Sale of CATS Colleges Division to Bright Scholar Education Group
Baird served as co-financial advisor to Cambridge Education Group Limited and Bridgepoint on this transaction
AboutCambridge Education Group Limited (“CEG”), a portfolio company of Bridgepoint (“Bridgepoint”), recently announced its sale of the CATS Colleges Division (“CATS Colleges”) to Bright Scholar Education Group (“Bright Scholar”), in a transaction totalling £150 million.
CEG is now formed of two divisions: ONCAMPUS and Digital. ONCAMPUS teaches pre-university programmes with the opportunity for guaranteed progression to a wide range of undergraduate and Master’s degrees at a range of universities across the United States, the United Kingdom and mainland Europe. Working closely with partner universities, CEG Digital helps to create, market and deliver part-time online and blended university programmes to students around the world. CEG Digital uses cutting-edge technology, sector-leading pedagogy, and first-class student support to provide an outstanding educational experience. CEG is headquartered in Cambridge, the United Kingdom.
Bridgepoint is an international private equity firm. With over $20 billion of assets under management and over $30 billion of capital raised to date, it typically focuses on acquiring well managed companies in attractive sectors helping companies and management teams by investing in expansion, operational transformation or via consolidating acquisitions. Bridgepoint has offices in Amsterdam, Frankfurt, Istanbul, London, Luxemburg, Madrid, New York, Paris, San Francisco, Shanghai, Stockholm and Warsaw.
CATS Colleges is an international school network focused primarily on international students with a globally integrated platform of campuses in the United Kingdom, North America and China. CATS Colleges comprises six campuses in Cambridge, London, Canterbury, Shanghai and Boston, plus an arts school in Cambridge, as well as 10 international languages schools. CATS Colleges has a diverse mix of students across 80 nationalities. CATS Colleges is headquartered in Cambridge, the United Kingdom.
Bright Scholar is the largest operator of international and bilingual K-12 schools in China. Bright Scholar is dedicated to providing quality international education to Chinese students and equipping them with the critical academic foundation and skillsets necessary to succeed in the pursuit of higher education overseas. Bright Scholar is headquartered in Foshan, China.
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- July 2019
- Cambridge Education Group Limited
- Technology & Services
- Target Location
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