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Announced

SoftBank-backed FirstCry to acquire Oi Playschool.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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India

Pending

play schools

Education Services

Friendly

Acquisition

Private

Single Bidder

primary school

Majority

Private Equity

Synopsis

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SoftBank backed FirstCry, an online shopping store for kids and baby products is set to acquire Oi Playschool, an operator of playschools. Financial terms were not disclosed. “We are very happy with the accomplishments Oi Playschool achieved over the years. It was a pleasure to work with the Company’s management team and LoEstro team and we wish them continued success,” Supam Maheshwari, FirstCry CEO.

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