Van Dijk Educatie (VDE), the Netherlands’ largest provider of learning materials, has teamed up with TowerBrook Capital Partners to accelerate its national and international growth strategy.
The British-American investment fund acquired the majority of shares in the education company Van Dijk on terms that have not been disclosed.
VDE has a turnover of EUR303 million (2016) and plays a leading role in the learning materials market for the 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, says: "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 organisation. TowerBrook will support the digitisation of learning materials and its usage. They share our strategic vision for the education sector and support our investment in the area.”
