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DLA Piper advises Laureate Education on A$112m acquisition of SEEK's THINK Education Group

12 Feb 2014

DLA Piper has advised Laureate Education, Inc on its recent acquisition of SEEK Limited's remaining 80% interest in THINK: Education Group Pty Ltd and its subsidiaries for A$112 million.

Laureate Education is a leading international network of quality, innovative institutions of higher education with more than 75 accredited campus based and online universities offering undergraduate and graduate degree programs to nearly 800,000 students around the world.

DLA Piper corporate partner Michael Reed advised Laureate Education on the deal, with senior associate Michelle Monteleone and other solicitors, including conducting the legal due diligence process, advising on the transaction documentation and financing, and managing the completion process.

Michael Reed said: "We are delighted to have been involved in such a significant strategic acquisition for Laureate and one that builds on their previous investment in THINK."

Tim Daniels, CEO, Laureate Asia, Middle East & Africa, said: "The combined resources, expertise and synergies of Laureate and THINK will provide a comprehensive portfolio of education solutions to local and international students. Laureate is driven by a mission to make quality higher education accessible, and in THINK we see shared values of quality, innovation, employability and strong student outcomes that will bring positive changes in the education landscape.”

Matter Type
M&A: Acquiror's Counsel
Industry
Education & Training
News Category
M&A