Deal Snapshot
APAX PARTNERS FUNDS TO ACQUIRE CADENCE EDUCATION
Friday 14 February 2020

Funds advised by Arizona-based Apax Partners have agreed to acquire early childhood education provider Cadence Education, from investment funds managed by Morgan Stanley Capital Partners (MSCP) to support growth in early education, the company said.
Cadence Education serves families and students in more than 225 private preschools through a network of over 40 brands, including the company's flagship Cadence Academy brand.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 14/02/2020
Target: Cadence Education
Country: USA
Sector: Business and Consumer Services
Type: LBO
Financing:
Status: Agreed
Vendor: Morgan Stanley Capital Partners
Buyer: Apax Partners
Buyer Advisor: Simpson Thacher and Bartlett
Comment:
Terms of the deal were not disclosed

Options