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King’s Own Institute sells for $128m
Australian higher education provider King’s Own Institute has been advised on its sale to China Education Group.
Jerome Doraisamy
Source: Google Maps
Firm: Clifford Chance (King’s Own Institute); unknown (China Education Group).
Area: Corporate.
Value: $128 million.
Key players: The CC team was led by partner Mark Currell and counsel Jacob Kahwaji.
Deal significance: Speaking about the deal, Mr Kahwaji said: "We are delighted to have supported the shareholders of KOI in bringing this transaction to fruition.”
“Australia represents one of the most popular and fastest-growing international student markets in the world, and the Australian education sector continues to be the subject of interest from private equity and trade buyers throughout the region,” he added.
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly. A former lawyer, he has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. He is also the host of all five shows under The Lawyers Weekly Podcast Network, and has overseen the brand's audio medium growth from 4,000 downloads per month to over 60,000 downloads per month, making The Lawyers Weekly Show the most popular industry-specific podcast in Australia. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of Minds Count.
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