Mon 04/12/2021 11:05 AM
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Financial Report

Direct lenders are circling the sale of U.K. educational technology group Learning Pool with leverage levels expected to be above 5x, sources told Reorg. Investment bank Baird has been hired to run the sales process, which is in its early stages, and the company is expected to market off 2021 EBITDA of £9 million, sources said.

Learning Pool could reach a high valuation multiple of up to 25x due to the attractiveness of the educational technology sector and...
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