AlephYa Education, a leading pan-GCC education provider, has secured a majority investment from TA Associates, a global private equity firm.
As part of the transaction, existing investors Gulf Investment Corporation (GIC) and Oman International Development and Investment Company SAOG (Ominvest) will maintain a meaningful stake in the business and collaborate closely with TA. Meanwhile, Ashmore Investment Saudi Arabia (Ashmore), an investor in AlephYa since 2017, will divest its stake in the company.
AlephYa, established in 2017, has rapidly evolved into a leading educational platform committed to providing high-quality, affordable education to both local and expat families across the Middle East. With 13 schools spanning across Saudi Arabia, UAE and Oman, and over 18,500 students, AlephYa offers a blend of American, British and local curricula to empower students with essential skills while retaining their national heritage.
Dhiraj Poddar Managing Director – TA
“Since AlephYa’s founding only seven years ago, the Company has established a strong, diversified platform driven by an impressive track record of M&A and operational excellence. As experienced investors in the education space, we see great potential for AlephYa’s continued expansion, both organically and through strategic acquisitions.”
Shailesh Doshi, CEO and Co-Founder of AlephYa, stated that, “TA shares our commitment to academic excellence, and their investment provides a major opportunity to enhance our educational infrastructure, improve our facilities and increase our impact on new and existing students.”
“We are excited to welcome TA as an investor and look forward to leveraging their deep expertise in scaling companies to reach our full potential,” commented Nadeem Masud and Chandra Tiwari, Co-Founders of AlephYa. “We are thrilled to partner with the AlephYa team to achieve further scale and bring high-quality, affordable education to more communities across the GCC,” added Vishal Gupta, Director at TA.
“Since investing in the Company in 2017, it has been a privilege to significantly scale AlephYa working alongside Ominvest and GIC during a period of such transformational growth,” stated Ibrahim Assem, Head of Private Equity, MENA at Ashmore Group plc. “We wish AlephYa and its shareholders the best as they solidify its position as one of the largest school groups in the region,” added Kartik Patel, Head of Alternatives at Ashmore Investment Saudi Arabia
Mohammad Al-Fares, Head of Diversified Projects Division at GIC, commented that, “We believe AlephYa is well-positioned to sustain its rapid growth as the demand for accessible, high-quality education continues to increase across the GCC. This transaction is part of GIC’s strategy to partner with leading global firms and we look forward to the next chapter ahead in partnership with TA.”
“We are pleased to welcome TA as a fellow investor in AlephYa. As knowledgeable investors in the education sector, we are confident TA’s partnership will enable us to enhance AlephYa’s offering and further strengthen its footprint. This investment is aligned with Ominvest’s Purpose Statement of transforming businesses to enrich societies,” added Badar Al Shanfari, Chief investment Officer (Private Equity) at Ominvest.
