Egypt Education Platform acquires two preschools to expand to pre-K sector

Egypt Education Platform acquires two preschools to expand to pre-K sector
Source: Enterprise

Egypt Education Platform (EEP), education management company, entered into definitive agreements to secure a majority stake in Trillium and Petals Montessori Preschools.

Since their inception in 2011, Trillium and Petals Montessori Preschools saw steady growth, their integration with EEP will support an accelerated growth track for both Trillium and Petals.

“Our investment in Trillium and Petals Preschools will strongly complement our overall education offering
to our parents, families, and industry at large and falls within our strategy to further deliver on our
commitment of providing the best possible educational services in scalable formats across different
geographies and via a diversified set of value propositions that cater to the market’s different income
segments” Ahmed Wahby, CEO of Egypt Education Platform, said.

Egypt Education Platform established in 2019 and is backed by a diversified group of regional and global institutional investors including EFG Hermes and the Sovereign Fund of Egypt. The platform is continuing with its expansions in the Egyptian education sector across its different segments. EEP’s portfolio currently comprises 11 schools at various stages of development with a combined capacity reaching around 20k students.

“EEP’s solid focus on the quality of the educational service provided across their school network helped build trust amongst its families over the past few years and it is this feature along with their clear vision, diversity, and expertise that has worked well for us at Trillium. We do look forward for how this new chapter can contribute to both Trillium and Petals expansion across the country,” said Sherine Ibrahim, Founder and CEO of Trillium and Petals Preschools.

EEP is continuing with its expansion efforts in the Egyptian education sector and is currently advancing discussions on several new strategic investments that will help to further diversify the platform’s offering range and allow the company to realize its growth targets over the coming few years.

Read more: Class to acquire Anthology’s Blackboard Collaborate virtual classroom tool

If you see something out of place or would like to contribute to this story, check out our Ethics and Policy section.