E-commerce and Digital Media

JB Education

July 2013

BUYER

Stadsmissionen, a charity organisation in Stockholm, Academedia, Swedens largest education company and a handful of other education companies in Sweden.

TARGET

30 separate schools with 10000 students in Sweden from lower ground school to Gymnasiums.

SELLER

JB Education was a Swedish education company owned by Axcel, a Danish Private Equity investor. JB Education went into receivership in June 2013.

TRANSACTION

A parallel negotiated process with 10 potential alternative operators of schools.