Private equity firm IK Investment Partners has taken a minority stake in Groupe EDH, a French private education provider.
Groupe EDH (GEDH) was founded in 1961 and consists of five schools which provide courses in communication, art and culture management, journalism, digital creation, design and marketing. It has 20 campuses in France and abroad and nearly 7000 students.
The business is majority owned by Quilvest Capital Partners and GEDH CEO Amin Khiari.
Quilvest invested in the business in 2017 and since then the business has acquired two schools in France specialising in digital creation and a Spanish communication and design university.
IK’s investment will enable the business to expand its existing schools and acquire new campuses in France and abroad.
Thomas Grob, Partner at IK Investment Partners, said: “We are delighted that the management of GEDH and Quilvest have decided to place their trust in us and to be able to contribute to the wider development of these schools. Our approach is based on a clear ambition: to build a champion in higher education in the fields of communication, culture and creation, in France and abroad.”
Amin Khiari, CEO and Chair of GEDH, added: “The investment from IK will provide us with the necessary resources to pursue a next phase of growth in the coming years, in keeping with the identity and values of our schools.”
