The Egypt Education Platform (EEP) has entered into a final agreement to acquire the majority stake in the Trillium and Petals Montessori nurseries chain, which is classified as one of the pioneers of early education in Egypt and is spread in more than 8 areas in Cairo.
Ahmed, CEO of Egypt Education Platform, revealed that the Trillium and Petals Montessori nurseries, which were established in 2011, have witnessed a steady growth and have been able to build a prominent position in the market, explaining that the integration between the two parties will support the accelerated growth path of the chain of nurseries and enhance their leadership position in the Egyptian market.
Wehbe explained that the Egypt Education Platform’s investment in a series of Trillium and Petals Montessori nurseries comes within the framework of completing the provision of integrated educational services to the Egyptian family and falls under the platform’s strategy to fulfill its commitment towards providing the best possible educational services across different geographical areas.
Wehbe added: “The Egypt Education platform – which was established in 2019 – continues its expansions in the Egyptian education sector across its various sectors to meet the various segments of the market and with the support of a variety of regional and global institutional investors, including EFG Hermes and the Egyptian Sovereign Fund.”
The Egypt Education platform currently has 11 schools in various stages of development with a combined capacity of about 20,000 students.
The platform includes under its umbrella GEMS International Schools in Egypt, Hayat International Schools, distinguished language schools, in addition to investments in sectors that serve the portfolio of schools owned and managed by the platform, such as the transportation services sector through its investment in the “Option Travel” company.
For her part, Sherine Ibrahim, founder and CEO of Trillium and Petals Montessori nurseries, said that the Education Egypt platform’s focus on the quality of service provided through their school network and its clear vision, diversity and expertise helped us build trust and joint investment.
She explained that she is looking forward to how this cooperation will contribute to the expansion of the “Trillium and Petals” nursery chain across the country.
Wehbe returns by saying, “Trillium and Petal are the platform’s fifth operational investment in the local market and we will work closely with experienced team members under Shireen’s leadership to further enhance the company’s position and realize its potential.”
He pointed out that the Egypt Education platform continues its expansion efforts in the Egyptian education sector and is currently working on discussions on several new strategic investments that will help further diversify the platform’s presence and allow the company to achieve its growth goals over the next few years.