SPAIN - Baring Private Equity Partners invests in the educational sector

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.