Investment in the leading mid-level school in Georgia – Buckswood International School

Georgia Capital PLC (the “Group” or “Georgia Capital”) announces that it has signed a share purchase agreement ("SPA") to acquire an 80% equity interest in Buckswood International School - Tbilisi LLC (“Buckswood” or the “School”), subject to regulatory approvals.

  • The transaction values Buckswood’s enterprise value at 6.4x EV / EBITDA 2020.
  • The acquisition of Buckswood is in line with Georgia Capital’s strategy to secure a leading private school education platform for its mid-level segment.
  • Buckswood’s existing owners will continue to lead the business and grow the school’s maximum capacity from its existing 730 learners, to approximately 2,200 learners by 2021.