TowerBrook today acquired the majority of the shares in Van Dijk Educatie, the Netherlands’ largest provider of learning materials. The investment will accelerate the education company’s national and international growth strategy. The terms of the acquisition have not been disclosed.
Van Dijk Educatie (VDE) has a turnover of EUR 303 million (2016) and plays a leading role in the learning materials market for secondary and higher education. VDE works with more than 780 educational institutions in the Netherlands and Belgium with a total of over 1.3 million pupils and students. In the past school year VDE yielded 13.1 million books and 3.2 million licenses for digital learning resources.
Hans van der Wind, CEO of VDE said: “This is good news for teachers, students and schools. We are the most important link between schools and study materials. This new partnership allows us to grow to a full European educational service organization. TowerBrook will support the digitization of learning materials and its usage. They share our strategic vision for the education sector and support our investment in the area.”