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New Deal


Announced

Completed

GIC led a $200m Series D2 in Aixuexi.

Financials

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Transaction Value£151m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Education Services

Cross Border

Private

Acquisition

Venture Capital

edtech

Single Bidder

China

educational programmes

Minority

Friendly

Completed

Private Equity

Synopsis

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Private equity firm GIC, led a $200m Series D2 in Aixuexi Education Group, a edtech startup. The round also saw investment from Warburg Pincus. With the new funds, the company will invest in technology and education services to improve its products. It will also empower offline education institutions across underdeveloped areas to go online.

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