Baring Private Equity Partners has taken a significant stake in multilingual school Estudios Agora for an undisclosed sum. According to reports in the Spanish press, the acquisition is the first step of a buy-and-build operation which aims to create a leading group in the educational sector. This is a similar strategy to the one of Dinamia and Nmas 1; last June both private equity firms bought 90% of the school chain Colegios Laude for EUR 18m.
Round follows the company's €24m series-D in November 2019, also backed by Wellington and HBM
Agilitas recorded revenues of £12m in the year to March 2019, up from £9m in the same preceding period
Leppla will focus on assisting private equity, credit, infrastructure and venture GPs raise capital from institutions
HV Capital, Global Founders Capital, TQ Ventures and RTP Global also backed the fitness startup