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Latham & Watkins Represents Partners Group on International Schools Partnership Transaction

May 24, 2021
London private equity team advises on transaction which values ISP at an enterprise value of €1.9 billion.

Latham & Watkins is advising Partners Group, a leading global private markets firm, on expanding the shareholder base of International Schools Partnership (ISP), a leading international group of K-12 schools. Incoming shareholder OMERS, the defined benefit pension plan for municipal employees in the Province of Ontario, has agreed to acquire a 25% stake in ISP. Partners Group will continue to hold a majority stake in ISP on behalf of its clients. The transaction values ISP at an enterprise value of €1.9 billion.

Partners Group formed UK-headquartered ISP in 2013 with the intention of creating a leading international school group through a buy-and-build strategy. Today ISP is the fifth largest K-12 international school group globally, operating 50 schools across 15 countries and serving more than 45,000 pupils.

The Latham team is being led by London corporate partner Kem Ihenacho, with associates Katie Peek, Devdeep Ghosh, and Migle Vasiliauskaite.

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