KKR Acquires Majority Stake in EuroKids International
Posted On: 05 Sep 2019 | Source(s): KKR | Date: 5 September 2019
Global alternative investment manager KKR has acquired a majority stake in the India-based education services provider EuroKids International. Investing through its Asian Fund III, KKR purchased the stake from a consortium of existing investors led by India-focused mid-market private equity fund manager Gaja Capital. EuroKids operates schools and educational programs for children from preschool through 12th grade in 350 cities across five countries. Financial details of the transaction were not disclosed.