trending Market Intelligence /marketintelligence/en/news-insights/trending/0wuwydiuftigpzay0uq1ka2 content esgSubNav
In This List

KKR, Bregal agree to sell global schools group Cognita

Video

According to Market Intelligence, December 2022

Blog

Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes

Blog

Spotlight on sustainability: How banks can overcome the challenges of achieving net-zero emissions by 2050

Blog

Insight Weekly: Energy crisis cripples Europe; i-bank incomes rise; US holiday sales outlook


KKR, Bregal agree to sell global schools group Cognita

New York City-based private equity firms KKR & Co. and Bregal Investments Inc. agreed to sell Cognita to Swiss private equity firm Jacobs Holding AG for an undisclosed sum.

The target company, formed by Bregal in 2004, is an educational group that operates more than 70 schools across eight countries and a student roster of more than 40,000. KKR became a 50% shareholder in Cognita in 2013.

The deal is scheduled to close in the fourth quarter, pending regulatory approvals.

Goldman Sachs International and Barclays were the financial advisers for Bregal and KKR, while Bank of America Merrill Lynch advised Jacobs Holding on the transaction.