Mediterrania Capital Partners has successfully exited its investment in the Groupe Scolaire René Descartes through a management buyout, marking significant growth in the private education sector in Tunisia.

Target Information

Mediterrania Capital Partners, a growth-focused private equity firm dedicated to investing in small and medium enterprises and mid-sized companies across North Africa and Sub-Saharan countries, has exited its stake in the Groupe Scolaire René Descartes (GSRD). This private educational group is headquartered in Tunis and specializes in providing internationally accredited educational programs from nursery to high school.

Since its investment in January 2018 through its MC II fund, Mediterrania aimed to partner with GSRD's founders to expand the organization by increasing the capacity of the existing network and supporting the development of new sites in key locations within Tunisia. Over nearly five years, Mediterrania worked closely with GSRD's management to implement value creation and sustainability processes, ensuring optimal operations while maintaining the esteemed educational standards and international approach that GSRD is known for.

Industry Overview in Tunisia

Tunisia's educational sector has been witnessing significant changes influenced by increasing demand for quality education and the integration of international educational standards. The market for pri