Permira Buys Majority Stake in Education First’s China Units

Permira and Education First Partner to Expand Learning Opportunities

It was announced today that a company backed by the global investment firm, Permira Funds has acquired a majority stake in the international educational company, Education First's (EF) chain of English-language schools in China and Indonesia.

This deal comes through as schools across the world have moved towards online learning and homeschooling due to Covid-19. Permira's funding will aid in financing Covid-19 efforts towards efficient, online education. The acquisition of a majority stake in EF will further Permira's efforts towards investing in academic programming. Subsequently, EF will retain significant ownership in the Kids & Teens business and remains invested in its success.

The partnership aims to combine EF’s market leadership with Permira’s expertise and resources to...

Login In


Register now for free access

Notify of
Inline Feedbacks
View all comments