Established sponsor investing from an active vehicle, seeking a platform with strong governance and management depth. Target is sen & specialist education services in education & training with predictable demand, strong controls and credible management. Investor is currently in fund with committed capital for near term execution. Track record includes multiple completed acquisitions with successful integrations and exits via trade sale. Valuation discipline will be applied with decisions driven by cash generation and resilience through cycles. Transition would be structured to protect customers and retain key staff. European buyer.