Investment in the leading premium school in Georgia - British-Georgian Academy

Georgia Capital PLC (the “Group” or “Georgia Capital”) announces that it has signed a share purchase agreement ("SPA") to acquire a 70% equity interest in British-Georgian Academy LLC (“BGA” or the “School”), subject to regulatory approvals.

  • The transaction values BGA’s enterprise value at 6.4x EV / EBITDA 2020.
  • The acquisition allows Georgia Capital to secure one of the strongest private school brands in Georgia and an excellent management team with a proven track record.
  • The acquisition of BGA is in line with Georgia Capital’s strategy to capitalise on the fast-growing private school education market.
  • BGA’s existing owners will continue to lead the business and grow the school’s maximum capacity from its existing 750 learners, to approximately 3,350 learners by 2021.