According to EducationInvestor, private equity firms including Investcorp, Carlyle and Providence Private Equity are all looking to bid in the auction run by corporate finance group Lincoln International.
Sovereign backed the £34m MBO of World Class Learning in 2008.
The company operates nine international schools and with contracts to manage the learning in a further nine. Following Sovereign’s investment student numbers have more than doubled, International College Spain has been acquired, new greenfield sites have been established, and almost £20m has been invested in the buildings and infrastructure.
Copyright © 2013 AltAssets