Jacobs Holding AG
Jacobs Holding Completes Capital Increase in Cognita, Partnering with BDT Capital Partners and Sofina as Significant Minority Stakeholders
EQS Group-News: Jacobs Holding AG / Key word(s): Investment Jacobs Holding Completes Capital Increase in Cognita, Cognita has a diverse, balanced portfolio of 72 schools, both in developed and emerging markets. Operating some of the most prestigious schools in key markets, including Southbank International School in London, The British School of Barcelona in Spain, the Stamford American International School in Singapore and International School Ho Chi Minh in Vietnam, Cognita currently educates more than 43,000 students in the UK, Spain, Singapore, Chile, Thailand, Vietnam, Brazil and Hong Kong. “We look forward to working alongside BDT and Sofina to help further Cognita’s international expansion, bringing the Cognita model of education to more children across the world,” said Patrick De Maeseneire, CEO of Jacobs Holding. “BDT and Sofina hold similar values to Jacobs and a long-term commitment to helping entrepreneurs build great, lasting businesses that have the potential to be global leaders in their respective sectors. The addition of patient investors, like BDT and Sofina, will help ensure that Cognita continues to grow and delivers outstanding education for its students.” “We are delighted to be gaining new partners who share our vision and have the significant resources to enable it,” said Chris Jansen, CEO of Cognita. “Together, BDT, Sofina and Jacobs share a passion for education, recognising the long-term nature of what we do and the fundamental importance of continually improving quality. Through our new partnership, we are even more confident in our ability to prepare young people for a successful future. We achieve this through a focus on academic excellence, character development and fostering a global perspective. The future investments and expertise, from all shareholders, will help further advance all the elements of a Cognita education.” “With a global platform and strong presence in attractive and growing regions, Cognita stands out as a leader in the K-12 education space,” said Björn Robens, Partner at BDT Capital Partners. “We have the highest regard for Cognita’s management team and their commitment to education excellence. We also value our strong and very trusted relationship with the Jacobs management and family and are pleased to be partnering with them and Sofina, all of whom share a focus on delivering long-term value to successful, leading companies.” Victor Casier, member of the Executive Committee of Sofina said, “The investment in Cognita, alongside Jacobs and BDT illustrates our strategy of building relationships and being aligned with partners for whom patience is as important as it is to us, and who recognize that sustainable value is created over the long term. We have discovered and been impressed with the focus on excellence that runs through the worldwide operations of Cognita and are looking forward to being part of the journey. The education sector is of particular interest to Sofina, both as an investment theme and as a societal challenge that, through our support for the Platform for Education and Talent, we are keen to address on a philanthropic dimension as well.” About Sofina
Media Contacts Additional features: Document: http://n.eqs.com/c/fncls.ssp?u=VNLNJYRKJN Document title: MM _Jacobs Holding_20190201
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