Sale to Levine Leichtman Capital Partners

Technology & Services
Sale to Levine Leichtman Capital Partners

Summary

Baird served as the exclusive financial advisor to GL Education on this transaction.

About

GL Education (“GL Education” or the “Company”), a portfolio company of the Investcorp Group (“Investcorp”), was recently acquired by Levine Leichtman Capital Partners (“LLCP”). Terms of the transaction were not disclosed.

GL Education, founded in 1981, is a leading provider of educational assessments globally. The Company’s integrated suite of assessments is used to measure children’s ability, track their progress in key subjects, and diagnose underlying factors affecting learning. GL Education’s tests are used by more than three million pupils every year in British, bilingual and international schools, as well as by education ministries, providing valuable insights to students, schools and global education systems alike. The Company is headquartered in London, the United Kingdom.

Investcorp is a leading provider and manager of alternative investment products, serving high-net-worth private and institutional clients. Investcorp has three business areas: corporate investment, real estate investment and global hedge funds. As at December 31, 2015, the Investcorp Group had $10.7 billion in total assets under management.

LLCP is a private investment firm that has managed approximately $7.5 billion of institutional capital since its inception. LLCP invests in middle market companies located in the United States and Europe. LLCP is currently making new investments through Levine Leichtman Capital Partners V, L.P., LLCP Lower Middle Market Fund, L.P., Levine Leichtman Capital Partners Private Capital Solutions, L.P., Levine Leichtman Capital Partners Europe, L.P. and LLCP Co-Investment Fund, L.P. LLCP is headquartered in Los Angeles, California, with offices in New York, Dallas, Chicago, London and The Hague.

For additional information about this transaction, please contact:

David Silver +44 (207) 667-8216
Martin Luen +44 (207) 667-8381
Vinay Ghai +44 (207) 667-8225
Andrew Snow +1 (312) 609-4972
Satoshi Matsumoto +1 (646) 557-3201
Anthony Siu +86 (216) 182-0980
Technology & Services
Sale to Levine Leichtman Capital Partners
Date
June 2016
Company
GL Education
Transaction
M&A
Sectors
Technology & Services
Target Location
Europe
Acquiror Location
North America

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