Sidley 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 percent 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.
ISP began as a buy-and-build platform backed by Partners Group in 2013 and now owns a growing group of private schools located in the U.S., Canada, Italy, Spain, Switzerland, the UK, Chile, Colombia, Costa Rica, Ecuador, the United Arab Emirates, Qatar, Malaysia, Mexico, and Peru. It has expanded to 50 schools delivering multiple curricula and building on local brands and reputations with around 45,000 students and 7,000 staff located across the globe.
The Sidley team in London was led by Private Equity partner Eleanor Shanks, who has acted on this investment in International Schools Partnership since its inception, and included senior associate Matthew Anson, associates Khalid Hayat, Hui Zhen Gan, Peter Mabe, Daire Carr, and trainees Seungyeon Anderson and Maeve Gillespie (Private Equity). Additional support was provided by global finance partner James Crooks, associates Nils Gravenhorst, and Morgan Jenkins; tax partners Oliver Currall and Jason Menzies, and associate Nicole Bieber; employment partner Susan Fanning and associate Chris Morgan; real estate senior associate Jack Mayall; regulatory partner Rachpal Thind, senior associate Tom Hunter, and associate Justine Fassion; data privacy and cyber security partner William Long, senior associate Francesca Blythe, and associate Eleanor Dodding.
ISP began as a buy-and-build platform backed by Partners Group in 2013 and now owns a growing group of private schools located in the U.S., Canada, Italy, Spain, Switzerland, the UK, Chile, Colombia, Costa Rica, Ecuador, the United Arab Emirates, Qatar, Malaysia, Mexico, and Peru. It has expanded to 50 schools delivering multiple curricula and building on local brands and reputations with around 45,000 students and 7,000 staff located across the globe.
The Sidley team in London was led by Private Equity partner Eleanor Shanks, who has acted on this investment in International Schools Partnership since its inception, and included senior associate Matthew Anson, associates Khalid Hayat, Hui Zhen Gan, Peter Mabe, Daire Carr, and trainees Seungyeon Anderson and Maeve Gillespie (Private Equity). Additional support was provided by global finance partner James Crooks, associates Nils Gravenhorst, and Morgan Jenkins; tax partners Oliver Currall and Jason Menzies, and associate Nicole Bieber; employment partner Susan Fanning and associate Chris Morgan; real estate senior associate Jack Mayall; regulatory partner Rachpal Thind, senior associate Tom Hunter, and associate Justine Fassion; data privacy and cyber security partner William Long, senior associate Francesca Blythe, and associate Eleanor Dodding.