The following amendment has been made to the 'Partial sale of
(LSE: PEY/PEYS)
Partial sale of
· As of
· The transaction values the stake of
· As part of the transaction,
Partners Group, one of the largest firms in the global private markets industry, will remain the majority shareholder and OMERS, which acquired a minority stake in ISP in 2021, will also remain a shareholder.
Partners Group and the ISP management team founded ISP in 2013 and have since built it into one of the largest K-12 school platforms globally, educating over 110,000 students in 111 schools across 25 countries. ISP follows a proven growth strategy, adding high-quality schools to its platform in locations with strong demand and enhancing them with the company's differentiated learning approach. ISP aims to provide a holistic education and develop all aspects of a student's learning experience, with a strong focus on academic progress, as well as the development of language, digital, and life skills.
During its ownership, Partners Group's transformational investing approach has focused on helping ISP's schools to deliver high quality education. In ISP's next phase of growth, the new shareholder group and management team will work together on further driving the company's successful strategy. Key value creation initiatives will include adding new schools to the platform, investing in the development and implementation of proprietary technology solutions as part of teaching, and further expanding the infrastructure of schools to improve the student experience and provide room for future growth.
Further information is available in the press release issued by Partners Group.
Ends.
About
Contacts
www.partnersgroupprivateequitylimited.com
|
Investor relations contact: Phone: +41 41 784 66 73 E-mail: andreea.mateescu@partnersgroup.com
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Media relations contact: Phone: +41 41 784 65 26 E-mail: jenny.blinch@partnersgroup.com |
Registered Number:
Notes:
1. Note that references in this announcement to
2. This document does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities and neither is it intended to be an investment advertisement or sales instrument of
3. This document may have been prepared using financial information contained in the books and records of the product described herein as of the reporting date. This information is believed to be accurate but has not been audited by any third party. This document may describe past performance, which may not be indicative of future results. No liability is accepted for any actions taken on the basis of the information provided in this document. Neither the contents of
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