Taaleem Expands Portfolio with Acquisition of LLFP Meydan
Deal News | Nov 21, 2024 | Legal Community MENA
Squire Patton Boggs, an international law firm, has advised Taaleem Holdings, one of the UAE's largest K-12 premium education providers, on its acquisition of Lyce Libanais Francophone Privé Meydan School (LLFP Meydan) located in Dubai. LLFP Meydan is a French curriculum institution with a campus capacity for 1,900 students from 26 nationalities, covering a campus area of over 35,700 square meters in Meydan, Dubai. This acquisition is poised to broaden Taaleem's reach into new communities and expand its student base. The Dubai-based team of Squire Patton Boggs managing the transaction was led by corporate M&A partner Omar Momany and corporate counsel Leila Drissi, with additional support from practitioners in various fields, such as corporate, labour, employment, and finance sectors.
Sectors
- Education
- Legal Services
Geography
- United Arab Emirates – This is the location where Taaleem Holdings and the acquired school, LLFP Meydan, operate.
- Dubai – The specific emirate where the LLFP Meydan school is located and where the acquisition activity took place.
Industry
- Education – Involves providing educational services and institutions, relevant due to the acquisition of a school by Taaleem.
- Legal Services – Pertains to the professional legal advice and services provided by Squire Patton Boggs in the acquisition process.
Financials
- Not Disclosed – The financial terms of the acquisition deal were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Taaleem Holdings | Buyer | Company | One of the largest K-12 premium education providers in the UAE. |
| LLFP Meydan | Target Company | Company | A French curriculum school located in Dubai offering educational services to a diverse student population. |
| Squire Patton Boggs | Legal Advisor | Company | International law firm providing legal assistance to Taaleem Holdings for the acquisition. |
| Omar Momany | M&A Partner | Person | Corporate M&A partner leading the transaction team at Squire Patton Boggs. |
| Leila Drissi | Corporate Counsel | Person | Corporate counsel assisting the transaction team at Squire Patton Boggs. |