Founded in 1989 to make quality higher education accessible and affordable, it operates as a certified B Corp and a Public Benefit Corporation, a class of companies required to create a general public benefit.
In 2017, Laureate became the first Public Benefit Corporation to be traded on any stock exchange in the world, when it was listed on the Nasdaq Global Select Market.
Leading up to and through the IPO, Macquarie identified investors and financing to ensure the Company was positioned for success.
We assembled a consortium of co-investors including global asset managers, credit funds and international private equity investors to make a $US400 million preferred equity investment in Laureate.
Leveraging our equity and private capital markets capabilities and our ability to invest capital alongside clients, we were able to de-lever Laureate’s balance sheet to prepare it for a public launch.
Following the investment, Macquarie acted as joint bookrunner on Laureate’s initial public offering, helping execution from start to finish.
This encompasses multiple transactions across the US, Italy, Morocco and China, which will ultimately allow Laureate to increase their investment in delivering the best academic experience to its students.