By its Decision no 819/2023, adopted on the 30th of May 2023, the Hellenic Competition Commission (HCC), in Planary, unanimously approved, pursuant to Article 8 (3) of Greek Law 3959/2011, the notified concentration concerning the acquisition by BC Partners Management GR Limited (henceforth «BC Partners») of sole control over AKMI Educational SA and Metropolitan College Educational SA., within the meaning of Article 5 (2b) of Greek Law 3959/2011.

BC Partners is a member of an international investment group of companies led by BC Partners Holdings Limited which maintains a diversified investment portfolio across numerous industries. Metropolitan College and AKMI IEK are providers of post-secondary education. 

The HCC, by its decision, concluded that the concentration, conglomerate in nature, is not expected to affect the competitive conditions in any of the relevant markets concerned. Therefore, whereas the concentration falls within the scope of article 6(1) of Greek Law 3959/2011, the HCC, by its decision, concluded that it does not raise serious concerns as to its compatibility with competition rules.