Trilantic Capital Partners commits up to €50 million in LeYa
London – January 14, 2011 – Trilantic Capital Partners (TCP), a global private equity firm, has committed up to €50 million of growth capital to LeYa SA.
LeYa is the largest publishing group in Portugal with leading positions in both textbooks (# 2) and general publishing (# 1). LeYa also has a leading role in Portuguese-speaking Africa and a nascent and fast-growing presence in Brazil.
LeYa was created through seven acquisitions over a period of 16 months during 2007/2008, which have been integrated successfully under the leadership of Miguel Pais do Amaral, Chairman and Isaias Gomes Teixeira, CEO.
The funds provided by Trilantic will be used to back the company’s acquisition and organic growth strategy, particularly in e-learning and the fast-growing Brazilian educational sector. The investment fits with Trilantic’s strategy of backing proven management teams in growth industries and markets.
Vittorio Pignatti-Morano,Trilantic Capital Partners Founding Partner, said: “This investment gives Trilantic exposure to the fast-expanding Brazilian educational publishing market through backing an expert management team with a strong track record of buying and consolidating companies and maximising returns.”
Miguel Pais do Amaral, Chairman of LeYa, said: “We welcome Trilantic’s investment at this time. It will help continue to fuel the strong growth momentum we have established over the last four years, particularly in key areas of geographic expansion like Brazil and in to emerging growth businesses such as e-learning.”
Caroline Merrell +44 (0)207 367 5103
Henrietta Dehn +44 (0)207 367 5104
About Trilantic Capital Partners
Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages two institutional private equity funds with an aggregate capital commitment of $3.9 billion. For more information, visit www.trilanticpartners.com
LeYa is a publishing group that operates in education and general editions markets in Portugal, Angola, Mozambique and is currently expanding into Brazil. Created in 2008, LeYa results from a fast and efficient acquisition and consolidation process of seven Portuguese publishing companies, having achieved leading market positions in Portugal, Angola and Mozambique. With revenues of €90.8 million in 2009, LeYa mission is to become one of the global leaders in Portuguese language publishing markets and in publishing the leading Portuguese language authors, promoting the language throughout the world.