Primavera Capital Group’s Acquisitions of Nobel Learning Communities and of Certain Assets of LePort Schools


Simpson Thacher represented Primavera Capital Group and its portfolio company Spring Education Group, the largest preK-12 private school operator in the U.S., in connection with their acquisition of Nobel Learning Communities and of certain southern California-based campuses of LePort Schools.

Terms of the transactions were not disclosed.

Primavera Capital Group is an Asia-based investment management firm. Founded by Dr. Fred Hu, a renowned economist and prominent investor, and formerly a partner and Chairman of Greater China at Goldman Sachs Group, Primavera’s investment team has over 30 professionals with global investment, M&A and capital market experience. Primavera targets investments in the education, financial services, consumer, healthcare and TMT sectors, where it has significant expertise and experience.

Nobel Learning Communities operates a network of over 190 private schools across 19 states in the United States. The company also has an accredited online private school, Laurel Springs, that offers college preparatory programs to students from over 80 countries worldwide.

The Simpson Thacher teams included Atif Azher (Picture), Mark Myott, Andrew Simon-Rooke, Blake Meyer and Laura Berzins (M&A – Palo Alto); Jon Corsico (M&A – D.C.); Yang Wang, Amy Liu and Jie Min (M&A – Beijing); Chris Brown, Jim Doyle, Rustin Brown and Mark Haddox (Credit); Katharine Moir and Jacqueline Clinton (Tax); Tristan Brown and Alex Ellebracht (ECEB); Krista McManus, Timothy Gallagher and Dennis Loiacono (Real Estate); Marcela Robledo and Marissa Lambert (IP); Tim Mulvihill (Environmental); and Sara Razi, Kelly Karapetyan and Ellen Frye (Antitrust).

Involved fees earner: Atif Azher – Simpson Thacher & Bartlett; Mark Myott – Simpson Thacher & Bartlett; Andrew Simon-Rooke – Simpson Thacher & Bartlett; Blake Meyer – Simpson Thacher & Bartlett; Laura Berzins – Simpson Thacher & Bartlett; Jonathan Corsico – Simpson Thacher & Bartlett; Yang Wang – Simpson Thacher & Bartlett; Lupeng Amy Liu – Simpson Thacher & Bartlett; Jie Min – Simpson Thacher & Bartlett; Christopher Brown – Simpson Thacher & Bartlett; James Doyle – Simpson Thacher & Bartlett; Rustin Brown – Simpson Thacher & Bartlett; Mark Haddox – Simpson Thacher & Bartlett; Katharine Moir – Simpson Thacher & Bartlett; Jacqueline Clinton – Simpson Thacher & Bartlett; Tristan Brown – Simpson Thacher & Bartlett; Alexander Ellebracht – Simpson Thacher & Bartlett; Krista McManus – Simpson Thacher & Bartlett; Timothy Gallagher – Simpson Thacher & Bartlett; Dennis Loiacono – Simpson Thacher & Bartlett; Marcela Robledo – Simpson Thacher & Bartlett; Marissa Lambert – Simpson Thacher & Bartlett; Timothy Mulvihill – Simpson Thacher & Bartlett; Sara Razi – Simpson Thacher & Bartlett; Kelly Karapetyan – Simpson Thacher & Bartlett; Ellen Frye – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Primavera Capital;

Author: Michael Patrini