UP Education – Australian Academy of Beauty Dermal & Laser

UP Education Australia Pty Limited, the Australian subsidiary of New Zealand Parent company UP Education HoldCo Limited (UP Education), proposes to acquire Australian Academy of Beauty Dermal & Laser Pty Ltd (AABDL) by entering into a share sale deed (the Acquisition).

AABDL is an Australian tertiary education provider providing beauty, laser and dermal training courses to approximately 487 students. It has four campuses in NSW (Bella Vista, North Strathfield, Rockdale and Sydney CBD).

UP Education is a tertiary education provider in Australia and New Zealand which provides higher education, vocational education and training courses and university partnerships. UP Education offers courses in various topic areas such as health, hospitality, community services, construction and creative arts.

UP Education operates a group of higher education and vocational education and training providers across Australia and New Zealand, including 10 registered providers in Australia. This includes 4 providers that have campuses in New South Wales (including online courses), with 3 providers located in Sydney. UP Education also delivers online qualifications nationally through several providers, including to students in NSW.

UP Education does not currently supply any beauty, laser or dermal training courses in Australia.

UP Education is owned and operated by funds managed and/or advised by Pacific Equity Partners (the PEP Funds). UP Education is the only tertiary education business owned by the PEP Funds.