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New Deal


Announced

Navis Capital acquires TTCE.

Financials

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Sources

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Private Equity

schools operation

Friendly

educational services

Private

Acquisition

Vietnam

Education Services

Single Bidder

Synopsis

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Navis Capital Group, a leading private equity investment firm acquires Thanh Thanh Cong Education (TTCE), a leading private school chain operating in southern Vietnam, from Thanh Thang Cong Group, a Vietnam-based sugar producer which has businesses in the energy, real estate, agriculture, and the hospitality sectors. Financial terms were not disclosed. Navis Capital and its partners will continue to grow the TTCE platform by opening new schools in underserved areas and expanding services in both new and existing schools.

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