EQT weighs potential $500m sale of Vietnam English language schools
EQT is exploring a potential sale of two English language education businesses in Vietnam that could together command a valuation of about $500m, according to a report by Bloomberg citing people familiar with the matter.
EQT, a Swedish private equity firm, is considering the potential sale of two English language education businesses in Vietnam, according to Bloomberg. The valuation of the combined businesses is estimated at around $500 million, with details attributed to sources familiar with the matter. The two companies in question are ILA Vietnam and Vietnam-USA Society English Centers, also known as VUS.
The exploration of a sale comes from EQT's desire to crystallize value from its investments in Vietnam's education sector. The firm acquired ILA in 2017 through its EQT Mid Market Asia III fund and subsequently bought VUS in 2022 after purchasing Baring Private Equity Asia. This move follows EQT's record $14.5 billion acquisition of Nord Anglia Education in March 2025.
Currently, EQT manages $333 billion in assets under management, as per its website. The potential sale of these Vietnamese education businesses would provide EQT with an opportunity to realize value from its investments amid the ongoing interest of investors in Vietnam's private education market. However, discussions are still in their early stages, and a transaction may not ultimately occur.
Written by urgent.news from Private Equity Wire's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
