Bright scholar education holdings limited (nyse:bedu) completed the acquisition of cats colleges holdings limited from cambridge education group limited.

Bright scholar education holdings limited (nyse:bedu) entered into an agreement to acquire cats colleges holdings limited from cambridge education group limited for £150 million on july 8, 2019. in the fiscal year ended on august 31, 2018, cats colleges net revenue was approximately £89 million. cats colleges will continue to be run by david newton and his management team. bright scholar education holdings limited targets to close the transaction in july 2019. moelis & company acted as financial advisor, travers smith llp as legal advisor and pwc as financial advisor and accountant to cambridge education group limited. white & case acted as legal advisor and deloitte acted as financial advisor and accountant to bright scholar education holdings limited. robert w. baird & co. incorporated acted as financial advisor to cambridge education group limited and bright scholar education holdings limited. bright scholar education holdings limited (nyse:bedu) completed the acquisition of cats colleges holdings limited from cambridge education group limited by september 2019.
BEDU Ratings Summary
BEDU Quant Ranking