more than 21 acquisitions since 2017 that have significantly expanded its footprint and earnings. Additionally, EQT has worked closely with Nord Anglia to invest in digital initiatives and establish an innovative collaboration model with world-renowned institutions.

Neuberger Berman, CF Alba, Dubai Holding and other leading global investors now join EQT and CPP Investments to further strengthen Nord Anglia’s position as a sophisticated, globally integrated premium education group. With a commitment to supporting both organic growth and strategic acquisitions, the consortium ensures Nord Anglia remains well-positioned for continued innovation, expansion, and leadership in the evolving global education landscape.

The Ropes & Gray team was led by private equity partners Elizabeth Todd and Shona Ha and tax partner Andrew Howard with support from asset management partner Eve Ellis, private equity counsel, Nick Matthew, associates  Kenan Ceylan, Luke Wetmore and Padraic Daly, tax associate Charlie Voisey and trainees Declan Larkin and Callum Flanagan.