Universal Knowledge Systems and Global Education Services’ $86.75 Million Acquisition of Laureate’s Universidad Interamericana de Panamá

Itaú acted as financial advisor to Laureate Education, Inc. (NASDAQ: LAUR). Holland & Knight served as Laureate Education transaction counsel.

Laureate’s Universidad Interamericana de Panamá (UIP), a higher education institution in the Republic of Panama, was founded in 1994 and has been a member of the Laureate network since 2008. The University serves 14,300 students enrolled in undergraduate, graduate and technical degree programs in a variety of academic disciplines, including health sciences, business, communications, engineering and information technology, law, and tourism and hospitality management.

The deal is valued at $86.75 million and includes the sale of certain campus real estate.

The transaction is under review by the Panamanian government, but is expected to close later this year.

Holland & Knight team advising Laureate included Partners Henry Roque (Picture), George Mencio and Marilyn J. Holifield and Associates Alexis Mason and María José Dobles Madrigal.

The team coordinated with local counsel Icaza, González-Ruiz & Alemán and Alfaro, Ferrer & Ramirez.

Involved fees earner: María José Dobles Madrigal – Holland & Knight; Marilyn Holifield – Holland & Knight; Alexis Mason – Holland & Knight; George Mencio – Holland & Knight; Henry Roque – Holland & Knight;

Law Firms: Holland & Knight;

Clients: Laureate Education Inc.;

Author: Ambrogio Visconti