EQT Mid Market invests in a group which owns ILA Vietnam

• EQT Mid Market invests in a group which owns ILA Vietnam, a premium market leader in the English Language Training (“ELT”) sector in Vietnam

• Strategy is to support continued growth and development of the company to stay ahead of its peers, through enhancements of the academic product offering, learning experience and environment, and network expansion, by leveraging on EQT’s experience and network globally

The EQT Mid Market investment strategy (“EQT Mid Market”) invests in a group which owns ILA Vietnam (“ILA” or the “Company”). An early pioneer in the premium ELT industry, ILA has a well-established reputation and a history that goes more than 20 years back. Today, ILA has over 20,000 ELT enrollments across Vietnam, and in addition offers overseas study consultancy, teacher training services and corporate English training.  ILA strives to be at the forefront in delivering high quality and up-to-date programs to its students across Vietnam.

Mr. Johan Bygge, Chairman of EQT Asia Pacific said: “We are excited to see EQT Mid Market join forces with a market leader in Vietnam’s ELT sector such as ILA. The vast EQT experience, insights and network in the education sector globally, will be of great support in taking ILA to the next level.”

“We are impressed by the Company’s premium curriculum offering and delivery methods, which have been key reasons for its long-term success. Going forward, there will be very interesting opportunities to grow the ILA offering to students all across Vietnam.” says Mr. Tak Wai Chung, Partner at EQT Partners, Investment Advisor to EQT Mid Market.

Contacts
Tak Wai Chung, Partner at EQT Partners, Investment Advisor to EQT Mid Market +65 6595 1830
EQT Press Office +46 8 506 55 334

About EQT
EQT is a leading alternative investments firm with approximately EUR 37 billion in raised capital across 24 funds. EQT funds have portfolio companies in Europe, Asia and the US with total sales of more than EUR 19 billion and approximately 110,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.
More info: www.eqtpartners.com

About ILA Vietnam
ILA Vietnam is a leading premium ELT service provider in Vietnam. The Company offers premium English Language Training, overseas study consultancy, teacher training services and corporate English training.
More info: http://ilavietnam.edu.vn/

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

Marvin Holding Limited (a holding company owned by EQT V Limited and its co-investors) (“Marvin”) has sold 15,000,000 shares in AcadeMedia AB (publ) (“AcadeMedia”) through an accelerated bookbuilding process to Swedish and international institutional investors at a price of SEK 57 per share (the “Placing”).

Following the Placing, Marvin owns 24,098,326 shares in AcadeMedia, representing approximately 25.4% of the total number of shares in AcadeMedia. Subject to customary exceptions or obtaining consent from Carnegie Investment Bank AB (publ) (“Carnegie”) and Skandinaviska Enskilda Banken AB (publ) (“SEB”), Marvin has agreed to a lock-up period, in relation to its remaining shares in AcadeMedia, until the period ending on the date of the publication of AcadeMedia’s year-end report 2016/2017, that currently is planned to be published on 30 August 2017.

Carnegie and SEB acted as joint bookrunners in connection with the Placing.

Marvin Holding Limited

20 June 2017

THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES OR INVESTMENTS FOR SALE OR A SOLICITATION OF AN OFFER TO BUY SECURITIES OR INVESTMENTS IN ANY JURISDICTION WHERE SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL. NO ACTION HAS BEEN TAKEN THAT WOULD PERMIT AN OFFERING OF THE SECURITIES OR POSSESSION OR DISTRIBUTION OF THIS ANNOUNCEMENT IN ANY JURISDICTION WHERE ACTION FOR THAT PURPOSE IS REQUIRED. PERSONS INTO WHOSE POSSESSION THIS ANNOUNCEMENT COMES ARE REQUIRED TO INFORM THEMSELVES ABOUT AND TO OBSERVE ANY SUCH RESTRICTIONS. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF ANY SUCH JURISDICTION.