EduLife Group Secures $4.4 Million Investment from Sanari Capital
Sanari Capital, a private equity firm specializing in African growth enterprises, has announced an R80 million follow-on investment in EduLife Group, a prominent network of independent schools in South Africa. This investment is geared towards supporting EduLife's ambitious expansion plans nationwide.
EduLife Group, known for its commitment to providing accessible and quality education, intends to use the funds to strengthen its presence in key regions such as the Free State, Eastern Cape, and Western Cape. There are also plans to potentially enter Gauteng province. A portion of the investment will be allocated to enhancing capacity at existing schools, responding to increasing demand for affordable educational excellence.
Moushmi Patel, Partner at Sanari Capital, expressed enthusiasm about partnering with EduLife Group to advance their growth strategy. "Our focus is on sustainable value creation, not just for investors, but for the communities we partner with. EduLife exemplifies this perfectly. Together, we’re providing accessible and relevant education to students of all backgrounds, achieving both growth and positive impact."
Hansie Engelbrecht, CEO of EduLife, highlighted the organization's mission to provide modern, personalized education that prepares students for future success. "Our mission is to deliver inclusive, modern, and tailored education that empowers all students to flourish, reach their full potential, and prepare for the future," Engelbrecht emphasized.
EduLife Group offers a variety of tailored educational programs designed to meet the needs of students across different economic spectrums, aiming to create a positive impact on education accessibility and quality in South Africa.
Source: Empower Africa