Street Talk

Global edtech Keypath to sell APAC arm; appoints sell-side adviser

Sarah Thompson, Kanika Sood and Emma Rapaport

Jul 3, 2025 – 7.15pm

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Remember Keypath Education, the ASX-listed edtech that was taken private by Chicago--based private equity firm Sterling Partners in September?

Just 10 months later, Street Talk can reveal Sterling has brought in the bankers to help find a buyer for its $25 million-a-year Australia and Asia-Pacific arm of the business.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.