Strategic Growth Investment to Enhance Educational Infrastructure and Reach
AlephYa Education (“AlephYa”), a leading provider of high-quality education across the GCC region, has announced a majority investment from TA Associates (“TA”), a renowned global private equity firm. This significant investment will drive AlephYa’s next phase of growth, enabling further expansion and enhancement of its educational offerings.
Details of the Investment
As part of the transaction, current stakeholders Gulf Investment Corporation (“GIC”) and Oman International Development and Investment Company SAOG (“Ominvest”) will continue to hold significant shares in AlephYa. In contrast, Ashmore Investment Saudi Arabia (“Ashmore”), which has been a pivotal investor since 2017, will completely divest its investment. The partnership with TA marks a pivotal moment for AlephYa, reinforcing its commitment to providing affordable and high-quality education across the Middle East.
Founded in 2017, AlephYa has rapidly grown into a major educational platform, operating 13 schools across Saudi Arabia, the UAE, and Oman. With over 18,500 students enrolled, the Company offers a diverse range of curricula, including American, British, and local options, aimed at developing future leaders while maintaining cultural heritage.
Strategic Goals and Future Outlook
Dhiraj Poddar, Managing Director at TA, commented, “AlephYa has demonstrated a strong track record of growth and operational excellence. Our investment is aimed at accelerating the Company’s expansion and furthering its mission to deliver high-quality education to a broader audience.”
Vishal Gupta, Director at TA, added, “We are excited to collaborate with AlephYa to enhance its educational infrastructure and increase its impact across the GCC. Our investment will support AlephYa’s efforts to expand and improve its facilities, ensuring the Company’s continued success.”
Shailesh Doshi, CEO and Co-Founder of AlephYa, expressed enthusiasm about the partnership, stating, “TA’s investment aligns perfectly with our vision for academic excellence. Their expertise in scaling businesses will be invaluable as we continue to grow and enhance our educational offerings.”
Nadeem Masud and Chandra Tiwari, Co-Founders of AlephYa, also highlighted the significance of the investment, noting, “We are thrilled to welcome TA as an investor. Their deep industry knowledge and experience will help us achieve our strategic goals and expand our impact.”
Acknowledgements from Current Investors
Ibrahim Assem, Head of Private Equity for MENA at Ashmore Group plc, commented on the investment journey, stating, Supporting AlephYa’s growth alongside Ominvest and GIC has been an honor. We wish the Company continued success as it embarks on this new chapter with TA.
Mohammad Al-Fares, Head of Diversified Projects Division at GIC, remarked, AlephYa is strategically positioned for sustained growth, and we look forward to the future with TA. This investment will help AlephYa maintain its trajectory of success and expansion.
Badar Al Shanfari, Chief Investment Officer (Private Equity) at Ominvest, commented, “We are confident that TA’s involvement will significantly enhance AlephYa’s educational offerings and strengthen its regional presence. This investment aligns with Ominvest’s mission to drive transformation and enrich societies.”
Advisors and Legal Counsel
PwC Middle East acted as the financial advisor to TA, with Al Tamimi & Company and Goodwin Procter LLP offering legal counsel. The financial terms of the transaction remain undisclosed.
