Deal Roundup: CVC-led group sells GEMS Ecucation to Brookfield consortium, Audax seals ELM sale

A CVC-led consortium has agreed to sell a majority of its stake in GEMS Education to a consortium led by Brookfield Asset Management. GEMS Education has grown from a single school, following the 1959 arrival of the founding Varkey family to Dubai as teachers, to become the world’s largest provider of private K-12 education. In …