Follow-On Offering

Technology & Services
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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Technology & Services
Follow-On Offering
Date
November 2018
Company
Laureate Education, Inc.
Transaction
M&A
Sectors
Technology & Services
Target Location
North America

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