Travers Reps Bridgepoint In $302M Cambridge Education Buy

Law360, New York (December 4, 2013, 1:17 PM EST) -- European private equity firm Bridgepoint said Wednesday that it will acquire Cambridge Education Group Ltd., a U.K.-based education services and college preparation company for international students, for £185 million ($302 million).

Bridgepoint is buying CEG from private equity firm Palamon Capital Partners LP, which acquired it in 2007. The company said in a statement that its investment in CEG, which specializes in preparing international students for entry into Western universities, is a testament to the long-term growth prospects for the international student market.

“Cambridge Education Group...
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