BGH Capital has broken its buyout duck by sealing the biggest-ever deal by an Australian private equity firm with a $2.3 billion deal to acquire education company Navitas.
In its first move after the five-month deal closed, BGH Capital lead partner of education Ben Gray said Rodney Jones, Navitas' founder and chief executive until late 2017, would return as non-exeuctive chairman and the firm would now be looking at more education businesses offshore.
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Robert Bolton is the Education editor. He covers primary and secondary education, universities and training. Connect with Robert on Twitter. Email Robert at rbolton@afr.com
