Mellby Gård increases its holding in AcadeMedia
Mellby Gård, which owns nearly 10% of the shares in AcadeMedia, exercises its option to buy an additional just over 10% of the shares. This means that Mellby Gård now owns 20.01% of the total number of shares issued in the company.
“The decision felt natural. We want to be part of building Sweden into an even stronger knowledge nation”, says Johan Andersson, CEO of Mellby Gård.
AcadeMedia operates throughout the education system, from preschool to adult education and is northern Europe's leading independent education provider.
Marcus Strömberg, CEO of AcadeMedia:
“The family company Mellby Gård has shown great commitment and drive since they became an owner last spring. It is great that they now choose to take even greater responsibility for developing AcadeMedia, thereby contributing to an improved education system in Sweden. It is also very good with an owner who meets the requirements for a long-term approach, that virtually all politicians are demanding”, he says.
In connection with the re-listing of AcadeMedia on the Stockholm Stock Exchange June 15, 2016, Mellby Gård acquired just under ten percent of the shares. They were also given an option to acquire an additional just over ten percent, an option which they are now exercising.
“After working closely with AcadeMedia for more than eight months, I have become more and more impressed with the company. All parts of the business are joined in a common conviction that quality pays off in the long run as well as a genuine desire to contribute to a positive development of society”, says Johan Andersson, CEO of Mellby Gård.
Mellby Gård acquires the shares from EQT. Harry Klagsbrun is a Partner at EQT Partners and a board member of AcadeMedia.
“Mellby Gård has a long-term, entrepreneurial-driven culture. We and Mellby Gård share the desire to support AcadeMedia's vision of being an international role model in terms of quality, performance and innovation in its various educational and training activities”, he says.
Mellby Gård is a family-run, long-term focused conglomerate with an entrepreneurial spirit. The company invests in businesses with clear growth potential, in Sweden and internationally, and in a range of industries: from manufacturing and retail to education. For more information, see www.mellby-gaard.se
EQT is a leading global private equity firm with approximately EUR 31 billion in raised capital. The EQT funds have portfolio companies in Europe, Asia and the USA with a total turnover of around 15 billion euros and 100,000 employees. EQT is working with its portfolio companies to achieve sustainable growth, operational efficiency and market leadership. More information on www.eqtpartners.com
AcadeMedia is the leading and single largest independent education provider in northern Europe. In 2015/16, approximately 63 000 children and students attended AcadeMedia’s preschools, compulsory schools and upper secondary schools. An additional 80 000 individuals participated in AcadeMedia’s adult education courses. In 2015/16, AcadeMedia had approximately 425 preschools, compulsory schools and upper secondary schools in Sweden and Norway and approximately 150 adult education units in Sweden. Since February 2016 AcadeMedia also operates seven preschools in the Munich region of Germany. AcadeMedia has operations throughout the education chain, from preschool, compulsory school and upper secondary school to adult education. More information about AcadeMedia is available on www.academedia.se