Sanari Capital, a private equity firm focused on African growth companies, announced an R80 million (approximately $4.4 million) follow-on investment in EduLife Group, a network of independent schools in South Africa.
This investment aims to fuel EduLife’s expansion plans across the country.
The funds will be used to solidify the company’s presence in its existing regions – Free State, Eastern Cape, and Western Cape – with the potential to enter Gauteng province as well.
Additionally, part of the funding will go towards increasing capacity at EduLife’s existing schools due to rising demand for affordable quality education.
“We’re thrilled to support EduLife Group’s ambitious growth strategy,” said Moushmi Patel, Partner at Sanari Capital.
“Our focus is on sustainable value creation, not just for investors, but for the communities we partner with. EduLife exemplifies this perfectly. Together, we’re providing accessible and relevant education to students of all backgrounds, achieving both growth and positive impact.”
“Our mission is to deliver inclusive, modern, and tailored education that empowers all students to flourish, reach their full potential, and prepare for the future,” said Hansie Engelbrecht, CEO of EduLife.
EduLife Group offers diverse and tailor-made educational programs catering to various economic backgrounds.
The company’s commitment to affordability makes it a valuable resource for families seeking quality education options.
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