SPE Capital acquires stake in education group from TPG and Satya

SPE Capital announced the acquisition by its private equity fund SPE AIF I of a strategic minority stake in Holding Générale d’Education (Holged), a private education group in Morocco and Tunisia, from TPG Growth and Satya Capital.

Founded in 1986, Holged is a K-12 education group teaching to more than 16,000 students across four schools and 17 campuses. Over the past few years and throughout its partnership with TPG and Satya Capital since their investment in 2015, Holged has established itself as one of the leading private education groups in Morocco and Tunisia.

Hichem Omezzine, business unit partner at TPG, and Moez Daya, managing partner at Satya Capital said, “We had a great partnership with Ahmed Benyahia and the Holged team over the past few years, and are proud to have helped build a leading education platform in Morocco and Tunisia that continues to focus on quality teaching and positive impact outcomes. Together, we achieved some of the highest Baccalauréat success rates and successfully expanded the group with the acquisition of top tier AEFE-accredited institutions in both Morocco and Tunisia. We want to thank the entire Holged team for their partnership over the past seven years and wish them continued success as they enter their next chapter.”

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