- Konstantinos and Kalliopi Rodopoulos, who remain shareholders, will continue to support the business
- BC Partners GR Investment LP makes its second investment with the deal
- BC Partners, based in London, is an investment firm with over €40bn in assets under management
BC Partners has signed a definitive agreement to acquire a majority stake in Metropolitan College and AKMI IEK, providers of post-secondary education in Greece. No financial details of the transaction were disclosed.
IEK AKMI provides education and training in over 100 specialties across 14 fields.
Metropolitan College provides private education services and post-secondary education and training across 12 fields.
Konstantinos and Kalliopi Rodopoulos, the group’s founders, remain shareholders and will continue to support the business.
This transaction is the second of BC Partners GR Investment LP, a fund that seeks to invest in and support high growth companies in Greece.
“The group exemplifies the characteristics we look for in our investments: market leaders benefiting from long term and resilient growth with multiple value creation levers,” said Nikos Stathopoulos, chairman of Europe, BC Partners.
The transaction is expected to close by Q2 2023, subject to regulatory approval.
BC Partners, based in London, is an investment firm with over €40 billion in assets under management across private equity, private debt, and real estate strategies. The firm has completed over 124 private equity investments in companies with a total enterprise value of over €160 billion.
BC Partners was advised by Deloitte and Karatzas & Partners.