Strategic Roadmap and Financial Performance
Divestment | Taaleem Holdings
Taaleem
Apr 2016 & Dec 2017
táaleem
inspiring young minds
UAE
Stake: 21.7%
Leading Provider of K12
Education in the UAE
Taaleem Holdings Psc ("Taaleem") is one of the
largest providers of early learning, primary and
secondary education in the UAE with
approximately 8,800 students spread across 9
institutions, seven of which are located in Dubai
and two in Abu Dhabi. It enjoys a reputation for
premium education across multiple curricula,
including British, American and International
Baccalaureate, as well as a multi-lingual early
childhood program
Investment AED 198 MN
Investment Thesis
Investment Thesis
✓ Strategic divestment of minority stake
✓ Financially attractive exit for Amanat with strong returns
Opportunity to recycle cash & invest in value accretive influential stakes
in healthcare and education
✓ Adds balance sheet bandwidth to explore and seize on investment
opportunities that are more coherent with Amanat's target platform
operating model
✓ Built successful track record of investing in K-12
Amanat has completed its first exit from its education portfolio since
inception
✓ Divestment of its 21.7% stake in Taaleem delivers expected net gain
on sale of AED 160 MN as net income in 2Q-2021
Sale has generated strong returns with an IRR of 21% and MoM of
2.2x
✓ Transaction is in line with strategic objectives to grow platforms and
focus on influential stakes
✓ The divestment is a testament to Amanat's capabilities in buying,
developing and selling investments that create shareholder value.
Our investment mandate will remain focused on K-12 and Higher
Education as well as specialized healthcare including post-acute care
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