G8 Education receives takeover approach from Majority Capital Partners 

ASX listed early childhood education and care provider (ECEC) G8 Education has received a non-binding, indicative proposal from Australian private equity firm Majority Capital Partners in a deal that values the business at around $196 million.

G8 confirmed that over recent weeks the two parties have participated in a limited due diligence process which has resulted in the proposal. G8 and Majority Capital have now entered into a “Process Deed” that will allow for a second, more intentional, period of due diligence. 

“Following careful consideration of the proposal, taking into account the interests of children and families and in consultation with its advisers, the Board has determined that it is in the best interests of G8 shareholders to provide Majority Capital Partners with the opportunity to undertake confirmatory due diligence and to progress discussions regarding a potential binding transaction,” G8 said in a statement. 

Majority Partners was founded in 2026 by Vidhur Rangaswamy, Neil Vinson and Lee Mickelburough all of which worked at Tanarra Capital, the firm that teamed up with Allegro Funds to acquire Camp Australia from Bain Capital in 2022. 

Exclusivity period of six weeks offered to Majority Partners to complete DD

Majority Capital Partners will be granted exclusivity for a period of up to six weeks while it undertakes confirmatory due diligence and the parties negotiate the terms of a potential Scheme Implementation Deed ("SID") which will be the legal structure used to complete the transaction should it move towards completion. 

Importantly, the G8 Board have signalled their willingness to “unanimously” recommend to shareholders to vote in favour of the arrangement should due diligence be successful however the statement also cautions that there is no certainty that the deal will proceed at this juncture. 

G8’s shares closed on 11 November 2026 at $0.10. The offer of $0.26 is a 160 per cent premium and values the business at $196 million.

To read the statement please click here.