China Chunlai Education Group has completed its acquisition of Dublin Business School from Kaplan for US$127.5m, the companies said, with the deal closing on 27 October 2026.
Deal terms and financing
The consideration covers the entire share capital of Accountancy & Business College (Ireland) Limited and IP transferred by Kaplan Inc. Chunlai obtained written approval from its controlling shareholder instead of holding a general meeting.
Market context
Kaplan, a subsidiary of Graham Holdings, bought DBS in 2004 as its entry into Europe's private college market. Chunlai is listed in Hong Kong (1969.HK).
In the rankings
