Announced
Financials
Sources
Tags
Private
Education Services
Cross Border
Private Equity
Pending
education group
Morocco
Acquisition
Minority
Friendly
Single Bidder
Synopsis
SPE Capital, a private equity firm, agreed to acquire a minority stake in Holding Générale d’Education, a private education group in Morocco and Tunisia, from private equity firmsTPG and Satya Capital. Financial terms were not disclosed. “I would like to thank both the TPG and Satya Capital teams for their continued support, which greatly contributed to the development of the group and the consolidation of its position in the private education market in Morocco. On behalf of all Holged employees, I would like to welcome SPE Capital, with whom we’ve had a close partnership over the last few years in Tunisia and with whom we intend to pursue our commitment to excellence across our operations, to the benefit of both students and parents," Ahmed Benyahia, Holged CEO.
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