Brasilpar has successfully advised the shareholders of Escola Santi (former Escola Santo Inácio), on sale of 100% of their shares to Somos Operações Escolares.
Escola Santi, founded in 1969, is a traditional K-8 school in the city of São Paulo, with approximately 700 students and 110 employees. Escola Santi provides early childhood, elementary and middle level Education in the South-Central region of the city.
Somos Operações Escolares is the school operations holding of Grupo Somos Educação, Brazil's largest basic education company (revenues of R$ 1.9 billion in 2017), which offers a broad portfolio for K-12 schools that includes learning systems, textbooks and digital solutions besides having proprietary schools, preparatory courses and language schools.
The former shareholders will continue to be closely associated with the group and remain minority shareholders and support the management team in the role of an advisory board as well as consultants.
GJM (JMT:LS) is one of Portugal’s largest multinational groups (c. EUR 8.9 billion market cap) that operates in food distribution and specialized retail.
IMAP closed 193 M&A transactions valued at over $7.0 billion in 2020, down from the 7 year high of 235 deals closed in 2019.