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OMERS Private Equity Announces Investment in International Schools Partnership

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LONDON, Could 24, 2021 (GLOBE NEWSWIRE) — OMERS Non-public Fairness introduced right now that it has signed an settlement to accumulate a 25% stake in Worldwide Colleges Partnership (“ISP” or the “Firm”) from Companions Group. OMERS Non-public Fairness invests on behalf of OMERS, the outlined profit pension plan for municipal workers within the Province of Ontario, Canada. The transaction values ISP at an enterprise worth of EUR 1.9 billion.

ISP is a number one group of fifty worldwide faculties at present spanning 15 international locations and serving round 45,000 college students globally by way of a number of curricular choices. Its skilled and bold administration workforce, led by Steve Brown, CEO, is dedicated to increasing ISP’s international community, after having added 50 faculties between 2014 and 2020.

Jonathan Mussellwhite, Senior Managing Director and OMERS Head of European Non-public Fairness, stated: “During the last 15 years, OMERS Non-public Fairness has efficiently executed on a technique of partnering with prime administration groups at industry-leading firms. ISP is a good match for this technique, particularly given the power and expertise of its management workforce. We’re excited by the addition of ISP to our portfolio as we proceed to search for alternatives to deploy capital throughout Europe and construct our European Non-public Fairness enterprise.”

Steve Brown, CEO of ISP, stated: “We’ve efficiently grown ISP since inception in 2013 with the assist of Companions Group. As we give attention to extending ISP’s international community additional, we’re delighted to now have OMERS Non-public Fairness invested alongside us. We sit up for working carefully with OMERS skilled and lively workforce. We welcome their long-term strategy to worth creation, and are assured that with OMERS, along with Companions Group, we can proceed delivering distinctive outcomes.”

James Frankish, Director, OMERS Non-public Fairness, stated: “Steve Brown and the ISP workforce, along side Companions Group, have constructed ISP into a world chief, and we’re excited by the alternatives forward as we accomplice to drive continued, accelerated development.”

David Layton, Co-CEO, Companions Group, says: “ISP is a textbook instance of entrepreneurial possession and transformational investing in motion. Having invested extensively within the schooling sector, we noticed the potential to create a number one Okay-12 faculties platform supported by rising international demand for top of the range schooling. We had enough conviction to again an incredible administration workforce and get to work to construct a enterprise from the bottom up. At present, we’re happy to welcome OMERS as a shareholder to ISP, which is already one of many largest Okay-12 college teams globally and nonetheless has vital development potential forward of it.”

Weil, Gotshal & Manges LLP acted as authorized counsel for OMERS Non-public Fairness.  EY served as monetary advisor for OMERS Non-public Fairness.

Notes for Editors

Contact

Neil Hrab
OMERS Supervisor, World Media Relations
+14163692418
nhrab@omers.com

Jenny Blinch
World Head of Communications, Companions Group
Telephone: +44 207 575 2571
Electronic mail: jenny.blinch@partnersgroup.com

About OMERS and OMERS Non-public Fairness:

Based in 1962, OMERS is considered one of Canada’s largest outlined profit pension plans, with C$105 billion in web property as at December 31, 2020. OMERS invests and administers pensions for greater than half 1,000,000 members by way of originating and managing a diversified portfolio of investments in public markets, personal fairness, infrastructure and actual property.

OMERS had personal fairness web funding asset publicity of C$14.8 billion as at December 31, 2020. OMERS Non-public Fairness, the personal fairness funding arm of OMERS with a workforce of funding professionals in London, New York, Singapore and Toronto, seeks to make use of its vital and differentiated capital base to accomplice with administration groups of {industry} main companies.

For extra data, please go to www.omersprivateequity.com

About Companions Group:

Companions Group is a number one international personal markets agency. Since 1996, the agency has invested over USD 145 billion in personal fairness, personal actual property, personal debt and personal infrastructure on behalf of its shoppers globally. Companions Group seeks to generate superior returns by way of capitalizing on thematic development traits and reworking enticing companies and property into market leaders. The agency is a dedicated, accountable investor and goals to create sustainable returns with lasting, constructive influence for all its stakeholders. With over USD 109 billion in property below administration as of 31 December 2020, Companions Group gives an revolutionary vary of bespoke consumer options to institutional traders, sovereign wealth funds, household workplaces and personal people globally. The agency employs greater than 1,500 numerous professionals throughout 20 workplaces worldwide and has regional headquarters in Baar-Zug, Switzerland; Denver, USA; and Singapore. It has been listed on the SIX Swiss Trade since 2006 (image: PGHN).

For extra data, please go to www.partnersgroup.com

About Worldwide Colleges Partnership:

Based in 2013 and headquartered within the UK, Worldwide Colleges Partnership (ISP) at present operates 50 faculties throughout 15 international locations, serving greater than 45,000 college students aged 2-18 years. ISP’s rising group of personal faculties have over 7,000 workers and are positioned in USA, Canada, Italy, Spain, Switzerland, UK, Chile, Colombia, Costa Rica, Ecuador, UAE, Qatar, Malaysia, Mexico, and Peru.

For extra data, please go to: https://www.internationalschoolspartnership.com/

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