Macfarlanes has advised the senior management team of Cambridge Education Group in relation to their sale alongside Palamon of their respective interests in Cambridge Education Group to Bridgepoint and their new shareholder arrangements with Bridgepoint.
Cambridge Education Group provides pre-university education to students from more than 95 countries. Palamon bought the business in 2007 and during its ownership the company's revenues have grown five-fold.
The Macfarlanes team was led by its head of M&A, partner Ian Martin, who comments: "The advisory teams on all sides had to work exceptionally quickly and cooperatively over a short period of time at the end of a pretty competitive process; a decent result for all involved."
Travers Smith (for Bridgepoint) and Slaughter and May (for Palamon) also advised on this transaction.