Travers Smith private equity partner Edmund Reed has advised Bridgepoint on the agreement to acquire educational services provider Cambridge Education Group (CEG) from Palamon Capital Partners in a deal worth £185 million.

Established in 1952, CEG provides preparatory education to international students from more than 95 countries planning to attend universities in the United Kingdom, continental Europe and the United States.

The Travers Smith corporate team also included private equity partner Ian Shawyer and associates Matthew Kichenside and Chris Flavin. Tax advice was provided by a team led by partner Simon Skinner and associate Richard Wild. The finance team was led by partner Jeremy Walsh and associate Barry Newman.