Paul, Weiss represented KKR in the transaction.
KKR executed the add-on acquisition of Medac, a leader in regulated professional training in Spain, by its portfolio company MasterD. The KKR investment will be made through its $1.3 billion Global Impact Fund.
The combination of MasterD and Medac will result in a leading company in the Spanish education sector. Medac’s founder and its current CEO will each roll over their investments and remain minority investors of the resulting group.
Founded in 2010, Medac has 23 centers spread throughout the national territory and an offer of more than 50 official VET and Master’s degrees.
KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate and credit, with strategic partners that manage hedge funds.
The Paul, Weiss team included corporate partner Alvaro Membrillera (Picture).
Involved fees earner: Alvaro Membrillera – Paul Weiss Rifkind Wharton & Garrison;
Law Firms: Paul Weiss Rifkind Wharton & Garrison;