Safanad and Global School Management plan investments of US$200mln in MENA education sector

Safanad and Global School Management plan investments of US$200mln in MENA education sector

- Plans to acquire and develop multiple schools with transactions underway that would immediately add 10,000 new students

- Strategy builds on growth in demand by families and commitment from governments to expand capacity and quality of private education

New York – Safanad, a global principal-led investment house and Global School Management, an international education platform, announced initial planned investment of US$200 million in the region’s education sector and a commitment to invest significantly beyond this to acquire, manage and develop multiple charter, online, early learning, and K-12 private schools independently and in partnership with regional governments. GSM was established in 2014 with Safanad as a founding investor. It has grown to become a global market leader, serving more than 50,000 students across its 165 schools and early learning academies primarily in the US, Europe, and Africa.

The investment was announced during the Future Investment Initiative (FII) 6, where Safanad and GSM are taking part in the three-day global summit, which puts innovation and investment in education high on the program’s agenda as well as a having made it a central pillar of the FII Institute's “Impact on Humanity”.

GSM is finalizing transactions to acquire several schools in the Kingdom of Saudi Arabia and