Deals & Cases
Laureate Education sells Glion Institute of Higher Education and Les Roches International School of Hotel ManagementOn 15 March 2016, Laureate Education, Inc., the largest global network of degree-granting higher education institutions, and Eurazeo, a leading european investment company, signed an agreement under which Eurazeo will acquire Glion Institute of Higher Education (“Glion”) and Les Roches International School of Hotel Management (“Les Roches”) from Laureate Education. The transaction value amounts to CHF 380 million. Closing is subject to regulatory approvals and other customary conditions and provisions. Following the closing, Laureate will continue to provide services to Glion and Les Roches, and programs of those schools will continue on various campuses of Laureate throughout the world. Lenz & Staehelin is advising Laureate Education, Inc. in this transaction. The team was led by partner Andreas Rötheli (Corporate and M&A) and included associates Ralph Kaufmann, Mona Stephenson and Roman Graf (all Corporate and M&A).