
EQT Credit injects €115m into Inspired
EQT Credit has provided €115m in debt to support UK-based international private schools operator Inspired, which is backed by private equity shareholders.
The new financing will support Inspired through building new schools and acquiring existing ones globally.
EQT drew capital for the financing from the €530m EQT Mid-Market Credit Fund, which held a final close in April 2016.
Inspired was founded by controlling shareholder Nadim Nsouli. Additional shareholders include private equity investors TA Associates, Oakley Capital and Genesis Capital, along with other private investors such as the Oppenheimer family, the Mansour Group and Graeme Crawford.
Headquartered in London and founded in 2013, Inspired is an international private school group for children aged 1-18. The company has offices in London, Johannesburg, Bogota and Sydney, and operates 30 schools across Europe, Australia, Africa, the Middle East and Latin America.
EQT Credit invests through senior debt, direct lending via its mid-market credit fund, and credit opportunities. The EQT Credit Opportunities III fund held a final close in December 2017 on €1.3bn, surpassing its €1.15bn target.
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