AlephYa Education (“AlephYa” or “Company”), a leading pan-GCC education provider, today announced a majority
investment from TA Associates (“TA”), a leading global private equity firm, to support its next
phase of growth. As part of the transaction, existing investors Gulf Investment Corporation
(“GIC”) and Oman International Development and Investment Company SAOG (“Ominvest”)
will retain a meaningful stake in the business, partnering closely with TA. Ashmore Investment
Saudi Arabia (“Ashmore”), an investor in AlephYa since 2017, will fully exit its investment in
the Company.
Founded in 2017, AlephYa has become a fast-expanding school platform committed to providing
high-quality, affordable education to local and expat families across the Middle East. The
Company’s network of schools offers a mix of American, British and local curricula designed to
empower students with the skills to become future leaders while retaining their national heritage.
Today, AlephYa owns and operates 13 schools across Saudi Arabia, UAE and Oman, with a
combined enrollment of over 18,500 students.
“Since AlephYa’s founding only seven years ago, the Company has established a strong,
diversified platform driven by an impressive track record of M&A and operational excellence.
As experienced investors in the education space, we see great potential for AlephYa’s continued
expansion, both organically and through strategic acquisitions,” said Dhiraj Poddar, Managing
Director at TA. “We are thrilled to partner with the AlephYa team to achieve further scale and
bring high-quality, affordable education to more communities across the GCC,” added Vishal
Gupta, Director at TA.
“TA shares our commitment to academic excellence, and their investment provides a major
opportunity to enhance our educational infrastructure, improve our facilities and increase our
impact on new and existing students,” said Shailesh Doshi, CEO and Co-Founder of AlephYa.
“We are excited to welcome TA as an investor and look forward to leveraging their deep
expertise in scaling companies to reach our full potential,” added Nadeem Masud and Chandra
Tiwari, Co-Founders of AlephYa.
“Since investing in the Company in 2017, it has been a privilege to significantly scale AlephYa
working alongside Ominvest and GIC during a period of such transformational growth,”
commented Ibrahim Assem, Head of Private Equity, MENA at Ashmore Group plc. “We wish
AlephYa and its shareholders the best as they solidify its position as one of the largest school
groups in the region,” added Kartik Patel, Head of Alternatives at Ashmore Investment Saudi
Arabia.

“We believe AlephYa is well-positioned to sustain its rapid growth as the demand for accessible,
high-quality education continues to increase across the GCC. This transaction is part of GIC’s
strategy to partner with leading global firms and we look forward to the next chapter ahead in
partnership with TA,” said Mohammad Al-Fares, Head of Diversified Projects Division at GIC.
“We are pleased to welcome TA as a fellow investor in AlephYa. As knowledgeable investors in
the education sector, we are confident TA’s partnership will enable us to enhance AlephYa’s
offering and further strengthen its footprint. This investment is aligned with Ominvest’s Purpose
Statement of transforming businesses to enrich societies,” commented Badar Al Shanfari, Chief
investment Officer (Private Equity) at Ominvest.

In a move aimed at promoting childcare and teaching the distinct religious and cultural values, the
Islamic Affairs and Charitable Activities Department in Dubai [IACAD] announced the launch of “Al-
Freij Nursery” the first-its-kind nursery in the United Arab Emirates, at Umm Al-Sheif Islamic Cultural
Center, as part of IACAD’s commitment to activating all its centers to serve the residents of the
Emirate’s regions.

“Al-Freij Nursery”symbolizes a groundbreaking model for taking care of the UAE children through its
focus on the Arabic language with a distinctive UAE imprint and qualifying them based on well-studied
academic educational plans, by investing in UAE human resources, including “Al-Freij Mothers” of
mothers, female teachers and employees, to instill religious values and inherited UAE traditions and
culture in the hearts and souls of children.

For his part, His Excellency Ahmed Darwish Al Muhairi, Director General of IACAD, stressed that “Al-
Freij Nursery” reflects our deep commitment to raising a new generation on strong Arab, religious and
cultural foundations, noting that it is an important step towards promoting the Islamic values and the
UAE culture and instilling them in the children’s minds from a young age.

His Excellency said: “Through this initiative, we are committed to providing all-inclusive and large-
scale care for our children in line with the aspirations and traditions of our society, in addition to
involving “Al-Freij Mothers” in this initiative to activate their effective role in society, as we confirm that
their participation reflects an essential value as major contributions to enhancing the spirit of
cooperation and integration between generations.”

Hamda Al Mutaiwee, the initiative’s official, explained that the Al-Freij Nursery has distinct features
and characteristics that make it the most suitable for the people of Al-Freij. Among its priorities are
instilling the inherited UAE culture, customs and traditions, and it is managed by UAE personnel from
the “Al-Freij Mothers”. The nursery accommodates more than 40 children from UAE families, aged
between 1 and 4 years.

The nursery seeks to raise the young children according to the principles and teachings of our
religion, while providing an all-inclusive, inspiring educational environment that is compatible with the
authentic traditions and heritage of the UAE society, as it aims to prepare the children from their early
stages, to teach them Islamic values and the UAE culture in a way that ensures their proper and
sound upbringing.

“Al-Freij Nursery” represents a groundbreaking model for taking care of the children and raising them
on the Islamic and UAE values, and bears witness to IACAD’s unwavering commitment to developing
educational programs aimed at achieving comprehensive development and healthy growth for future
generations.

His Excellency Brigadier Jamal Ahmed Al Tair, Acting Commander-in-Chief of Ras
Al Khaimah Police, conducted a field inspection at the beginning of the new school
year, visiting Awafi Educational Complex. Accompanied by Brigadier Ahmed Al
Sam Al Naqbi, Director General of Central Operations, and several officers, they
were welcomed by Hayat Al Shehhi, Director of the Educational Complex, and
Ahmed Al Shehhi, Director of the School Operations Department at the Ras Al
Khaimah Educational Zone. Brigadier Jamal Al Tair extended his congratulations to
the administrative staff, educators, and students on the commencement of the school
year. He reaffirmed Ras Al Khaimah Police’s commitment to ensuring a successful
academic year by bolstering security measures and increasing police presence around
key schools to maintain student safety and facilitate smooth traffic flow. Highlighting
the importance of student safety, Brigadier Al Tair emphasized that it remains a top
priority for the police, aligning with the Ministry of Interior’s strategic goal to
enhance road safety and safeguard the well-being of the nation’s future generations.
He also underscored the value of ongoing cooperation between Ras Al Khaimah
Police and educational institutions, which is reflected through increased patrols,
traffic management near schools, and awareness programs aimed at raising safety
standards for both students and school staff. During his visit, Brigadier Al Tair
welcomed arriving school buses, personally greeting students and offering his best
wishes for a safe and successful academic year. He also accompanied some students
to their classrooms, reinforcing his support for their well-being. Hayat Al Shehhi,
Director of the Awafi Educational Complex, expressed her gratitude for the consistent
efforts of Ras Al Khaimah Police in ensuring the safety of students. She praised the
police’s unwavering commitment to traffic management around schools, reflecting the
strong partnership between law enforcement and educational institutions, which
serves as a model of community responsibility and security.