Debevoise & Plimpton LLP is advising Morgan Stanley Capital Partners (MSCP) and Cadence Education in the sale of Cadence Education, a leading provider of early childhood education in North America, to funds advised by Apax Partners. For more information, please see the company’s press release here.
MSCP, part of Morgan Stanley Investment Management, is a leading middle-market private equity platform that has invested capital in a broad spectrum of industries for over three decades, with a focus on privately negotiated equity and equity-related investments primarily in North America. Cadence Education is one of the premier early childhood educators in the United States, operating more than 225 private preschools through a network of over 40 brands, including the company’s flagship Cadence Academy brand. The company’s schools serve children aged six weeks to 12 years. With more than 27 years in business, Cadence Education schools offer a proprietary curriculum developed by experts to give students the skills and confidence necessary to excel in their next phase of education. Apax Partners is a leading global private equity advisory firm that has raised and advised funds with aggregate commitments of $50 billion.
The Debevoise team is led by M&A partner Uri Herzberg and includes M&A associates Shlomo Fischer, Emily Huang, James Malmo and Ethan McMahon, tax partner Rafael Kariyev and associate Robert Nelson-Sullivan, benefits partner Meir Katz and associate David Deutsch and intellectual property counsel Judith Church and associate Benjamin Sundholm.