Corndel Acquisition by Galileo Educators
Deal News | Jan 06, 2025 | Mishcon
Mishcon de Reya’s Private Equity team, led by Andrew Rimmington and Nadim Meer, has successfully advised the management of Corndel on its acquisition by Galileo Global Education. Corndel, a UK-based firm renowned for delivering innovative training programs in leadership and technology, will join Galileo’s expansive network. The international higher education leader operates across 18 countries and aims to integrate Corndel's digital transformation training expertise into its offerings. This marks the second time Mishcon's team collaborated with Corndel, having previously worked on THI’s investment in the company. Mishcon’s comprehensive legal support included specialists from their Private Equity, Tax, and Employment divisions.
Sectors
- Education and Training
- Legal Services
- Private Equity and Investment
Geography
- United Kingdom – Corndel is a UK-based training provider and a key subject of the acquisition.
- International – Galileo Global Education operates across 18 countries, indicating the international scope of the acquisition.
Industry
- Education and Training – The article involves Corndel, a training provider, and Galileo Global Education, an international higher education institution.
- Legal Services – Mishcon de Reya, a law firm, played a significant advisory role in the acquisition process.
- Private Equity and Investment – The involvement of Mishcon de Reya's Private Equity team highlights the role of investment in facilitating the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Corndel | Target | Company | A UK-based training provider specializing in leadership, data, and technology programs. |
| Galileo Global Education | Bidding Company | Company | A leading international higher education institution acquiring Corndel. |
| Mishcon de Reya | Legal Advisor | Company | The law firm advising Corndel's management team in the acquisition process. |
| Andrew Rimmington | Private Equity Partner | Person | Led the Mishcon de Reya team advising on the acquisition. |
| Nadim Meer | Private Equity Partner | Person | Co-led the Mishcon de Reya team advising on the acquisition. |