Laureate Education’s $167.6 Million Class A Common Stock Secondary Offering


Simpson Thacher represented BMO Capital Markets Corp., as underwriter, in connection with a secondary offering by Wengen Alberta, Limited Partnership (“Wengen”).

Wengen Alberta, Limited Partnership offered 10,955,000 shares of Class A common stock of Laureate Education, Inc. (“Laureate”), which includes the exercise of the underwriter’s option to purchase additional shares. The offering raised approximately $167.6 million in gross proceeds for Wengen.

Laureate is the largest international network of degree-granting higher education institutions, primarily focused in Latin America, with more than 875,000 students enrolled at over 25 institutions with more than 150 campuses.

The Simpson Thacher team for this transaction included David Azarkh (Picture), Clark Warthen and Erica Egenes (Capital Markets); Eric Wolf (Executive Compensation and Employee Benefits); Robert Holo, Jonathan Cantor and Jasmine Hay (Tax); Andrew Pagliughi (FINRA & Blue Sky); Mike Isby (Environmental); and Melanie Jolson (IP). Summer Associate Jack Nalen also provided valuable assistance.

Involved fees earner: David Azarkh – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Erica Egenes – Simpson Thacher & Bartlett; Jasmine Hay – Simpson Thacher & Bartlett; Robert Holo – Simpson Thacher & Bartlett; Michael Isby – Simpson Thacher & Bartlett; Melanie Jolson – Simpson Thacher & Bartlett; Jack Nalen – Simpson Thacher & Bartlett; Andrew Pagliughi – Simpson Thacher & Bartlett; Charles Clark Warthen – Simpson Thacher & Bartlett; Eric Wolf – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: BMO Capital Markets;