Partners Group to Acquire a Controlling Stake in Guardian Early Learning Group
2nd February 2016
Partners Group, the global private markets investment manager, has agreed to acquire a controlling stake in Guardian Early Learning Group on behalf of its clients.
Tom Hardwick, the founder and CEO of Guardian, comments: “We are thrilled to welcome Partners Group as our new majority shareholder – it is a real honour that a global investment group with the prestige, size and experience of Partners Group has chosen to back our vision to grow the size and quality of our business. We are looking forward to working with Partners Group to pursue our business objectives and in the process enhance the quality of the early learning and care experience we provide to families in the communities we serve.”
Cyrus Driver, Managing Director and Head Private Equity Asia, Partners Group, will join the Board of Guardian once the transaction completes. He states: “Early childhood has been proven to be a crucial stage for a child’s learning and development and innovators like Guardian provide an essential service in society. With its strong reputation, Guardian has a great opportunity to continue its robust growth and provide more children across Australia with the benefits of high-quality early-years education. We look forward to working with Tom and his management team.”
If you would like to read the full press release from Partners Group, please click here.
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