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GFH Sets 200 Million Dollars Aside to Venture Into the Private Education Industry

GFH (GFH Financial Group) made an official announcement about unveiling Britus Education, a platform for K-12 education. It is designed to make the most of the value opportunities found in the fragmented private education sector worth trillion dollars across the globe.

The launch was marked with the education roundtable conference hosted by Britus Education and GFH on December 2, 2019, on the sidelines of Bahrain’s 26th Annual World Islamic Banking Conference. The conference was attended by regional as well as global experts of the industry, including senior officials from the Ministry of Education of Bahrain, Bahrain Economic Development Board, UNDP, Education Quality Authority of Bahrain, Ministry of Education of Oman, among others.

According to the reports, GFH has secured the seed K-12 schools for the platform in the Middle East and created a strong deal pipeline. Moreover, it has plans in place for concluding numerous acquisitions with the initial target assets of 200 million dollars in the forthcoming months.

GFH’s CEO, Hisham Alrayes, said he was pleased to launch the platform of Britus Education. Continuing further, he said that the platform is in harmony with the Group’s strategy of delivering additional value for their shareholders and investors and creating a positive effect on the education quality, not only in the Middle East but also on a global level.

He also added that by establishing the Britus Education platform with a team of industry-leading experts would help the investors gain from the growth of the sector by means of structured investments.

As per the reports, the platform concentrates on making investments in the performing schools, which can be accelerated further by optimizing the capacity of students. It will boost the outcomes of student academics, as well as optimize the fee structure so that it can be economical for the fast-growing mid-market.

Felicia Learned
Felicia Learned
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