Global investment firm KKR is acquiring a minority stake in Southeast Asian private educator Taylor’s Schools for an undisclosed sum, per an announcement.
KKR will be making the investment from its managed funds.
The KKR investment will support Taylor’s Schools to expand its portfolio of international schools in the ASEAN region.
Focused on the K-12 education system, Taylor’s Schools is a member of TEG, a private education institution with a presence in Malaysia, Singapore and Vietnam.
Following the transaction, TEG will remain the controlling shareholder of Taylor’s Schools.
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.
Taylor’s Schools owns and operates six international schools – Garden International School, Nexus International School Singapore, Nexus International School Malaysia, Australian International School Malaysia, Taylor’s International School Kuala Lumpur, and Taylor’s International School Puchong. KKR’s investment positions Taylor’s Schools to accelerate growth and regional expansion.
“KKR looks to leverage our operational experience, global network, and education expertise to further enhance Taylor’s Schools’ offerings,” said SJ Lim, Managing Director at KKR.
KKR’s investments in the education space include India’s Lighthouse Learning (formerly EuroKids International); UK-based Cognita Schools; Vietnamese EQuest Education and Australia & NZ-based edtech firm Education Perfect.