DLJ Merchant Banking to buy UK school travel firm

LONDON, July 9 (Reuters) - DLJ Merchant Banking Partners, Credit Suisse's (CSGN.VX) private equity arm, said on Wednesday it agreed to buy British school travel company, Education and Adventure Travel.

It bought the company, which runs residential courses for schools and universities, from Bowmark Capital for 100 million pounds ($197 million), a source familiar with the matter said.

Education and Adventure Travel includes the School Travel Group and Kingswood Educational Group, which runs summer camp operator Camp Beaumont.

A consortium led by Royal Bank of Scotland and made up of Lloyds TSB, Fortis and Ares Capital Europe financed the deal, Credit Suisse said in a statement. (Reporting by Eleanor Wason; Editing by Quentin Bryar)