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Adam Street advises InTuition Languages on sale to Providentia Education

 

Adam Street Advisers (“Adam Street”) is pleased to announce that it has advised the shareholders of InTuition Languages Limited (“InTuition”) on a sale of the entire issued share capital to Hong Kong based Providentia Education Group Limited, backed by multinational conglomerate Fullshare Holdings Limited

InTuition offers short-term English language teaching to international students combined with homestay accommodation. It is the first home tuition provider accredited by the British Council and possesses what is probably the largest network of qualified and vetted freelance English as a Foreign Language (EFL) trainers in Europe.

 

Andrew Barnsley, Managing Partner at Adam Street, said of the deal “The UK education sector continues to be of interest to both domestic and international buyers. As specialists in the sector we are well positioned to advise UK education businesses considering a transaction with either trade buyers or private equity investors.”

 

Norman Renshaw, Managing Director of InTuition, said “We are delighted to have found an ideal match in Providentia. InTuition now has significant backing to further develop the InTuition brand, developing new products and reaching new markets with Providentia’s established expertise.”

 

www.intuitionlang.com

For further information contact:

 

Adam Street Advisers

Andrew Barnsley, Managing Partner

andrew.barnsley@adamstreet.com

+44 (0)7941843059 / +44 (0)2078462194

www.adamstreet.com

Adam Street Advisers Corporate Finance LLP, a limited liability partnership in England and Wales (OC338478) and Adam Street Advisers Limited, a limited company registered in England and Wales (09579715) together trade as Adam Street Advisers. Adam Street Advisers Corporate Finance LLP is authorised and regulated by the Financial Conduct Authority (487620). Registered office: 21 Ganton Street, London, W1F 9BN.

© Adam Street Advisers 2020

Adam Street Advisers