Street Talk

PEP hires sell-side advisers for tertiary education business

Sarah Thompson, Kanika Sood and Emma Rapaport

Apr 14, 2025 – 5.12pm

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Already a subscriber?

Buyout firm Pacific Equity Partners has tapped sell-side advisers for UP Education, following a hotly contested beauty parade last month that saw a bunch of investment banks and boutique advisory firms peddle their wares.

Street Talk can reveal Stanton Road Partners, a boutique firm founded by Peter Brownie, and Wall Street giant Morgan Stanley have been hired to run an auction for the business, which makes about $100 million in earnings before interest, tax, depreciation and amortisation.

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.