BGH Capital commits to Navitas, extends due diligence

Robert BoltonEducation editor

Updated Feb 19, 2019 – 3.48pm, first published at 10.06am

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Private equity consortium BGH Capital has committed to buying education company Navitas for $2.1 billion but needs more time to finish its due diligence.

Navitas said on Tuesday it had extended BGH's exclusive period of access to its books prior to the Ben Gray-run fund lobbing a firm $5.825-a-share bid.

Robert Bolton is the Education editor. He covers primary and secondary education, universities and training.

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