EQT Consortium finalizes acquisition of Nord Anglia Education for USD 14.5 billion

EQT and a group of global institutional investors, including Neuberger Berman Private Markets, Canada Pension Plan Investment Board (CPP Investments), Corporación Financiera Alba (CF Alba), and Dubai Holding, have completed the acquisition of Nord Anglia Education. The transaction values the global education provider at USD 14.5 billion.

Nord Anglia operates more than 80 private international schools in 33 countries, serving over 90,000 students aged 2 to 18. The company is recognized for strong academic performance, with many of its graduates accepted into top-tier universities worldwide. Its approach to education emphasizes personalized learning tailored to individual student needs.

This acquisition marks a continuation of EQT’s long-standing involvement with Nord Anglia, which began in 2008. EQT strengthened its position in 2017 when CPP Investments joined as a co-investor. Since then, the company has expanded through more than 21 acquisitions and invested in digital infrastructure to support both academic delivery and operational efficiency.

The new ownership group includes a diverse mix of global financial institutions, such as sovereign wealth funds, insurers, and family offices from across Asia, the Middle East, Europe, and North America. According to EQT, the expansion of the shareholder base is intended to provide long-term capital and strategic input to support Nord Anglia’s continued development.

In recent years, Nord Anglia has partnered with institutions such as UNICEF, Juilliard, MIT, and the Harvard Graduate School of Education’s Project Zero. These collaborations are part of the company’s strategy to enhance the quality and breadth of its educational offering.

The consortium plans to support both organic growth and further acquisitions. The addition of new investors is expected to strengthen the company’s position in the international education sector and support its long-term goals.

EQT’s investment in Nord Anglia is being made through BPEA Private Equity Fund VIII. The transaction also marks an exit for the BPEA Private Equity Fund VI.

Leaders from the investor group and Nord Anglia management expressed confidence in the company’s direction. Andrew Fitzmaurice, CEO of Nord Anglia, said the new ownership would help further improve educational outcomes and expand the school network. Jack Hennessy, Partner at EQT Private Equity, stated that the investor group is committed to supporting the company’s next phase of growth.