Valor Econômico International June 6 2013
Several private-equity firms – Carlyle, Gávea, KKR, GP Investimentos, TPG, Apax and Providence – are negotiating to purchase the education unit of technology-focused Grupo Positivo, which is asking for R$2 billion to R$2.5 billion. The deal involves the unit’s educational materials, its printing operations, an university, high-school and its college exam preparation courses, with a joint revenue of around R$1 billion, Valor has learned. The deal is facing some hurdles due to no company being interested in purchasing the package that Positivo wants to sell, which includes one of the largest printing operations in Latin America, people close to the situation said.
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Private-equity firms seek deal for Grupo Positivo’s education unit
