OMERS Private Equity, which invests on behalf of OMERS, has agreed to acquire a 25 percent stake in International Schools Partnership (ISP) from Partners Group. The transaction gives ISP an enterprise value of €1.9 billion ($2.3 billion).
ISP is a group of 50 international schools currently spanning 15 countries and serving approximately 45,000 students globally. The company is seeking to expand its global network and has added 50 schools between 2014 and 2020.
“ISP is a textbook example of entrepreneurial ownership and transformational investing in action,” said David Layton, co-CEO of Partners Group, in a May 24 statement. “Having invested extensively in the education sector, we saw the potential to create a leading K–12 schools platform supported by growing global demand for high quality education.”
He added: “Today, we are pleased to welcome OMERS as a shareholder to ISP, which is already one of the largest K–12 school groups globally and sti
