CI Capital Exits Taaleem Management Services With High Returns
Deal News | Dec 17, 2024 | Zawya
CI Capital Holding for Financial Investments has announced a successful exit from its investment in Taaleem Management Services after a five-year holding period. The exit delivered four and a half times the equity invested, achieving an Internal Rate of Return of approximately 50%. CI Capital's strategic involvement led to nearly fourfold growth in Taaleem's EBITDA and a significant increase in student enrollment, driven by the addition of new faculties and the expansion of existing ones. The launch of Badya University in partnership with Palm Hills Developments in West Cairo and the upcoming inauguration of Memphis University in East Cairo emphasized Taaleem's commitment to enhancing Egypt's higher education sector. CI Capital's Group CEO, Hesham Gohar, highlighted the investment's transformational impact, reinforcing Taaleem as a leading higher education platform in Egypt. This exit marks another milestone for CI Capital, underscoring its successful investment strategy in diverse sectors. CI Capital previously acquired a 60% stake in Taaleem in 2019 and led its IPO in 2021, further strengthening Taaleem's market standing.
Sectors
- Private Equity
- Education
- Financial Services
Geography
- Egypt – The article focuses on Taaleem Management Services and CI Capital's activities and influence within Egypt's education and financial markets.
Industry
- Private Equity – CI Capital's participation as a private equity investor is significant in this article as they facilitated the growth and eventual profitable exit from Taaleem Management Services.
- Education – Taaleem Management Services operates in the higher education sector, reflecting the nature of the company and its growth in student enrollment and educational infrastructure.
- Financial Services – CI Capital, as a financial investment firm, provides essential context to the transaction and strategic investments in diverse sectors.
Financials
- 4.5x equity return – CI Capital achieved a four and a half times return on its equity investment in Taaleem.
- 50% IRR – The internal rate of return realized by CI Capital from the exit of Taaleem Management Services.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CI Capital Holding for Financial Investments | Seller | Company | CI Capital is a financial investment holding company that sold its stake in Taaleem Management Services. |
| Taaleem Management Services | Target | Company | Taaleem Management Services is an educational service provider and the target company in which CI Capital held a stake. |
| Hesham Gohar | CEO | Person | Group CEO of CI Capital, provided statements on the strategic impact and return of the investment in Taaleem. |
| Palm Hills Developments | Partner | Company | Collaborated with Taaleem on the launch of Badya University in West Cairo. |