Blackstone increases interest in acquiring Australian education group IDP Education

Global investment firm Blackstone has increased its proposed offer for Australian education services company IDP Education, valuing the business at approximately A$870m. IDP operates international student placement services and English language testing through its IELTS partnership. The proposed acquisition reflects continued private equity interest in established education businesses with international customer networks. HPC could identify education consultancies, student recruitment agencies, training providers and specialist education businesses seeking investment or an exit.

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