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.
