Tue 04/26/2022 09:30 AM
GL Education Group Ltd potential refinancing from Reorg's EMEA Middle Market team.
Relevant Document:
Financial Report FY’20
The sale of U.K. educational assessments provider GL Education is struggling to attract bids high enough to meet the targeted valuation multiple of 20x, sources told Reorg. The current owner Levine Leichtman Capital Partners is considering other options including a refinancing of the company’s debt or a bilateral agreement with a sponsor, sources...
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2024 Reorg Research, Inc. All rights reserved.