RL Hulett：2025年第三季度全球教培行业并购市场研究报告（英文版）

▪ In Q3, the Education Services Industry Index increased 0.3%, but was outperformed by a 7.9% increase in the S&P over the same period. ▪ The median EV/Revenue multiple for reported private equity deals in the Education & Training sector decreased to 1.0x in YTD 2025 from 1.1x in 2024, and decreased for strategic deals to 1.2x from 2.0x in the prior year. ▪ M&A deal volume in the sector increased 18.7% in Q3 to 222 deals from 187 in Q2, and increased 13.3% from 196 in Q3 of the pr