Private equity buyout firm Providence Equity Partners has been a majority shareholder of Galileo Global Education since 2011. Private equity firm Providence Equity Partners LLC is seeking about € 2.5 billion for the sale of Galileo Global Education Sari, hiring Goldman Sachs and Rothschild to find a buyer for the Paris-based school network, Reuters reported, citing three sources.. An auction process was started in early February, the sources added. The private equity owner of one of Europe's largest private education groups, Galileo Global Education, ... U.S. buyout fund Providence has hired Goldman Sachs and Rothschild to find a new owner for the Paris-based firm which runs a network of 42 schools in ten countries, the … Providence Equity Partners hired Goldman Sachs and Rothschild to run the sales process in early February 2020. The non-public fairness proprietor of one in all Europe's largest non-public schooling teams, Galileo Global Education, has put the business up for the sale in a deal value about 2.5 billion euros ($2.72 billion), three sources instructed Reuters. The Hangzhou-based company, which is backed by Tencent Holdings and Goldman Sachs, could fetch c. $1bn in the IPO and could be among the first major Hong Kong listings since the coronavirus outbreak began. JPMorgan worked opposite Goldman Sachs on Global Payments Inc.’s $21.5 billion acquisition of Total System Services Inc. last May, and says it … LONDON, Feb 13 (Reuters) - The private equity owner of one of Europe's largest private education groups, Galileo Global Education, has put the business up … Consortium of private equity firms to acquire Galileo Global Education from Providence Equity Partners. Paris-based Galileo Global Education is an international provider of higher education with a focus on Europe.