Palamon Capital Partners, a private equity firm focused on growth investing, has exited its investment in 24 ORE Business School, a leading provider of executive education in Italy.
The deal, which was announced on July 27, 2023, was completed by Nextalia Private Equity Fund-backed Digit’Ed.
24 ORE Business School was founded in 1999 and is headquartered in Milan, Italy.
The school offers a wide range of executive education programs, including MBAs, EMBAs, and specialized master’s programs. 24 ORE Business School’s programs are designed for working professionals who want to advance their careers.
Palamon acquired a majority stake in 24 ORE Business School in 2015.
During Palamon’s ownership, the school grew its student enrollment and expanded its program offerings. Palamon also helped 24 ORE Business School to develop a new digital learning platform.
Image Credit: 24 ORE Business School
The exit of Palamon from 24 ORE Business School is a sign of the firm’s commitment to growth investing. Palamon is focused on investing in companies that have the potential for significant growth.
24 ORE Business School has demonstrated strong growth under Palamon’s ownership, and the firm is confident that the school will continue to grow under the ownership of Digit’Ed.
Here are some of the key benefits of the deal for Digit’Ed:
- Access to a leading executive education brand: 24 ORE Business School is a leading provider of executive education in Italy. This will give Digit’Ed access to a large and growing market.
- Strengthened position in the executive education market: Digit’Ed will be able to offer a wider range of programs and services to its customers.
- Increased global reach: 24 ORE Business School has a strong presence in Italy. Digit’Ed will be able to expand its global reach through the school’s network.
Here are some of the key benefits of the deal for Palamon:
- Financial return: Palamon will receive a financial return on its investment in 24 ORE Business School.
- Exit: The sale of 24 ORE Business School is an exit for Palamon. The firm is now able to deploy its capital into other growth investments.
The exit of Palamon from 24 ORE Business School is a significant development in the Italian executive education market.
The deal is expected to help Digit’Ed to expand its business and reach new markets. It is also a positive development for Palamon, which will receive a financial return on its investment and be able to deploy its capital into other growth investments.
