Tana Africa Capital has successfully exited its investment in IEG, a network of schools operating in Morocco and the Netherlands. The investment firm facilitated the acquisition by Globeducate, a prominent K12 education group. IEG encompasses over 4,500 students across four schools and offers modern facilities. The partnership with Globeducate aims to enhance the bilingual educational offerings and provide opportunities for collaboration and participation in international events and programs. The transaction was supported by various advisory firms, including Nomura, Deloitte, Clifford Chance, and Afaya Partners.
Key Points:
- Tana Africa Capital has exited its investment in IEG, enabling the acquisition by Globeducate, a leading K12 education group.
- IEG operates schools in Morocco and the Netherlands, catering to over 4,500 students and offering modern facilities.
- The partnership with Globeducate aims to strengthen bilingual education and foster collaboration among educators and students.
- Students and teachers will have access to international events, partnerships with organizations like WWF and Eco-Schools, and collaborations with LEGO Education and Arts International.
- The transaction was facilitated by advisory firms including Nomura, Deloitte, Clifford Chance, and Afaya Partners.
Analysis: Tana Africa Capital’s successful exit from its investment in IEG marks a significant development in the education sector. The acquisition by Globeducate signifies a strategic move to enhance bilingual education and provide a broader range of opportunities for students and educators. The collaboration between IEG and Globeducate is poised to offer a more enriched learning experience, with access to global events and partnerships with renowned organizations.
The inclusion of modern facilities and innovative learning platforms further demonstrates a commitment to delivering excellence in education. Additionally, the involvement of advisory firms such as Nomura, Deloitte, Clifford Chance, and Afaya Partners highlights the careful planning and expertise involved in the transaction.
This acquisition not only represents a business venture but also a significant step forward in providing quality education and diverse learning experiences for students within the IEG network. It will be interesting to observe the impact of this partnership on the educational landscape and the opportunities it creates for students and educators alike.