{"id":546650,"date":"2022-05-24T03:54:45","date_gmt":"2022-05-24T03:54:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/24\/egypt-education-platform-enters-pre-k-sector-with-acquisition-of-two-preschools\/"},"modified":"2022-05-24T03:54:45","modified_gmt":"2022-05-24T03:54:45","slug":"egypt-education-platform-enters-pre-k-sector-with-acquisition-of-two-preschools","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/24\/egypt-education-platform-enters-pre-k-sector-with-acquisition-of-two-preschools\/","title":{"rendered":"Egypt Education Platform enters pre-K sector with acquisition of two preschools"},"content":{"rendered":"

<\/a> Education management firm Egypt Education Platform (EEP) will acquire a majority <\/strong>stake in Montessori preschool chains Trillium and Petals<\/strong>, it said in a press release (pdf)<\/a>. EEP Communications Director Amr Sherif declined to disclose the exact stake or value of the transaction when asked by Enterprise. The acquisition is in its final stages and has received regulatory approval, Sherif said.<\/p>\n

The move ties in with EEP\u2019s expansion strategy<\/strong>: <\/strong>Trillium and Petals are the first preschools EEP will add to its portfolio, Sherif told Enterprise. The two preschools together have eight branches across Cairo. \u201cThe move makes sense for our strategy since preschools are natural feeders for the industry, which means we can be involved in students\u2019 enrollment cycle from beginning to end,\u201d Sherif said.<\/p>\n

Why these schools? <\/strong>EEP was attracted to the two schools\u2019 strong brand name in the local market, and not because of a particular interest in Montessori education, Sherif said. The Montessori system<\/a> \u2014 which emphasizes learning through choice-driven play and movement \u2014 diversifies EEP\u2019s portfolio, which currently includes schools following the IB, American, British, and national curriculums, he added.<\/p>\n

What\u2019s next for Trillium and Petals?<\/strong> EEP plans to work on further expansion with the schools\u2019 founder and CEO, Sherine Ibrahim, who will be retaining a stake in the preschools. The hope is to open new branches of the two schools in East and West Cairo, Sherif told us.<\/p>\n

EEP <\/strong>is also exploring investments in international schools targeting the medium-income segment<\/strong>, particularly in Alexandria, as well as edtech companies, Sherif said. \u201cWe hope to close at least one investment very soon,\u201d Sherif added.<\/p>\n

About EEP: <\/strong>Formerly GEMS Education Egypt, the company manages the assets of the Egypt Education Fund<\/a>, a 50\/50 JV established in 2018<\/a> by EFG Hermes and GEMS Education to invest in Egypt\u2019s K12 education sector. It currently has 11 schools with more than 20k students in its portfolio.<\/p>\n","protected":false},"excerpt":{"rendered":"

Education management firm Egypt Education Platform (EEP) will acquire a majority stake in Montessori preschool chains Trillium and Petals, it said in a press release (pdf). EEP Communications Director Amr Sherif declined to disclose the exact stake or value of the transaction when asked by Enterprise. The acquisition is in its final stages and has […]<\/p>\n","protected":false},"author":1,"featured_media":546651,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7363],"tags":[73,9202,84,72,1929,7128,1931,70,1930],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch","tag-education","tag-eep","tag-efg-hermes","tag-enterpriseam","tag-gems","tag-ma-watch","tag-montessori","tag-schools","tag-trillium","wpautop","entry"],"acf":{"mongo_id":"fa6bd320-d578-4617-8e75-cafef9690dc3","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/5\/312.png","photo_position":"above","related_issue":[546644],"teaser":"","voice_url":""},"yoast_head":"\nEgypt Education Platform enters pre-K sector with acquisition of two preschools - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/24\/egypt-education-platform-enters-pre-k-sector-with-acquisition-of-two-preschools\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt Education Platform enters pre-K sector with acquisition of two preschools\" \/>\n<meta property=\"og:description\" content=\"Education management firm Egypt Education Platform (EEP) will acquire a majority stake in Montessori preschool chains Trillium and Petals, it said in a press release (pdf). 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the Sovereign Fund of Egypt\u2019s (SFE) education management firm Egypt Education Platform (EEP) has inked an agreement to acquire an undisclosed majority stake in education platform Selah El Telmeez (SET), according to a statement\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/241.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":633239,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/10\/education-platform-epp-wants-to-set-up-two-schools-in-alexandria-and-soma-bay-by-2025\/","url_meta":{"origin":546650,"position":1},"title":"Education platform EPP wants to set up two schools in Alexandria and Soma Bay by 2025","author":"enterpriseam admin","date":"10 July 2024","format":false,"excerpt":"EPP is planning to enter up to three regional markets soon.","rel":"","context":"In 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Saybad\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/268.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578967,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/local-bmw-assembly-is-back-courtesy-of-global-auto-group\/","url_meta":{"origin":546650,"position":3},"title":"Local BMW assembly is back, courtesy of Global Auto Group","author":"enterpriseam admin","date":"19 January 2023","format":false,"excerpt":"AUTOMOTIVE- BMWs are now being assembled in Egypt for the first time in almost five years: Global Auto Group \u2014 the new agent and importer for BMW in Egypt \u2014 has begun assembling BMWs in Egypt, Chairman Fahad Alghanim said during a presser yesterday, according to Al Mal. The company\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/335.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":551077,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/24\/this-evening-egypt-gets-usd-3-bn-from-itfc-to-help-cover-wheat-import-bill-what-happened-on-day-one-of-davos\/","url_meta":{"origin":546650,"position":4},"title":"THIS EVENING: Egypt gets USD 3 bn from ITFC to help cover wheat import bill + What happened on day one of Davos?","author":"enterpriseam admin","date":"24 May 2022","format":false,"excerpt":"It\u2019s shaping up to be a news dump day-type of hump day, friends, as we push through a rather busy week.THE BIG STORY TODAY Egypt is getting a USD 3 bn top-up from the International Islamic Trade Finance Corporation to help cover our ballooning wheat import bill, Supply Minister Ali\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566758,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/egypt-education-platform-coming-to-soma-bay\/","url_meta":{"origin":546650,"position":5},"title":"Egypt Education Platform coming to Soma Bay","author":"enterpriseam admin","date":"12 July 2021","format":false,"excerpt":"The Egypt Education Platform (EEP) signed an MoU with Abu Soma Development (ASD) to develop and operate a school in Soma Bay under the GEMS International Schools brand, according to a press release (pdf). The cooperation comes as ASD aims to elevate Soma Bay as a permanent fully-integrated residential community\u2026","rel":"","context":"In "SPEED ROUND: EDUCATION"","block_context":{"text":"SPEED ROUND: EDUCATION","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=546650"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546650\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/546644"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/546651"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=546650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=546650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=546650"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=546650"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=546650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}