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Funds Advised By Cvc Capital Partners Lead Consortium To Acquire Significant Minority Stake In Gems Education

by vcaonline.com posted 1year ago 169 views
Funds advised by CVC Capital Partners lead consortium to acquire significant minority stake in GEMS Education Consortium will acquire approximately 30% stake in world's largest provider of private K-12 education by revenue DUBAI, United Arab Emirates, July 10, 2019-- Funds advised by CVC Capital Partners ("CVC Funds") have led a consortium (the "CVC Consortium") which has agreed to acquire a significant minority stake in GEMS Education, the world's largest provider of private K-12 education by revenue. Upon completion of the transaction, the CVC Consortium will acquire approximately a 30% stake in the company from the existing shareholders.

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