PSP Investments is investing C$299.7 million in Lighthouse Learning Group, a leading Indian education provider, to support its expansion across key cities in India.

Information on the Target

The Public Sector Pension Investment Board (PSP Investments) of Canada is making a significant investment of C$299.7 million in Lighthouse Learning Group, a prominent education services provider in India. This investment is facilitated through funds managed by the global investment firm KKR. Established as a key player in the education sector, Lighthouse Learning operates within the early childhood education and Kindergarten to Grade 12 (K-12) segments, providing innovative learning solutions across various formats.

Lighthouse Learning's diverse portfolio includes well-recognized brands such as EuroKids, Kangaroo Kids, EuroSchool, Billabong High International, Centre Point Group of Schools, Heritage International Xperiential School, and Heritage Xperiential Learning School. The organization has successfully enrolled over 190,000 students across more than 1,850 preschools and 60 K-12 schools throughout India, reflecting its substantial presence and impact on educational services in the country.

Industry Overview in India

The Indian education industry has witnessed remarkable growth in recent years, driven by a burgeoning population and an increasing demand for quality education. Parents are more inclined to invest in their children's education, prompting