Palamon wins multiple awards for 14.6x Cambridge Education exit

Palamon Capital Partners (“Palamon” or the “Firm”) has received recognition in the private equity industry’s leading awards for its investment in Cambridge Education Group (“CEG”).

CEG is today one of the leading providers of pre-University education, originally identified in 2007 by Palamon and acquired off-market from its husband-and-wife founder team. Palamon institutionalised the management team, developed strategy, built infrastructure and provided the financial and strategic support to rapidly grow over the six-year hold period. Cambridge Education Group was realised by Palamon in December 2013 generating a 14.6x return on invested capital and an IRR of 58%. The investment has won two of the leading industry awards:

Private Equity International Awards 2013: Exit of the Year in Europe Private Equity Awards 2014: UK Small Deal of the Year

UK SMALL DEAL OF THE YEAR

Pascal Noth, Partner at Palamon and
Fergus Brownlee, CEO of CEG, collecting the award

In addition, Private Equity News shortlisted the investment as one of the top 25 deals of the last decade (link) and CEG received Education Investor Award, 2013 for Private Schools Operator.

Pascal Noth, Partner at Palamon, said: “We are extremely proud of our achievements with Cambridge Education Group and grateful to the exceptional management team that so successfully delivered our business plan. We continue to be excited about the opportunities that the education sector holds for investment out of our new fund.”

Louis Elson, Managing Partner at Palamon, added: “We are delighted to have garnered such strong recognition for this investment. Most importantly, this follows similar awards and recognitions achieved now in multiple European countries, including Scandinavia and the DACH region. Our investment success is truly pan-European.”

Palamon won Private Equity Awards 2013: Nordic Deal of the Year for its exit of Espresso House and unquote” DACH Private Equity Awards 2011: German Buyout Deal of the Year for its sale of Dress-for-less. The Firm was also shortlisted for Private Equity Awards 2010, DACH Deal of the Year for Loyalty Partner and Nordic Deal of the Year for Nordax.

Selected Awards Won

UK SMALL DEAL OF THE YEAR

BUYOUT HOUSE OF THE YEAR

DEAL OF THE YEAR: DACH

NORDIC DEAL OF THE YEAR

SELECTED SHORTLISTINGS

EXIT OF THE YEAR: DACH

DEAL OF THE YEAR: NORDICS

DACH BUYOUT DEAL OF THE YEAR

HOUSE OF THE YEAR: UK

BUYOUT HOUSE OF THE YEAR

BVCA BUYOUT HOUSE OF THE YEAR

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Palamon Capital Partners agrees sale of Cambridge Education Group to Bridgepoint for a 14.6x