Deal Details
Follow-On Offering
Summary
Baird served as a co-manager on this offering
About
Laureate Education, Inc. (“Laureate” or the “Company”) (NASDAQ-GS:LAUR), recently completed a follow-on offering of 12,250,000 shares of common stock at a price of $14.00 per share, generating gross proceeds of $171.5 million. The selling shareholders received all of the net proceeds from this offering.Laureate Education, Inc. is the largest global network of degree-granting higher education institutions, with more than 850,000 students enrolled at its 25 institutions with more than 150 campuses, which are collectively referred to as the Laureate International Universities network. The institutions in the Laureate International Universities network offer a broad range of undergraduate and graduate degrees through campus-based, online and hybrid programs. The Company was founded in 1998 and is headquartered in Baltimore, Maryland.
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- Date
- November 2018
- Company
- Laureate Education, Inc.
- Transaction
- M&A
- Sectors
- Technology & Services
- Target Geography
- North America
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