Ardian has acquired a majority stake in AD Education, a European education platform focused on arts, design and audiovisual. No financial terms were disclosed. The transaction was done alongside Kevin Guenegan, founder and CEO of AD Education.
Paris, December 18, 2020 – Ardian, a world-leading private equity house, announces the acquisition of a majority stake in AD Education alongside Kevin Guenegan, founder and CEO of the group as well as the management team.
Founded in 2009, AD Education is a leading European higher education platform, pure player in the field of Creative Arts, teaching to more than 15,000 students in 12 schools on 36 campuses in France, Italy, Spain and Germany. AD Education covers 4 main sub-segments: Design & Graphical Arts, Media & Digital, Audiovisual and Culture & Luxury.
Over the past 10 years, the Group has established itself as the French leader on its core educational fields, following continued organic growth as well as successful build-ups, and as a sizeable European platform following acquisitions in Italy, Spain and Germany.
Within the framework of the partnership with AD Education, Ardian will support Kevin Guenegan and the management team in accelerating both organic and external growth as well as reinforcing its geographical diversification strategy. Thanks to its solid expertise in the education sector and its international network, Ardian holds the financial and human resources to identify and seize growth opportunities and thus support AD Education in its ambitious growth plan.
Kevin Guenegan, Chairman of the AD Education Group, said: ”On behalf of all AD Education employees, I would like to welcome Ardian to this chapter that marks a new momentum for our company. We are very pleased with this agreement and partnership. With its financial and strategic resources, Ardian will enable AD Education to continue its development in line with the group’s values and its vision of education in Creative Arts, to pursue the consolidation of the different European markets, to invest in innovative programs and digital solutions to meet the needs and new trends and expectations of parents and students, while fully addressing the environmental, social and societal challenges of our societies.”
Philippe Poletti, Chairman of Ardian France, member of the Executive Committee and Head of Ardian Buyout, added: “We are delighted with this ambitious partnership with Kevin Guenegan and his management team, which also allows us to invest in a growth project in education, an attractive investment sector with a real social and societal impact.”
Emmanuel Miquel, Managing Director in the Ardian Buyout team, said: “With their renowned expertise in Creative Arts, Kevin Guenegan and his team have created a first class European platform and enabled the company to experience remarkable growth, offering coherent and innovative courses adapted to today’s challenges. We are very proud to become AD Education’s partner in the next phase of its story and to accompany them in their growth strategy and international development.”