EQT-led consortium finalizes $14.5bn takeover of Nord Anglia Education

A global consortium led by EQT has completed the $14.5 billion acquisition of Nord Anglia Education, marking a significant development in the premium international education sector. The transaction brings together an expanded group of institutional investors, including Neuberger Berman Private Markets, Canada Pension Plan Investment Board (CPP Investments), Corporación Financiera Alba (CF Alba), and Dubai Holding, reinforcing Nord Anglia’s long-term financial strength.

With more than 80 schools across 33 countries, Nord Anglia Education serves over 90,000 students from early childhood through secondary education. The acquisition underscores growing investor confidence in private education, a sector that has seen increasing demand globally due to the rise of high-net-worth families seeking premium schooling options.

Why Are Global Investors Backing Nord Anglia Education?

The private international education sector has emerged as a resilient and highly sought-after investment category, attracting institutional capital from sovereign wealth funds, insurers, and family offices across Asia, the Middle East, Europe, and North America. By expanding its shareholder base, Nord Anglia Education not only secures fresh capital but also gains access to strategic expertise that will support its long-term vision.

Nord Anglia’s personalized learning approach is a key driver of its success. Unlike traditional classroom models, the institution tailors its curriculum to individual student needs, leveraging digital learning tools, partnerships with top universities, and an international faculty network to enhance educational outcomes. Its graduates frequently earn placements in the world’s top 100 universities, making it an attractive asset for investors looking to capitalize on premium education’s steady demand.

How Has EQT Helped Shape Nord Anglia’s Expansion?

EQT’s involvement with Nord Anglia Education dates back to 2008, when the firm first invested in the company. In 2017, EQT deepened its commitment by bringing in CPP Investments as a co-investor, accelerating the group’s expansion strategy. Over the years, EQT has played a pivotal role in Nord Anglia’s mergers and acquisitions, enabling the company to execute 21 successful acquisitions that broadened its presence across key global education markets.

The strategic focus has not only been on expanding its network of schools but also on enhancing the student experience. EQT has helped Nord Anglia integrate advanced digital learning initiatives, improve operational efficiencies, and establish high-profile academic partnerships with institutions such as:

• Juilliard (Performing Arts)
• Massachusetts Institute of Technology (MIT) (STEM Education)
• Harvard University’s Project Zero (Educational Research)
• King’s College London (Teacher Training)
• IMG Academy (Athletic Development)
• UNICEF (Global Citizenship Programs)

These collaborations reinforce Nord Anglia Education’s position as an elite global education provider, ensuring students receive a holistic and innovative learning experience.

What Role Will New Investors Play in Nord Anglia’s Future?

With the addition of Neuberger Berman, CF Alba, Dubai Holding, and other institutional investors, Nord Anglia is now backed by a broader capital base that supports both organic growth and targeted acquisitions. This move aligns with a broader trend in the private education sector, where large financial institutions are increasingly investing in long-term, stable, and high-margin businesses that offer consistent revenue growth.

Jean Eric Salata, Chairperson of EQT Asia and Head of Private Capital Asia, emphasized that the acquisition strengthens Nord Anglia’s financial stability, enabling continued investment in innovation, global expansion, and academic excellence. He noted that the institution’s expanded ownership structure would allow for greater strategic flexibility, ensuring sustained leadership in premium international education.

Jack Hennessy, Partner at EQT Private Equity, stated that Nord Anglia has established itself as a benchmark for academic excellence and operational efficiency in the global private education sector. He underscored the importance of continued collaboration with the company’s management team, ensuring that its long-term objectives align with the evolving demands of students and parents worldwide.

Andrew Fitzmaurice, Chief Executive Officer of Nord Anglia Education, welcomed the new investors, highlighting their commitment to supporting academic research, digital transformation, and curriculum innovation. He stressed that the institution remains dedicated to its core mission of delivering world-class education, while leveraging new resources to enhance student outcomes and institutional growth.

What Does This Mean for the Future of Private Education?

The completion of this transaction reflects a broader shift in the global education investment landscape, where private equity firms, pension funds, and sovereign wealth funds are increasingly recognizing the long-term value of premium education providers.

With demand for high-quality private education on the rise, Nord Anglia Education is well-positioned to expand into emerging markets, particularly in regions where affluent families seek internationally recognized curricula. The institution’s strong brand reputation, strategic partnerships, and technology-driven learning model will continue to be key differentiators in a competitive global market.

EQT has made this investment through BPEA Private Equity Fund VIII, reinforcing its belief in Nord Anglia Education’s ability to remain at the forefront of academic innovation and global expansion. With the backing of a diversified investor group, the institution is expected to accelerate its international growth strategy, further strengthening its standing as a leader in premium international education.