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Remember Keypath Education, the ASX-listed edtech that was taken private by Chicago-based private equity firm Sterling Partners in September?

Just 10 months later, Street Talk can reveal Sterling has brought in the bankers to help find a buyer for the $25 million-a-year Australia and Asia-Pacific arm of the business. Keypath’s APAC boss, Ryan O’Hare, has selected Barrenjoey Capital Partners after canvassing a handful of advisers in the first quarter, three sources briefed on the matter said on Thursday.

It is understood Barrenjoey’s telco, media and technology team is running the sale, the sources said, and Sterling Partners is seeking a growth-minded buyer to take the business forward.

Read the full story: Global edtech Keypath to sell APAC arm; appoints sell-side adviser

A more than 5 per cent surge in mining giant BHP helped the Australian sharemarket to recoup much of its earlier session’s losses from a heavy sell-off in Commonwealth Bank and its lending rivals.

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