With growing competition, as well as relentless innovation born of technology, education has become an increasingly dynamic industry, with Simpson Thacher guiding clients through these developments. We have long been a leader in transactional services, domestically and abroad, for education providers and other education-related businesses. In addition to our Corporate and Litigation Practices, our Exempt Organizations Practice regularly advises higher education institutions in connection with the investment of their endowments. The Firm also has served as counsel in several high-profile litigations in the industry.
Among our representations:
- Sesame Workshop on various transactions
- Underwriters on the $222 million IPO by childcare provider Bright Horizons
- Princeton University in defense of a closely watched billion-dollar lawsuit involving charitable gifts to higher education
- Primavera Capital Group, in partnership with Eurazeo, in its acquisition of Worldstrides, the largest educational student travel company and study abroad organization in the U.S., as well as Primavera Capital Group’s acquisition of Nobel Learning Communities and certain assets of LePort Schools
- Underwriters on the in $420.5 million IPO by Udemy
- Ascend Learning in credit matters
- Laureate Education in its $1.48 billion sale of Walden University to Adtalem Global Education
Global Education
The Firm has also advised on transactions of leading education-related companies in China, Brazil, Canada and the United Kingdom