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Adam Street Advisers is pleased to announce that it has advised Eurocentres on the sale to Bayswater Education
Adam Street Advisers (“Adam Street”) is pleased to announce that it has advised the shareholders of Eurocentres Global Language Learning Ltd (“Eurocentres”) on the sale of the entire issued share capital to Bayswater Education Limited (“Bayswater Education”).
Eurocentres has been a leading name in the international language education space for over 70 years. The company operates a network of schools in the UK and France and has a global network of franchise and partner schools. Their educational services are offered through in-person and online quality language programmes and Exam Testing Centres, completed by thousands of students every year.
Andrew Barnsley of Adam Street, said of the deal “It has been an incredibly difficult year for most businesses especially those reliant on people traveling to the United Kingdom for education. As one of the leading corporate finance advisers to owners of education businesses, we were able to quickly leverage our network of investors and acquirers, ensuring an excellent outcome for our client in what is a landmark transaction for the language travel sector.”
This is the second transaction ASA has advised on in the Language School space in the past 18 months. ASA previously advised InTuition Languages on a cross-border sale to Hong Kong-based Providentia Education. In recent times the sector has experienced strong levels of capital investment and increased interest from consolidators.
Adam Street Advisers is a London-based corporate advisory boutique with a proven track record of advising clients on achieving the highest possible value on the best terms for their business. We specialise in working with the shareholders and management teams of UK-based private companies on selling businesses and advising on transactions with private equity funds and alternative lenders.
For further information contact:
Adam Street Advisers
Leo Holdsworth, Associate