18 Oct 2019 | 02:32 pm | 1 min. read
International law firm Pinsent Masons has advised China Education on the AU$128m acquisition of King's Own Institute in Australia.
China Education Group Holdings Limited, a leading private higher and vocational education group in China, has completed the acquisition of King's Own Institute, a tertiary level higher education institute located in Sydney, Australia.
The deal is China Education's first acquisition outside of China and represents significant international expansion of what they hope to be a cornerstone business in Sydney, with the potential to expand educational activities to other States and Territories in Australia.
Energy and infrastructure partner, Brian Scott, said: "We are very happy to have assisted China Education Group, a leading player in private education in China with over 100,000 students, in establishing its first presence outside China.
"The acquisition of the King's Own Institute, a private tertiary education provider based in Sydney, provides a fantastic platform for growth combining two excellent businesses to create a new chapter for each. The deal structure required nimble and focused legal advice to assist in delivering the key objective of securing the deal which Pinsent Masons was happy to provide. We look forward to seeing the continued growth of CEG and KOI."
Pinsent Masons advised China Education through the whole lifecycle of the deal, from the initial binding offer and due diligence to the drafting and negotiation of key transaction documentation, and completion.
China Education is headquartered in Hong Kong and was supported by a Pinsent Masons cross-border team, with involvement across each of our Shanghai, Perth and Melbourne offices.
The Pinsent Masons team acting on the transaction includes partner Brian Scott and associate Lucy Carter on M&A matters, with partner Katie Williams and lawyer Patrick Williams advising on employment aspects of the deal. Support from the China team was led by partner Wei Liu and legal director Michael Lin.
Partner
Brian is a corporate lawyer focusing on projects and transactions in energy, natural resources and infrastructure across the Asia-Pacific.
Consultant
Katie supports businesses in the social and governance aspects of sustainability, such as equality and anti-discrimination, minimum labour standards, modern slavery, whistle-blowing, ethics and sustainability reporting.
Partner
Wei Liu is a corporate, M&A and real estate partner in Pinsent Masons' Shanghai office. Wei has substantial experiences in both China inbound investment and M&A activities and China outbound M&A investment deals.
Legal Director
Michael has more than 10 years’ experience advising clients on corporate / M&A, outbound investment, real estate, employment, technology & communications and foreign exchange controls, and also has a strong practice in IP law.
Key Contacts
Multinational law firm Pinsent Masons is one of the first law firms to have its global 2040 net-zero target verified by the Science Based Targets initiative, as it doubles down on efforts to reduce its impact on climate change.
Multinational law firm Pinsent Masons is advising the City of Munich in appeal proceedings brought by the organisers of a planned Oktoberfest event in Dubai. The organisers provided cease-and-desist undertakings, thereby in effect accepting a preliminary injunction issued in this landmark case by the District Court in favour of the City of Munich.
Multinational law firm Pinsent Masons has advised the new investment business Northern Gritstone, founded by the Universities of Leeds, Manchester and Sheffield, on its £215m fund raising.
Multinational law firm Pinsent Masons is one of the first law firms to have its global 2040 net-zero target verified by the Science Based Targets initiative, as it doubles down on efforts to reduce its impact on climate change.
Multinational law firm Pinsent Masons has appointed employment partner, Neil Black, as the new head of its Manchester office.
Multinational law firm Pinsent Masons has promoted 23 to partner, effective as of 1 May, strengthening its partnership outside of traditional legal services and underscoring its strategic aim to build a purpose-led, professional services business with law at the core.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]