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KKR invests in Malaysian private educator TEG
Firm’s minority stake in Taylor’s Schools enables institution to accelerate Asean growth plan
The Asset 25 Nov 2021

Global investment firm KKR and Southeast Asian private educator Taylor’s Education Group (TEG) have signed agreements under which KKR will acquire a minority stake in Taylor’s Schools, the owner and operator of six international schools in Malaysia and Singapore.

Taylor’s Schools, which is focused on the K-12 education system, is a member of TEG, a private education institution in Malaysia, Singapore and Vietnam. Other education-focused verticals under the TEG umbrella include Taylor’s University, Taylor’s College, The British University Vietnam and Taylor’s Hostel Management, among others. These educational institutions continue to be wholly owned by TEG.

“Over the years, Taylor’s Schools has grown in significance as a provider of international school education in Malaysia and Singapore,” says Loy Teik Ngan, executive chairman of Taylor’s Schools. “With the intention to expand our portfolio of international schools in the Asean region… [the KKR collaboration] will complement our strength in education operations with their regional network, expertise in mergers and acquisitions, and access to capital.”

In the education space, KKR has built up a strong track record in Asia and globally, including through investments in Lighthouse Learning, an Indian education services provider; Cognita Schools, a UK-based global private schools group; EQuest Education, an educational services provider in Vietnam; and Education Perfect, an education technology firm in Australia and New Zealand.

KKR invested in Taylor’s Schools from its managed funds, and Rothschild & Co was the sole financial advisor to Taylor’s Schools and its shareholders on the transaction.

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