.
MergerLinks Header Logo

New Deal


Announced

Completed

Trustbridge Partners led the $150m round in Huohua Siwei.

Financials

Edit Data
Transaction Value£109m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Cross Border

Education Services

education platform

education services

k12 education

China

Minority

Completed

Private Equity

Single Bidder

Private

Acquisition

Friendly

Synopsis

Edit

Trustbridge Partners, an investment firm, led the $150m round in Huohua Siwei, an online math and science education platform. Existing shareholders including Tencent also participated. Since its founding in 2016, the company accumulated $700m from seven investment rounds. After the completion of the funding round, the business is valued at $1.5bn amid increased interest in China's e-education sector.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US