Baker McKenzie represents Estácio Participações on Adtalem acquisition
Baker McKenzie represented Estácio Participações, a Brazilian education business, in connection with its acquisition of the Brazilian portfolio of Adtalem Global Education.
The transaction advances the company’s strategy to become a leading workforce solutions provider, and is slated for completion in the first half of 2021, and is valued at 1.92 billion reais ($465 million).
The lead lawyers engaged on the transaction were New York-based Alan Zoccolillo, Kai Kramer and Matthew Hayes.