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Palamon generates 3.9x return on €200m 24 ORE Business School sale

Palamon Capital Partners, a pan-European private equity firm based in London, has completed the sale of 24 ORE Business School to Digit’Ed, an Italian managerial training hub owned by Nextalia Private Equity Fund. 

Palamon Capital Partners (Palamon), a pan-European private equity firm based in London, has completed the sale of 24 ORE Business School to Digit’Ed, an Italian managerial training hub owned by Nextalia Private Equity Fund. 

The transaction, which values the company at €200 million and generates a 3.9x return on invested capital, represents the fifth exit event from Palamon’s Third Fund and brings the realised track record of the fund to 3.1x gross MoC.

In 2019, Palamon completed the carve out of 24 ORE Business School from the owner of Italy’s leading business newspaper, Gruppo SOLE 24 ORE, and subsequently invested in the management team and infrastructure to deliver classes online and ramp up digital marketing capabilities.  

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