The fund that owns Idealista buys the European University in an operation valued at more than 2,000 million. Permira, the global private equity firm, has agreed to sell a majority stake in European University to the EQT Infrastructure fund, at a valuation of €2.2 billion.
The private higher education sectors in Spain and Portugal are expected to experience growth in the coming years thanks to demographic trends and demand from international students from Europe and Latin America. For its part, EQT commented that it will support the educational center by investing in existing campuses and providing its digital capabilities.